Iran War Paralyzes Oil Trade, U.S. Military Plane Crashes in Iraq

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The war between the United States, Israel and Iran enters its 14th day with a military and diplomatic escalation that continues to escalate the conflict in the Middle East. France has suffered the first downfall of one of its soldiers and the United States has lost six soldiers after a KC-135 crash in Iraq, the tanker aircraft fuelling the US air war in Iran.The conflict is also having strong economic and strategic consequences.The Iranian block…

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Here you will find information on the topic "Energy Crisis". Read now "No prospect of relaxation: oil prices continue to climb."

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On the oil market, there is no signs of relaxation, on the contrary: Iran's new leader wants to continue using the Strait of Hormus as a means of pressure. Quick aid from the US is not in sight.

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The attacks resulting from the conflict between Iran, Israel and the United States continue to increase, and tension in the Middle East is worsening day by day. This war, which began almost two weeks ago, has caused more than 1,400 deaths in the region and has forced nearly half a million people to leave their homes. Iran, for its part, has appointed its new supreme leader, Motjaba Khamenei, who will take office after the death of his father las…