#energy-supply-shock

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US politics
fromFortune
3 days ago

Trump just put Republicans' hold on the Senate at risk while sending the national debt higher, Morgan Stanley says | Fortune

Trump's bombing of Iran closed the Strait of Hormuz, causing oil to surge above $100 per barrel and triggering inflation concerns that could cost Republicans Senate seats in midterm elections.
World politics
fromwww.aljazeera.com
6 days ago

Could the US-Israel war with Iran fuel global inflation?

US-Israel conflict with Iran causes major energy supply shock, closing Strait of Hormuz and disrupting global oil markets with widespread economic consequences.
from24/7 Wall St.
1 week ago

Iranian Strikes on Qatar Sent Oil Surging 8% and USO Along With It

Today, the geopolitical pressure that has been building since January has become an active supply crisis, and now that Iranian drone strikes are hitting QatarEnergy's facilities at Ras Laffan and Mesaieed, forcing a full halt of LNG production. Saudi Aramco's Ras Tanura refinery shut down as a precaution, all while Brent crude jumped 8% on the day.
World news
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