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Items tagged with: Energy
How Does the Iran War Affect China’s Energy Security? - EUROPE SAYS
Since the beginning of the U.S.-Israeli war on Iran, a key question constantly asked is how Beijing might react — assuming that China’s economy relies on oilEUROPE SAYS
All of that will be inflationary, prompting bond markets to raise borrowing #costs worldwide. Forget about rate cuts. Of the five #CentralBanks meeting next week in the United States, Europe, Britain, Australia & Canada, traders bet none will be easing & one - Australia - will be hiking.
#Trump #US #Iran #war #ForeverWars #inflation #economy #affordability #CostOfLiving #oil #energy #geopolitics #MiddleEast
#MojtabaKhamenei statement cont∶
“One point I must emphasize is that, in any case, we will obtain compensation from the enemy. If it refuses, we will take from its assets to the extent we deem appropriate, & if that is not possible, we will destroy its assets to the same extent.”
#TrumpsWar #US #Iran #Israel #war #ForeverWars #Trump #RulesOfWar #law #Congress #WarPowers #geopolitics #MiddleEast #inflation #economy #affordability #CostOfLiving #oil #energy
Higher #MortgageRates could widen that gap even further, making it harder for many households; wealthier buyers & investors are more likely to pay in cash.
The geopolitical tensions driving #energy prices higher are also complicating the outlook for #InterestRates. Expectations that the #FederalReserve might begin cutting rates have faded as #markets worry #inflation could stay higher for longer than anticipated.
#WealthDivide #inequity #economy #affordability #CostOfLiving #housing #Trump
When the #US & #Israel attacked #Iran, setting off an #energy crisis & raising new #inflation concerns in #FinancialMarkets. The result has been a jump in the yield on government bonds, & falling expectations for #InterestRate cuts later this year. The yield on the 10-year #Treasury note, which acts as a broad reference interest rate that underpins the US #mortgage market, climbed to 4.25% Thursday, up from below 4% before the war began.
2 Tankers Attacked & Burning; #Oil Disruption Is Called Worst in History
The #IRGC claimed responsibility for attacking 1 of the 2 tankers off #Iraq’s coast, a Marshall Islands-flagged ship that Iraqi ofcls said was owned by a #US company. In a statement cited by #Iran state media, the Guards said the ship had “disobeyed & ignored” warnings. US #Energy Secy Chris Wright told CNBC the US Navy was not ready to begin escorting ships through the #StraitOfHormuz.
#TrumpsWar
cnbc.com/2026/03/12/energy-sec…
Energy Secretary Wright says U.S. 'not ready' to escort oil tankers through Strait of Hormuz yet
Tanker traffic through the strait remains at a standstill as ship owners fear attacks by Iran. The closure has triggered the largest oil supply disruption ever.Spencer Kimball (CNBC)
“This really is the big one,” David Goldwyn, fmr #US diplomat & #Energy Dept ofcl, said of the shutdown of the #StraitOfHormuz, the world’s most important choke point for #oil. This is the emergency scenario everyone feared.
#Cargo deliveries are stranded, #shipping charges have increased & #insurance premiums have skyrocketed. Yes, the price of #gas at the pump is affected. But so is the price of #food, #medicine, airplane tickets, #electricity, cooking oil, semiconductors & more.
And across the United States, Canada, Europe, Britain & Mexico, #farmers blanched at the surge in #fertilizer costs.
The widening #war in #Iran has delivered a stunning punch to a worldwide #economy that has already been walloped by a breakdown of the international trading order, war in Ukraine & Trump’s chaotic policymaking.
#TrumpsWar #US #Iran #war #Trump #RulesOfWar #law #WarPowers #geopolitics #MiddleEast #inflation #economy #affordability #CostOfLiving #oil #energy #EnergyCrisis
#Oil Shock’s Tentacles Grip #WorldEconomy: ‘This Really Is the Big One’
Countries already walloped by a breakdown of the international #trade #chaos brought on by #Trump #tariffs, #war in #Ukraine & chaotic #US policymaking are facing lasting economic damage.
#TrumpsWar #war #ForeverWars #law #Congress #WarPowers #geopolitics #MiddleEast #inflation #affordability #CostOfLiving #energy #EnergyCrisis
He noted that the price of Russian #oil had been rising since the #war in #Iran started, & that it was likely that the #sanctions relief could be extended indefinitely.
“I do worry that this is effectively the destruction of the oil sanctions on #Russia,” said Mr. Fishman….
#TrumpsWar #US #ForeverWars #Trump #Ukraine #law #Congress #WarPowers #geopolitics #MiddleEast #inflation #economy #affordability #CostOfLiving #energy #EnergyCrisis
The lifting of #oil #sanctions represents a sharp reversal from last summer, when the admin doubled #tariffs on #India as punishment for its purchases of oil from #Russia.
“In one fell swoop we’ve undone a huge amount of pressure on Russia,” said Edward Fishman, a senior fellow & director of the Maurice R. Greenberg Center for Geoeconomic Studies at the Council on Foreign Relations.
#TrumpsWar #US #Iran #war #Ukraine #Trump #law #Congress #WarPowers #geopolitics #inflation #economy #energy
The other option? Don’t attack #Iran. Idiots.
#Trump Removes #Sanctions on #Russia to Help #Oil Flow Amid Iran #War
The #US on Thursday temporarily lifted sanctions on Russian oil that is currently at sea, allowing it to be shipped to buyers around the world as the Trump admin scrambles to contain #energy #prices that have been soaring because of the war in Iran.
#TrumpsWar #law #WarPowers #geopolitics #Ukraine #inflation #economy #affordability #CostOfLiving
nytimes.com/2026/03/12/us/poli…
Officials in #Cuba report an island-wide #blackout in the country of some 11 million people as its #energy & economic crises deepen.
The Ministry of Energy & Mines reported on X a “complete disconnection” of the country’s #electric system & says it is investigating.
President Miguel Díaz-Canel on Friday warned that the island had not received #oil shipments in >3 months & that it was operating on #solar power, natural #gas & #thermoelectric plants.
The Papers: 'Help' for energy bills and PM 'resists' Trump warships call
#UKImpact #Energy #Trump #PMJohnson #MiddleEastConflict
bbc.com/news/articles/c62dy26g…
Newspaper headlines: 'Help' for energy bills and PM 'resists' Trump warships call
The impact in the UK of the ongoing conflict in the Middle East features on Monday's front pages.BBC News
Speaking with FRANCE 24's Sharon Gaffney, Peter McNally, Global Head of Sector Analysts at Third Bridge, says that "the duration of the outage in the Middle East is going to be the biggest factor" in the G7's decision to tap into strategic oil reserves, adding that US President Donald Trump has "very few" options to keep energy prices down in the short term "other than to make demand go lower".
#Iran #oil #Trump #war #energy #StraitofHormuz
youtube.com/watch?v=1rNHgmz6Ic…
Trump has 'very few' options to keep energy prices down in the short term, analyst says
Speaking with FRANCE 24's Sharon Gaffney, Peter McNally, Global Head of Sector Analysts at Third Bridge, says that "the duration of the outage in the Middle ...YouTube
It is the centerpiece of Iran's oil industry. Located some 25 kilometers, or 15 miles, off the shore of mainland Iran, Kharg Island is a small but vital strip of land, for the Iranian regime. Around 90% of its crude oil exports pass through here. FRANCE 24's Solange Mougin reports.
#Iran #oil #Hormuz #war #MiddleEast #energy #trade
youtube.com/watch?v=AOIdkj7CQJ…
Kharg Island: Iran’s ‘untouchable’ oil artery? • FRANCE 24 English
It is the centerpiece of Iran's oil industry. Located some 25 kilometers, or 15 miles, off the shore of mainland Iran, Kharg Island is a small but vital stri...YouTube