The war in Iran is sending shockwaves through global energy markets that will be felt for years to come. The conflict is causing the single biggest oil supply disruption in history, as the closure of the Strait of Hormuz has caused a nine-day disruption of 20 percent of the world’s oil transports, more-than doubling the previous record set during the Suez crisis of 1956. But the war and its energy market impacts represent much more than just economic chaos – they are also the harbingers of serious and lasting human and environmental…

The world’s top crude oil and LNG importer, China, is not as exposed and vulnerable to energy deliveries from the Middle East as one might think. China has been amassing crude volumes in storage for months, it has been working for years to diversify oil and gas supply sources and routes, and has boosted the share of transport electrification, which has reduced demand for road transportation fuels. As the Middle East crisis choked off supplies via the world’s most critical oil and gas chokepoint, the Strait of Hormuz, China is more resilient…

An oil pipeline crossing the Canada-US border may be back on government agendas, as the proponent, South Bow Corp (TSX:SOBO), looks to revive the long-dead project. TC Energy (TSX:TRP) spun the oil pipeline component of its business out to South Bow in 2024 to concentrate on natural gas and power. The rationale for Keystone was a way to bring together booming US oil production, and to a lesser extent, production from the oil sands in Northern Alberta, to Gulf Coast refineries that were facing declining imports from Mexico and Venezuela. The project…

La Federación Nacional de Asociaciones de Empresarios de Hidrocarburos en Venezuela (Fenegas) alertó que la implementación del plan piloto de la gasolina Súper Premium de 97 octanos ha provocado un colapso en las ventas de las estaciones de servicio que participan en el programa. La organizaci...

Energy shocks rarely remain confined to energy markets. They propagate through bond markets, fiscal balances and inflation expectations, says Helen Thomas As Winston Churchill once warned: “The statesman who yields to war fever must realise that once the signal is given he is no longer the master of policy, but the slave of unforeseeable and uncontrollable events.” The conflict in Iran is already affecting global markets. Oil prices have surged, bond yields are rising and traders are rapidly reassessing the outlook for inflation and…

Desde el pasado fin de semana, portales internacionales y redes sociales han difundido la noticia del presunto fallecimiento de Iddo Netanyahu, médico y hermano del primer ministro de Israel. La información se viralizó acompañada de un video de una residencia en llamas, sugiriendo un ataque di...

The U.S.–Israel attacks on Iran and the Afghanistan–Pakistan conflict threaten Central Asia’s plans to establish southbound trade routes to markets in Asia and Africa. Military escalation between Afghanistan’s Taliban-led government and Pakistan threatens several emerging trade, transport, and energy corridors linking Central Asia to South Asia, the Persian Gulf, and global markets. Risks are both direct (insecurity along routes) and indirect (border closures, investor withdrawal, and partner-state reluctance). Pakistan…

EE.UU. enfrenta una creciente crisis logística tras el rechazo de sus aliados a las peticiones de ayuda de Trump en la guerra contra Irán. Mientras la guerra contra Irán entra en su duodécimo día, el Ejército estadounidense se enfrenta a una grave escasez de misiles de defensa aérea...

Los precios del petróleo cayeron con fuerza y las bolsas asiáticas y europeas repuntaban este martes tras la sugerencia del presidente estadounidense, Donald Trump, de que la guerra en Oriente Medio podría terminar pronto. Los inversores se apresuraron a reaccionar ante estos coment...

Oil markets are bracing for an even bigger potential price shock with Iran on Wednesday warning that crude could surge to $200 per barrel if the war involving the U.S. and Israel continues to destabilize the Middle East’s energy corridors. Ebrahim Zolfaqari, spokesperson for Iran’s Khatam al-Anbiya military command headquarters, warned the world to “get ready for oil to be $200 a barrel,” arguing that regional security has been destabilized by the ongoing bombing campaign against Iran.   The $200 oil price tag…

Intent on staying on Tehran’s good side, Armenia and Azerbaijan have both saluted the elevation of Mojtaba Khamenei to be Iran’s Supreme Leader. The congratulatory notes sent by Yerevan and Baku highlight the delicate geopolitical balance that both are trying to maintain amid the ongoing US-Israeli air campaign to cause the Islamic Republic’s collapse. Both Armenia and Azerbaijan share a frontier with Iran. Meanwhile, both are heavily invested in developing a US-backed trade corridor, known as TRIPP or the Trump Route for International…

No hay dudas que el compromiso entre

Saudi Arabia’s oil giant Aramco is requesting from Asian buyers to nominate crude loading plans for April for both its key export port in the Gulf and the export alternative on the Red Sea, multiple sources told Reuters on Wednesday. The crisis at the Strait of Hormuz has reverberated through global markets. With the Strait effectively blocked for tanker traffic, Saudi Arabia has diverted part of its crude oil exports from the Ras Tanura export terminal in the Gulf that needs free-flowing traffic through Hormuz to the Yanbu export port on…

La presidenta encargada de Venezuela, Delcy Rodríguez, encabezó desde el Palacio de Miraflores la graduación de 1.660 nuevos Médicos Integrales Comunitarios. Los profesionales se incorporarán de inmediato a la red asistencial nacional para robustecer la atención primaria y especiali...

El presidente de EE.UU., Donald Trump, anunció este martes en su cuenta de Truth Social la construcción de "la primera refinería de petróleo de EE.UU. en 50 años"...

Iranian drones struck oil storage facilities at the Port of Salalah in Oman on Wednesday, marking the latest attack on Gulf energy infrastructure as the regional war expands into a full-scale confrontation over global oil supply. Fuel storage tanks at the port were hit in the strike, according to maritime security firm Ambrey and Omani state media, though no merchant vessels in the area were damaged.OSINT account Visioner shared video footage of the oil storage facilities after the attack: ????????????BREAKING | A few minutes ago, Iranian drones…

Iranian drones struck oil storage facilities at the Port of Salalah in Oman on Wednesday, marking the latest attack on Gulf energy infrastructure as the regional war expands into a full-scale confrontation over global oil supply. Fuel storage tanks at the port were hit in the strike, according to maritime security firm Ambrey and Omani state media, though no merchant vessels in the area were damaged.OSINT account Visioner shared video footage of the oil storage facilities after the attack: ????????????BREAKING | A few minutes ago, Iranian drones…

El Instituto Nacional de Meteorología e Hidrología (Inameh) informó este martes que a partir del sábado 21 de marzo se presentará una declinación solar, hecho que provocará un aumento significativo de temperatura en el país. «Para el sábado 21 de marzo, un día después del equi...

The International Energy Agency (IEA) and its member nations have agreed to release a record 400 million barrels of oil from strategic reserves in an attempt to stabilize global energy markets as the war involving Iran continues to disrupt crude flows through the Strait of Hormuz. The coordinated action, announced Wednesday by the IEA, represents the largest emergency oil release ever organized by the group and only the sixth such intervention since the IEA was created following the 1970s oil shocks. The move comes as tanker traffic through the…

The International Energy Agency (IEA) and its member nations have agreed to release a record 400 million barrels of oil from strategic reserves in an attempt to stabilize global energy markets as the war involving Iran continues to disrupt crude flows through the Strait of Hormuz. The coordinated action, announced Wednesday by the IEA, represents the largest emergency oil release ever organized by the group and only the sixth such intervention since the IEA was created following the 1970s oil shocks. The move comes as tanker traffic through the…