US EditionThe Iran War and Global Energy Markets Are Beyond Trump's Control
27 Articles
27 Articles
The Iran War and Global Energy Markets Are Beyond Trump's Control
An oil tanker burns in the Strait of Hormuz. Screenshot from this video.Iran closing the Strait of Hormuz in response to the U.S.-Israeli attack means widespread economic disruption. There is reliance on energy through all aspects of the economy. There are also additional oil effects—things like uses for metallurgy processes, for example, different byproducts used for agriculture—and oil is a global commodity, meaning that it is produced in many…
Donald Trump has given varied, even contradictory, arguments of his motives to launch an attack on Iran with Israel. None have targeted China, his great rival for global economic and technological leadership, despite Iran, like Venezuela, being one of the major oil suppliers of the Asian giant and the blockade of the Strait of Ormuz that Tehran has forced in retaliation closes a key energy supply route for Beijing and the entire Asian continent.…
Before U.S. and Israeli bombers started flying over Iran and maritime traffic was virtually paralyzed in the Strait of Ormuz, China already...
Tehran. Iran warned this Thursday that the U.S. will regret initiating the war against the Islamic Republic, and announced that it will keep the narrow strategic of Ormuz closed, an additional pressure that pushed the oil to close at a maximum since 2022.The war in the Middle East has paralysed the Strait of Ormuz and, consequently, an essential part of the global hydrocarbon traffic that passes through the region, which has caused “the greatest…
New York (EFE).- Texas intermediate oil (WTI) rose by 9.72 percent this Thursday, to 95.73 dollars a barrel, after the new supreme leader of Iran, Ayatollah Mojtaba Jameneí, ordered that the Strait of Ormuz should remain closed. At the end of the session, contracts for futures for the development of the ... Read more
Iran warned this Thursday that the U.S. will regret initiating the war against the Islamic Republic, and announced that it will keep the strategic strait of Ormuz closed, an additional pressure that pushed the oil to close at a maximum since 2022.
Coverage Details
Bias Distribution
- 37% of the sources lean Left, 36% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
