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US-Israeli Attacks on Iran's Energy Infrastructure Continue; Gas, Airfares Spike Amid Price Gouging Warnings

US-Israeli attacks continue to hit Iran's energy infrastructure, rattling the global economy with rising electricity, gas, and air cargo prices. Following an Israeli attack on the South Pars gas field, Iran has halted natural gas exports to Turkey, further straining capacity and fuel costs, while Russia has seen its oil revenues increase significantly due to the conflict. Lawmakers are now warning of potential price gouging as gas and airfares spike, though experts point to supply shocks, with Trump's energy czar calling the gas spike a "temporary blip."

23 Mar, 22:23 — 24 Mar, 18:46
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naked-capitalismThe Independent
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Left (12)
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Sources

Showing 16 of 31 sources
Fox NewsMixed62d ago

Trump energy czar says Iran conflict gas spike is ‘temporary blip’ as drilling push ramps up

Despite the ongoing conflict in Iran, President Donald Trump’s “energy czar" Doug Burgum is confident the “temporary blip up" in gas and energy prices will come back down very soon.

Read full article →
Al JazeeraMostly Factual63d ago

Al Jazeera reports from scene of attack on Tehran residential area

Al Jazeera reports from scene of attack on Tehran residential area

Read full article →
cnbcMostly Factual62d ago

As Iran war causes gas and airfares to spike, lawmakers warn of price gouging — but experts point to supply shocks

With airfares and gas prices spiking, some lawmakers are warning of the potential for price gouging, even as experts point to extreme supply shocks.

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SCMPMostly Factual62d ago

Trump’s approval hits new 36% low as fuel prices surge amid Iran war, poll finds

US President Donald Trump’s approval rating fell in recent days to its lowest point since he returned to the White House, hit by a surge in fuel prices and widespread disapproval of the war he launched on Iran, a Reuters/Ipsos poll found. The four-day poll, which closed on ‌Monday, showed 36 per cent of Americans approve of Trump’s job performance, down from 40 per cent in a Reuters/Ipsos poll conducted last week. Americans’ views on Trump soured significantly with regard to his stewardship o...

By Reuters

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The IndependentMostly Factual63d ago

New Zealand to give cash payments to some families as US-Iran war deepens fuel crisis

Just 47 days of combined petrol, diesel and jet fuel stocks left in New Zealand

By Shweta Sharma

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YahooMostly Factual62d ago

Air Cargo Rates Jump 10% as Iran War Strains Capacity, Fuel Costs

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straits-timesMostly Factual63d ago

Iran media says energy infrastructure attacked - The Straits Times

Iran media says energy infrastructure attacked  The Straits Times

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irish-independent62d ago

How traders bet $500m on oil price just before Donald Trump announced delay to Iran attack

Traders bet half a billion dollars on the price of crude only 15 minutes before US President Donald Trump announced a five-day delay to attacks on Iran's energy infrastructure that sent the market plunging, exchange data and Reuters calculations showed.

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mainichi-englishMostly Factual63d ago

Tokyo stocks rise as Trump delays threatened strike on Iran - 毎日新聞

Tokyo stocks rise as Trump delays threatened strike on Iran  毎日新聞

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channel-news-asiaMostly Factual62d ago

Oil prices jump as Trump's Iran claims raise doubts

Oil prices jumped as traders worried a US-Iran deal to end the Middle East war may not happen, while US and European stocks stayed steady.

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rnzHigh63d ago

Air New Zealand cancels four return flights to Samoa as airlines call for clarity

The flights in April and May have been cancelled as jet fuel prices soar due to the conflict in the Middle East.

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zerohedgeLow62d ago

Futures Drop As Oil, Yields Rise On Relentless War Headline Ping-Pong

Futures Drop As Oil, Yields Rise On Relentless War Headline Ping-Pong Futures are lower but well off session lows, as overnight headlines induced another bout of aggressive choppiness: those headlines include strikes on Iranian gas facilities, Saudi and UAE considering entering the war, Iranian lawmaker ruling out US negotiations, and then reports of Iran / Egypt discussions on the region pointing toward mediation.As of 8:00am ET, S&P futures were down 0.2%, but moves are stagge...

By Tyler Durden

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naked-capitalismMixed63d ago

Iran War: US/Israel Attacks Near Iran Energy Infrastructure; Temporary TACO as Boots on the Ground Moves Continue? Postol on How Iran Nukes Israel in Retaliation and the Horrific Consequences; Gulf States Double Down on Loyalty to US

Today's Iran war update: Trump moves toward a ground attack as positions on all sides are hardening and the global economy bleeds out

By Yves Smith

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Tehran TimesLow63d ago

U.S.-Israel war on Iran: IUJ denounces attacks on journalist, media outlets - Tehran Times

U.S.-Israel war on Iran: IUJ denounces attacks on journalist, media outlets  Tehran Times

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myjoyonlineMixed62d ago

Oil traders bet millions minutes before Trump’s Iran talks post

Traders bet hundreds of millions of dollars on oil contracts just minutes before US President Donald Trump announced on Monday that the US would postpone strikes against Iranian energy infrastructure.

By Prince Adu-Owusu

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daily-mirror-lkMixed63d ago

Iranian media says energy infrastructure in the country attacked - Daily Mirror - Sri Lanka

Iranian media says energy infrastructure in the country attacked  Daily Mirror - Sri Lanka

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Coverage Timeline

First report: rnz · 23 Mar, 22:23Full coverage: 31 · 20hWindow: 20h
Left-leaningCenterRight-leaning
rnz23 Mar, 22:23First to report

Air New Zealand cancels four return flights to Samoa as airlines call for clarity

9h later
mainichi-english24 Mar, 07:25

Tokyo stocks rise as Trump delays threatened strike on Iran - 毎日新聞

The Independent24 Mar, 07:41

New Zealand to give cash payments to some families as US-Iran war deepens fuel crisis

Tehran Times24 Mar, 08:17

U.S.-Israel war on Iran: IUJ denounces attacks on journalist, media outlets - Tehran Times

Al Jazeera24 Mar, 08:38

Al Jazeera reports from scene of attack on Tehran residential area

daily-mirror-lk24 Mar, 08:43

Iranian media says energy infrastructure in the country attacked - Daily Mirror - Sri Lanka

1h later
straits-times24 Mar, 09:44

Iran media says energy infrastructure attacked - The Straits Times

newsbeast24 Mar, 10:00

Χτυπήθηκαν δύο ενεργειακές υποδομές, λέει το ιρανικό Fars μετά την αιφνιδιαστική ανακοίνωση Τραμπ για «πάγωμα» των επιθέσεων

n1-serbia24 Mar, 10:33

(VIDEO) Dirljiva scena iz rata: Dete spaseno iz oštećene zgrade u Teheranu

naked-capitalism24 Mar, 10:56

Iran War: US/Israel Attacks Near Iran Energy Infrastructure; Temporary TACO as Boots on the Ground Moves Continue? Postol on How Iran Nukes Israel in Retaliation and the Horrific Consequences; Gulf States Double Down on Loyalty to US

die-presse24 Mar, 11:05

Strompreise für Neukunden steigen durch Iran-Krieg

aktuality-sk24 Mar, 11:11

Izrael hlási masívne údery na Irán. Tvrdí, že od začiatku vojny zničil už viac než 3000 cieľov režimu

helsingin-sanomat24 Mar, 11:13

Iranin sota | Riskit talouden vakavaan häiriöön kasvavat euroalueella

1h later
zerohedge24 Mar, 12:35

Futures Drop As Oil, Yields Rise On Relentless War Headline Ping-Pong

Yahoo24 Mar, 12:38

Air Cargo Rates Jump 10% as Iran War Strains Capacity, Fuel Costs

naftemporiki24 Mar, 12:45

Γιατί ο πόλεμος στο Ιράν σπρώχνει τους δείκτες στην ευρωζώνη στην ύφεση και τον στασιμοπληθωρισμό

1h later
klix-ba24 Mar, 14:04

Rusija je veliki dobitnik zbog američkog napada na Iran: Prihodi od nafte porasli za čak 70 posto

index-hr24 Mar, 14:06

Rat u Iranu pogađa europske ekonomije

irozhlas24 Mar, 14:13

Záklasník: I když konflikt s Íránem skončí, ceny ropy a plynu hned neklesnou. Investoři se budou bát

der-standard24 Mar, 14:15

Auffällige Geschäfte am Öl-Markt vor Trumps Ankündigung

1h later
myjoyonline24 Mar, 15:21

Oil traders bet millions minutes before Trump’s Iran talks post

vg24 Mar, 15:44

– Usikre på hvor kronen skal

cnbc24 Mar, 16:03

As Iran war causes gas and airfares to spike, lawmakers warn of price gouging — but experts point to supply shocks

irish-independent24 Mar, 16:16

How traders bet $500m on oil price just before Donald Trump announced delay to Iran attack

faz24 Mar, 16:24

Über Terminkontrakte: Unbekannte wetten kurz vor Trump-Äußerung auf Ölpreis

observador24 Mar, 16:36

Pausa nos ataques evita escalada da guerra de energia?

danas24 Mar, 16:40

Jesu li Trampove neizgovorene reči uticale na cenu nafte

Reuters24 Mar, 17:12

Exclusive: Trump's approval hits new 36% low as fuel prices surge amid Iran war, Reuters/Ipsos poll finds - Reuters

channel-news-asia24 Mar, 17:48

Oil prices jump as Trump's Iran claims raise doubts

SCMP24 Mar, 18:06

Trump’s approval hits new 36% low as fuel prices surge amid Iran war, poll finds

Fox News24 Mar, 18:46Latest update

Trump energy czar says Iran conflict gas spike is ‘temporary blip’ as drilling push ramps up