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#oilcrisis

Ukraine is once again a victim of American strategic stupidity. You’ve triggered one of the biggest oil crises since World War II by starting a foolish war, and now you’re worried about the price of oil. #Ukraine #OilCrisis #AmericanPolicy #UA #US

The Grand Failure in the Middle East, Part II: The looming oil catastrophe. @VP https://t.co/bUheQDyp8Q #MiddleEast #OilCrisis #EnvironmentalImpact #IL #SA #QA #YE #SY #JO #EG #IQ

We’re getting ships hit every day now. The Western media - especially the financial media - does not report it. War propaganda and censorship is normal of course. But given that this is about oil this seems more like the late USSR telling its citizens there are no shortages. https://t.co/3cgpvgdGMT #WarPropaganda #MediaCensorship #OilCrisis #RU

It is becoming increasingly clear how this Hormuz mess plays out globally. It ain’t great! 🇺🇸🇮🇷🛢️ #Hormuz #GlobalImpact #OilCrisis #US #IR

There's an excellent piece by @chigrl on the state of the U.S. Strategic Petroleum Reserve. It is likely that issues there are behind the urgency to get oil flowing through the SoH. However, this is not a decision just for the U.S. @POTUS started something he cannot stop by https://t.co/EPKuCQmXJK #StrategicPetroleumReserve #OilCrisis #USTransport #US

Mick Wallace Jul 27

Saudi Armco Oil Facilities are burning, which could impact on the world Economy - how mad were Saudi to attack Sana'a airport and upset Yemen..? Did the US or Israel provoke Saudi to annoy Ansarallah..? https://t.co/kfnq1OldSK #SaudiArabia #OilCrisis #YemenConflict #SA #YE #US #IL

Looks like markets are starting to crack. Not clear if the Whale of Hormuz can prevent people seeing reality for much longer… 🛢️💥💥 https://t.co/tAb9780qeD #markets #WhaleOfHormuz #oilcrisis #IR #AE

Mika Aaltola Jun 12

Oil superpower Russia begging Belarus & Kazakhstan for more gasoline because Ukrainian drones keep hitting its refineries: Dear friends, we have the world’s largest oil reserves but please send us fuel, please. Zakharova really said that. 2026 is getting even wilder. #Russia #OilCrisis #UkrainianDrones #RU #BY #KZ #UA

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 May 16

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 May 16

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 May 15

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 May 14

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 May 14

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 May 14

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
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Reuters May 13

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 May 13

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

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. (translated)

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! (translated)