Oil seen at USD 190 per barrel by May if Hormuz isn’t reopened – analysis
As much as USD 3.5 trillion of global GDP is at risk in case of a prolonged Hormuz closure, which would also imply an oil price spike, SolAbility found
US temporarily lifts sanctions on Russian oil purchases
The United States has authorized the purchase of Russian oil and petroleum products already at sea until April 11
Governments in Southeastern Europe launch measures to contain fuel price surge
In light of the Iran war, several Balkan countries have moved to ease the jump in fuel prices
Threat of mass exodus as desalination plants targeted in Gulf countries, Iran
The Iran war could heavily disrupt the water supply in the region, and desalination plants in particular, alongside environmental disasters
Panic in fossil fuel markets as oil, gas prices spike 30% amid Iran war
Oil and gas prices skyrocketed at the start of trading, over fears of a prolonged supply disruption from the attack by the United States and Israel on Iran
Fans boost Formula 1’s carbon emissions to over one million tons
Carbon-tracking software provider Greenly says that Formula 1's actual footprint includes emissions generated by spectators
Oil and gas prices keep rising as Iran threatens key transit route
Natural gas in Europe jumped to more than EUR 65 per MWh, while Brent crude oil rose to over USD 85 a barrel
Iran war sends oil, natural gas prices skyrocketing
The US-Israeli attacks on Iran and its response against countries in the Middle East have pushed up oil and gas prices