Why the Iran War May Force Countries to Rely Less on Natural Gas

The U.S. and other exporters are poised for a windfall, but disruptions to Persian Gulf supplies are also pushing gas-buying countries to consider alternatives like coal, solar and nuclear energy.

By Rebecca F. Elliott and Brad Plumer

The Other Markets Being Rattled by the Blockage of Hormuz - WSJ

The Other Markets Being Rattled by the Blockage of Hormuz  WSJ

Goldman Sachs has a blunt message on oil prices and jobs

Strait of Hormuz chokehold: What is happening to petrol prices in India and neighbouring nations amid oil supply crunch?

Global crude markets are strained as Middle East conflict escalates, pushing oil prices up and impacting fuel supplies worldwide. Countries like India, Nepal, Bhutan, Pakistan, Sri Lanka, Myanmar, and Bangladesh are implementing measures such as price adjustments, import increases, and conservation efforts to manage the crisis.

By TOI BUSINESS DESK

After Strait of Hormuz, it’s Bab el-Mandab now. What happens if the ‘Gate of Tears’ is blocked?

By Karishma Ayaldasani

Inadequate responses by Europe to the impact of Iran war

As the war with Iran, involving Israel and the US, escalates, governments in Europe appear to be underestimating its ongoing and future damaging economic impact. Already, the war has triggered much higher energy and related prices that are reducing real disposable incomes of households and raising business costs. Furthermore, the mounting structural damage to production […]

Worries deepen over global economic pain from Iran war

WASHINGTON (AP) — US and Israeli attacks on Iran have driven up prices, darkened the outlook for the world economy, sent global stock markets reeling and forced developing countries to ration fuel and subsidize energy costs to protect their poorest. Ongoing strikes and counterstrikes on Persian Gulf refineries, pipelines, gas fields and tanker terminals threaten to the prolong the global economic pain for months, even years. “A week ago or certainly two weeks ago, I would have said, If the war s

By The Korea Herald

One month on, Iran conflict fuels worries over businesses, households

Iran's blockade of the Strait of Hormuz has driven up crude oil prices, hitting businesses such as farms, bathhouses and public transportation operators.

Bonaire asks The Hague to intervene as Middle East unrest, freight costs drive up prices

The island government of Bonaire is urging the Dutch government to take immediate action as rising freight costs, driven by unrest in the Middle East and disruptions in shipping, threaten to push u

By 87667

Double tragedy: Nigerians ration power, hustle for fuel as petrol price hit N1,500

With the ongoing US–Israel–Iran conflict triggering a surge in crude oil prices above $100 per barrel from $60, amid disruptions to energy infrastructure and heightened risks to global supply routes... The post Double tragedy: Nigerians ration power, hustle for fuel as petrol price hit N1,500 appeared first on Vanguard News.

By olufemiajasa