How Iran is strangling the world's oil supply | About That
Iran effectively shut down the Strait of Hormuz, a critical oil shipping route, threatening to attack any ship trying to pass through.
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17 stories found
Gold climbs to $5,380 as investors boost demand for “safe havens”
Gold rose for a fifth consecutive session as escalating conflict in the Middle East rattled global energy markets and drove investors toward safe-haven assets The post Gold climbs to $5,380 as…
Gas prices in EU surge 50% in one day after Iran's attack on Qatar – Bloomberg
Qatar has halted liquefied natural gas production at the world's largest export facility following an Iranian drone attack, sending European gas prices up by more than 50% and shaking global energy markets.
Iran Strike Proves Why Dubai Is Not As Safe As Thought To Be
Following Iranian strikes, governments across the Middle East and Europe have called for restraint, warning that further escalation could destabilize global energy markets and highlighting Dubai's vulnerability.
Potential Strikes Against Iran and Their Impact on Global Energy Markets
This article discusses the potential impact of military strikes against Iran on global energy flows, noting that oil prices have already risen by $10 per barrel this year due to market concerns over threats to Iran, despite existing US sanctions.
Fueling uncertainty: How US-Iran tensions shape energy markets
The current picture dominating global energy markets can, at a first glance, be read as one of surprising calm and controlled optimism. Messages of coordination and supply security...
As US-Iran war threatens global energy markets, will China speed up its green transition?
From Venezuela to Iran, a wave of military interventions by the United States threatens to disrupt China’s oil supplies – and could accelerate Beijing’s transition away from fossil fuels, according…
Coal Prices Jump Due to Qatar LNG Halt
Coal prices have surged as a halt in Qatar's LNG supply increases the need for fuel-switching, impacting global energy markets.
Gas Prices Surge as Qatar Shuts World’s Largest LNG Export Plant
Qatar shut down liquefied natural gas production at the world’s largest export facility after it was targeted in an Iranian drone attack, sending European gas prices surging more than 50% and rattling global energy markets.
A sharp oil price increase could come due to the Iranian war
Most analysts expect a significant price increase, though not an oil shock, as a consequence of the Iranian war.
Oil Prices Gain Amid Increased Risk of US-Iran Conflict
Oil prices have risen due to an increased risk of conflict between the United States and Iran, impacting global energy markets.
OPEC+ Expected to Resume Output Increases
Kpler, an analytics firm, predicts that OPEC+ will resume increasing its oil output. This development is being closely watched by global energy markets.
How the Iran conflict has rattled global energy markets
The main source of concern is Tehran’s influence over shipping in the Strait of Hormuz
Gas prices are also rising sharply due to the war in the Middle East; inflation is likely to increase
The escalation of the conflict in the Middle East has caused turmoil in global energy markets.
Oil prices spike and stock markets drop after US-Israeli strikes on Iran
Oil prices rose by up to nine per cent on Monday after United States and Israeli strikes on Iran and reported attacks on tankers near the Strait of Hormuz unsettled global energy markets. Brent…
How war in Iran could impact global energy markets
The U.S.-Israeli war with Iran, a major oil producer, threatens to impact oil and natural gas markets worldwide.
US-Canada cooperation proposed to secure borders and reshape energy markets
A proposal suggests that enhanced US-Canada cooperation in oil, gas, and critical mineral extraction could secure borders and reshape global energy markets.