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#OilCrisis

Russian sanctions crumble as the oil crisis bites. The sado-masochistic loonies in the EU will be the last to do it. 🇪🇺 #RussianSanctions #OilCrisis #EUSanctions #RU #EU

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Reuters 3w

U.S. President Donald Trump stated that Chinese President Xi Jinping acknowledged the need for Iran to reopen the Strait of Hormuz amidst rising oil prices and ongoing tensions, but China did not commit to pressuring Tehran, as the U.S. considers lifting sanctions on Chinese oil companies purchasing Iranian oil. #Iran #OilCrisis #Geopolitics #US #CN #IR #IL #LB #IN

Trump says Xi agrees Iran must open strait, China says war shouldn't have started
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Reuters 3w

During his return from talks with Chinese President Xi Jinping, U.S. President Donald Trump stated that Xi had recognized the need for Iran to reopen the Strait of Hormuz, although China did not commit to influencing Tehran, while Trump is contemplating lifting sanctions on Chinese firms buying Iranian oil amid escalating tensions and an ongoing oil supply crisis. #Iran #OilCrisis #InternationalRelations #US #CN #IR

Trump says Xi agrees Iran must open strait, China says war shouldn't have started
BBC 3w

As India's economy grapples with the fallout from the ongoing war in Iran, Prime Minister Narendra Modi has urged citizens to adopt austerity measures reminiscent of the pandemic era, warning of rising energy costs and their impact on the nation's finances, while expressing concerns over the demand for dollars outpacing supply and the potential long-term effects on the country's economic stability. #EconomicChallenges #GlobalMarkets #OilCrisis #IN #IR

Indian economy: Why Modi wants Indians to buy less gold and travel less

The truly worrying thing is that our standard forecasts did not assume an oil crisis, which is now coming 100%. Oil crisis scenario forecasts indicate a uniform, rapid, and steep collapse in the global business activity, whose depth rivals the 1970s oil crisis and the GFC, https://t.co/Iom1AIQepE #OilCrisis #GlobalEconomy #BusinessCollapse #Nospecificcountriesarementionedinthetweet.

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Reuters 3w

In a context of escalating tensions, U.S. President Donald Trump stated he does not require China's assistance to end the Iran war, while the conflict intensifies with Saudi Arabia launching airstrikes against Iran, Tehran expanding its control over the strategic Strait of Hormuz, and global oil supplies suffering significant disruptions, impacting various consumer goods prices. #MiddleEast #Iran #OilCrisis #US #CN #SA #IR #KW #IQ #PK #QA #BH #TR #UAE

The Gulf's lifeline is Iran's weapon
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Reuters 3w

Recent refinery attacks related to the wars in Iran and Ukraine have disrupted nearly 9% of global oil refining capacity, exacerbating a fuel supply crisis and causing crude prices to surge, with a recovery expected to take months even if hostilities cease. #OilCrisis #RefiningCapacity #EnergySupply #IR #UA #SA #KW #RU #NG

Iran, Ukraine wars deliver worst hit in years to oil refining output
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Reuters 3w

Amid escalating tensions in the Middle East, U.S. President Donald Trump insists he doesn't require China's assistance to resolve the Iran conflict, while Saudi Arabia conducts direct airstrikes against Iran for the first time and Tehran expands its control over the strategically vital Strait of Hormuz, significantly disrupting global oil supplies and impacting consumer prices worldwide. #MiddleEast #OilCrisis #IranWar #US #CN #SA #IR #KW #IQ #PK #QA #BH #TR #AE

The Gulf's lifeline is Iran's weapon
R
Reuters 3w

Recent refinery attacks linked to the wars in Iran and Ukraine have disrupted nearly 9% of global oil refining capacity, exacerbating fuel supply shortages and likely delaying recovery for months, as crude prices soar and refiners struggle to meet demand. #OilCrisis #RefineryCapacity #EnergySupply #IR #UA #SA #KW #RU #NG

Iran, Ukraine wars deliver worst hit in years to oil refining output
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Reuters 3w

Recent refinery attacks linked to the conflicts in Iran and Ukraine have resulted in a nearly 9% reduction in global oil refining capacity, exacerbating fuel supply issues and delaying recovery despite rising crude prices, with daily demand for liquid fuels remaining high and little potential for quick restoration of affected facilities. #OilCrisis #RefineryCapacity #GlobalEnergy #IR #UA #RU #SA #KW #NG

Iran, Ukraine wars deliver worst hit in years to oil refining output

(TR) The oil station Nurlino is burning about 22 km from Ufa, Bashkortostan, a key hub on the second route for pumping oil from Siberia. The first route was destroyed (oil station Perm). The intervention could stop or reduce the oil extraction from the Khanty-Mansiysk center of Siberian oil production for the war.

(TR) The law allowing the government to regulate fuel prices is just awaiting publication in the Collection of Laws. Thanks to it, measures against high fuel prices can continue in May and possibly in the following months as well. The crisis around the Strait of Hormuz is far from over!

BBC 3w

The article discusses Prime Minister Narendra Modi's recent speech addressing the potential crisis in crude oil supply in India due to the ongoing conflict in Iran, emphasizing the need for citizens to conserve fuel, avoid unnecessary purchases like gold, and prepare for challenging economic times, amid political debates about the government's handling of the situation and its impact on the populace. #India #OilCrisis #EconomicImpact #IN #IR #US #ID #MY #AR #BR

पंतप्रधान मोदींनी काटकसरीबाबत केलेलं आवाहन हा भारतीयांसाठी इशारा आहे का?
BBC 3w

The article discusses Prime Minister Narendra Modi's recent speech addressing the impending oil crisis in India due to the ongoing Iran conflict, urging citizens to conserve fuel, reduce imports of gold and edible oils, and prepare for challenging times ahead, while sparking a significant debate among experts, political leaders, and the public regarding the government's handling of the situation amidst upcoming assembly elections. #India #OilCrisis #EconomicImpact #IN #IR #US

पंतप्रधान मोदींनी काटकसरीबाबत केलेलं आवाहन हा भारतीयांसाठी इशारा आहे का?
BBC 3w

The article discusses the potential future crisis of crude oil in India due to the ongoing Iran conflict, highlighting Prime Minister Narendra Modi's recent speech urging citizens to conserve fuel, limit gold purchases, and prepare for economic challenges arising from this geopolitical situation, while also examining the reactions from experts, opposition leaders, and various social media perspectives on the government's handling of the issue. #OilCrisis #India #EconomicChallenges #IN #IR #US #ID #MY #AR #BR

पंतप्रधान मोदींनी काटकसरीबाबत केलेलं आवाहन हा भारतीयांसाठी इशारा आहे का?
BBC 3w

The article discusses the potential for a serious crisis regarding crude oil in India due to the ongoing Iran conflict, emphasizing Prime Minister Narendra Modi's recent speech in which he urged citizens to reduce their use of fuel, edible oils, and gold purchases while preparing for tough times ahead, leading to various discussions among experts, political leaders, and citizens regarding the government's handling of the situation amidst upcoming state elections. #OilCrisis #IndiaEconomy #FuelConservation #IN #IR #US

पंतप्रधान मोदींनी काटकसरीबाबत केलेलं आवाहन हा भारतीयांसाठी इशारा आहे का?
BBC 3w

The article discusses the potential upcoming crisis of crude oil in India due to the ongoing Iran conflict, highlighting Prime Minister Narendra Modi's recent speech urging citizens to conserve fuel, avoid gold purchases, and minimize the use of edible oils, while facing criticism from opposition leaders who claim the government is not managing the situation adequately and is shifting the burden onto the public. #OilCrisis #India #Leadership #IN #IR #US

पंतप्रधान मोदींनी काटकसरीबाबत केलेलं आवाहन हा भारतीयांसाठी इशारा आहे का?
BBC 3w

The article discusses potential implications for India amidst the ongoing Iran conflict, emphasizing Prime Minister Narendra Modi's recent speech urging citizens to conserve fuel and limit purchases of gold and edible oil, which has sparked a debate about the government's readiness to manage expected economic challenges, including rising oil prices and inflation, in light of the perceived failure to address these issues properly during election periods. #OilCrisis #India #IranConflict #IN #IR #US #AE #SE #NL #NO #IT #ID #MY #AR #BR

पंतप्रधान मोदींनी काटकसरीबाबत केलेलं आवाहन हा भारतीयांसाठी इशारा आहे का?
BBC 3w

In light of the potential oil crisis stemming from the ongoing Iran conflict, Indian Prime Minister Narendra Modi has urged citizens to conserve fuel, minimize foreign travel, and refrain from purchasing gold to preserve foreign currency, while this has sparked discussions among experts, leaders, and citizens regarding the government's handling of the situation amid upcoming assembly elections. #OilCrisis #IndiaEconomy #EnergyChallenges #IN #IR #US

पंतप्रधान मोदींनी काटकसरीबाबत केलेलं आवाहन हा भारतीयांसाठी इशारा आहे का?

🛢 Iran War Is Draining World’s Oil Buffer at an Unprecedented Pace - Bloomberg https://t.co/qQjFajWIOF https://t.co/xXT2SRUvR5 #IranWar #OilCrisis #GlobalEconomy #IR