Increased US-Iran Tensions Expected After Iran's Mourning Period
Rystad Energy predicts increased tension with the US after Iran's mourning period concludes on July 9, suggesting Iran may adopt a tougher stance.
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World Bank Warns of Hunger Risk from Iran War
The World Bank's chief economist has warned of a significant risk of hunger stemming from a potential or ongoing war in Iran. Separately, estimates suggest that such a conflict could cause tens of billions of dollars in damage to Iran's energy infrastructure.
WorldReutersBBCbloomberg+57economistwsjFTThe GuardianAl JazeeraCNNFox Newsnrk+49 more4mo ago60 sources
Iran Rejects US Talks While White House Confirms Peace Plan Elements; Gold Holds Gain Amid Negotiations
Tehran has rejected reports of direct talks with the US, instead laying out its own terms to end the conflict, while the White House acknowledges 'elements of truth' to Washington offering a peace plan, further complicating ongoing back-channel diplomacy. Gold prices have held gains following reports of US negotiations aimed at ending the Iran War.
South America Could Boost Oil Production by 2.1 Million Barrels Daily with Sustained $100 Oil Prices
According to Rystad Energy, South America has the potential to increase its oil supply by up to 2.1 million barrels per day by the mid-2030s, provided that oil prices remain at $100 per barrel for an extended period.
Middle East War Fuels Economic Uncertainty, Billions in Potential Damage
The ongoing Middle East war is causing significant economic uncertainty for US businesses, with potential costs hitting consumers and an estimated $58 billion in damage to energy assets.
Smarkiai kyla naftos ir gamtinių dujų kainos
Ketvirtadienį po Irano smūgių svarbiam gamtinių dujų objektui Katare ir dviem naftos perdirbimo gamykloms Kuveite šoktelėjo pasaulinės naftos ir gamtinių dujų kainos.
Trump Issues Ultimatum to Iran as Hormuz Shipping Resumes
President Trump issued an ultimatum to Iran, threatening renewed bombing if a deal isn't reached by Wednesday, while Iran rejected his claims and reiterated threats to close the Strait of Hormuz if US blockades persist. European nations are also exploring options to secure shipping in the strait.
WorldFTtagesschauDW+18vgmorgunbladiddelfi-ltdelodennik-nThe Independentindex-hrYahoo+10 more4mo ago21 sources
Middle East War Fuels Global Energy Crisis, Economic Fears, and Oil Market Uncertainty
The ongoing Middle East war has significantly worsened German business sentiment, fueled inflation fears, and caused British consumer confidence to plunge, with global markets reacting to ceasefire prospects by sending oil prices soaring and stocks sliding. The conflict also contributes to a global energy crisis, pushing crude oil prices to $100 per barrel, and creates uncertainty for American oil drillers, potentially tempering supply increases.