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IEA Signals Oil Reserve Release Amid Iran War; UK Reopens CO2 Plant; Ireland Warns of Inflation

The International Energy Agency (IEA) is ready to release additional oil reserves following Japan's request, signaling further action amid Middle East tensions and the Iran war, which are expected to lead to higher energy and consumer prices. Ireland's Central Bank has warned that a severe energy shock from the Iran war could push inflation above 4% this year, while the UK government plans to invest £100m to restart a Teesside CO2 plant as a contingency measure.

25 Mar, 10:17 — 26 Mar, 06:00
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The Story

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Source Diversity

Source Diversity

Excellent (92/100)
17 sources33/33
Spectrum spread4/5 buckets covered25/33
Far L1
Far Left (1)
NYT
Left8
Left (8)
irish-timesinquirerBBCrte-newsindian-expressndtvAl Jazeeranewsbeast
Center4
Center (4)
Daily Star BDphilstar24urAP
Right4
Right (4)
Times of Indiaobservadorazernewsla-vanguardia
Far R
Geographic diversity12 regions34/34
India3Ireland2Philippines2US2UK1Bangladesh1Qatar1Slovenia1Portugal1Greece1Azerbaijan1Spain1

Sources

Showing 11 of 17 sources
APVery High2d ago

Top central banker thinks businesses may be quicker to raise prices due to Iran war - AP News

Top central banker thinks businesses may be quicker to raise prices due to Iran war  AP News

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BBCHigh1d ago

CO2 plant to reopen in Iran war contingency plan

The government will invest £100m to restart the Teesside site producing carbon dioxide, a key part of food and drink manufacturing.

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NYTMostly Factual2d ago

The Oil Price Shock Could Make Italian Ice More Expensive

Higher energy prices caused by the war with Iran could affect more than just prices at the pump for American consumers.

By Sydney Ember

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Al JazeeraMostly Factual2d ago

Protest in India over cooking gas crisis

Indian opposition parties have staged a protest over the shortage of cooking gas triggered by the war on Iran.

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irish-timesHigh1d ago

Irish consumers face rising costs as war in Iran threatens to escalate

ESRI and Central Bank issue concerning data in wake of fuel price rise

By Pat Leahy, Mark Weiss, Eoin Burke-Kennedy

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Times of IndiaMostly Factual2d ago

US-Iran war: Why India is facing an LPG crisis — explained in charts

India grapples with a severe cooking gas shortage, driven by Middle East conflict-induced import disruptions. Long queues and panic buying plague cities as supply chains strain. The government is prioritising household needs, cutting industrial allocations, while seeking to restore commercial supplies and urging a shift to alternatives like piped natural gas.

By KANCHAN YADAV

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rte-newsMostly Factual1d ago

Iran energy shock may lead to 4% inflation - Central Bank

A severe energy shock scenario caused by the Iran war could push inflation above 4% this year, according to the Central Bank.

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ndtvMostly Factual2d ago

India Does Not Have LPG Problem, It Has LOP Problem: Pralhad Joshi To NDTV

"If you look at our neighbours, they are having major issues. In India not even a single petrol pump is dry," Pralhad Joshi said.

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inquirerMostly Factual1d ago

Mountain Province tourism bracing for impact of rising fuel prices

BAGUIO CITY—Tourism in Mountain Province is taking a hit from the fuel shocks due to the conflict in the Middle East, which entered its 25th day on Wednesday. Gov. Bonifacio Lacwasan on Wednesday canceled the province’s annual Lang-ay Festival scheduled on April 6 to comply with President Marcos’ declaration of a state of national energy

By NewsPublish

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philstarMostly Factual2d ago

DA: Higher food prices possible

Food prices could rise as Middle East tensions affect logistics and input costs, particularly urea-based fertilizer, the Department of Agriculture said yesterday.

By Josiah Antonio

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Daily Star BDMixed2d ago

Iran war starts to hit global economy, surveys show - The Daily Star

Iran war starts to hit global economy, surveys show  The Daily Star

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Coverage Timeline

First report: la-vanguardia · 25 Mar, 09:45Full coverage: 17 · 20hWindow: 20h
Left-leaningCenterRight-leaning
la-vanguardia25 Mar, 09:45First to report

La AIE, preparada para liberar más reservas de petróleo “si es necesario” tras pedirlo Japón

azernews25 Mar, 10:05

IEA signals readiness to release more oil reserves amid Middle East tensions - AzerNews

newsbeast25 Mar, 10:12

Ο Διεθνής Οργανισμός Ενέργειας έτοιμος για νέα αποδέσμευση στρατηγικών αποθεμάτων πετρελαίου «εάν χρειαστεί»

AP25 Mar, 10:17

Top central banker thinks businesses may be quicker to raise prices due to Iran war - AP News

observador25 Mar, 10:43

Agência de Energia pronta para libertar mais reservas

4h later
24ur25 Mar, 14:46

Zadušil ključno tranzitno pot za gnojila: manj pridelka in višje cene

NYT25 Mar, 15:01

The Oil Price Shock Could Make Italian Ice More Expensive

Times of India25 Mar, 15:21

US-Iran war: Why India is facing an LPG crisis — explained in charts

philstar25 Mar, 16:00

DA: Higher food prices possible

Al Jazeera25 Mar, 16:36

Protest in India over cooking gas crisis

ndtv25 Mar, 16:53

India Does Not Have LPG Problem, It Has LOP Problem: Pralhad Joshi To NDTV

2h later
Daily Star BD25 Mar, 18:48

Iran war starts to hit global economy, surveys show - The Daily Star

2h later
indian-express25 Mar, 20:35

Disruption hits chemicals, steel, aluminium, textile, breweries

3h later
rte-news26 Mar, 00:00

Iran energy shock may lead to 4% inflation - Central Bank

2h later
BBC26 Mar, 01:51

CO2 plant to reopen in Iran war contingency plan

3h later
inquirer26 Mar, 05:02

Mountain Province tourism bracing for impact of rising fuel prices

irish-times26 Mar, 06:00Latest update

Irish consumers face rising costs as war in Iran threatens to escalate