Search results for tag #oil
The #Pentagon now reports over 600 #casualties in Trump’s #IranWar. Officials quietly added over 140 wounded & restored 4 killed to database.
#TrumpsWar #US #Iran #war #ForeverWars #Trump #WarCrimes #RegimeChange #RulesOfWar #InternationalLaw #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #economy #inflation #affordability #CostOfLiving #oil #energy #EnergyCrisis
https://www.cnn.com/2026/07/26/politics/iran-war-casualties?cid=ios_app
" ‘Early in the war, if an Iranian missile launcher was struck by U.S. forces, it would take Iran 15 hours to make it operational again. Now, they are able to fire missiles at U.S. bases in less than 30 minutes’ – The Telegraph"
#NACHO #TACO #Trump #China #Ukraine #News #Politics #Nato #War #ww3 #Military #Russia #USA #Escalation #Europe #EU #Iran #Israel #Pakistan #Alliance #Asia #Africa #Oil #Houthi #RedSea
🗨️ In #germany, heating #oil prices have doubled; you now pay 155 EUR for 100 liters (..) It remains to be seen how much longer the peoples of #europe will believe the #EU propaganda claiming that #iran or #yemen - rather than the #USA, are the aggressors - #MoU #ceasefirescam
Furthermore, no one seems to care about what happens to the international #waters we are so recklessly endangering with our surging market trends and willing instruments of #war
🟡 Threat | 8/10
🇮🇷
Iran threatens to block regional oil exports
Iranian Parliament Speaker Ghalibaf warned that if Iran cannot export oil, no country in the region will, threatening security in the Strait of Hormuz.
From Pew Research, “Most electricity still comes from burning fossil fuels. But a growing share comes from wind and solar power. Worldwide, 57% of all electricity generated in 2025 came from burning coal, gas or other fossil fuels, down from 65% in 2000.”
#power #solar #wind #electricity #oil
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Fossil fuels still dominate globally, but renewable sources are growing.
Graph - % of global electricity generated from each source
Here’s what #TheCounteroffensive is #Reading today:
#ukraine launched about 400 #drones into the #Moscow region.
A major #logistics complex, an #oil depot in the Moscow Region and several other #facilities were affected.
#oil #OilCrisis #energy #Iran #USPol #USWar #IranWar #StraitOfHormuz #ClimateChange #war #COVID
"Solar power is sheltering Europe from the crippling costs of fossil fuel imports, as the war on Iran continues to keep oil and gas prices sky-high."
"This heatwave was brought to you by Teboil!"
Yeah, that'll work, lets start doing that 😂
#Heatwave #Heatwaves #Oil #ClimateChange #Memes
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Four panel meme with drawing of a woman looking unhappy and happy with a text.
Unhappy: Naming heatwaves after mythical creatures of hell
Happy: Naming heatwaves after oil companies
Have the Iranian's overplayed their hand in truing to make the Strait of Hormuz a political asset & income generator?
The 'closing' of the Strait, attacks on shipping & imposition of fees for transit have led to an expansion of projects to reduce the use of the Strait.
The latest is a new proposal from the UAE to build a port on its east coast to allow shipments to avoid the Strait altogether using road to move important & exports past the Strait.
#MiddleEast #politics #shipping #oil
h/t FT
#oil question. The USA is selling off their Strategic Petroleum Reserve with the stock at its lowest point since 1983.
I can't figure out how common this is. Are other countries currently doing the same thing?
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCSSTUS1&f=W
[#TRADESHOW] 2026 #Chengdu #International #Petroleum & #Chemical #Technology and #Equipment #Exhibition will be held from September 21 to 23, 2026, at Chengdu Century City New International #Convention and #Exhibition #Center. As a major petroleum and chemical technology #trade #show in Southwest# China, the #event serves as a #B2B #business #platform for #oil and #gas equipment, petrochemical technology, #pipeline engineering, and #industrial solutions across #sectors. https://cnbusinessforum.com/event/2026-chengdu-international-petroleum-chemical-technology-and-equipment-exhibition/
[#TRADESHOW] 2026 #Chengdu #International #Petroleum & #Chemical #Technology and #Equipment #Exhibition will be held from September 21 to 23, 2026, at Chengdu Century City New International #Convention and #Exhibition #Center. As a major petroleum and chemical technology #trade #show in Southwest# China, the #event serves as a #B2B #business #platform for #oil and #gas equipment, petrochemical technology, #pipeline engineering, and #industrial solutions across #sectors. https://cnbusinessforum.com/event/2026-chengdu-international-petroleum-chemical-technology-and-equipment-exhibition/
[#TRADESHOW] 2026 #Chengdu #International #Petroleum & #Chemical #Technology and #Equipment #Exhibition will be held from September 21 to 23, 2026, at Chengdu Century City New International #Convention and #Exhibition #Center. As a major petroleum and chemical technology #trade #show in Southwest# China, the #event serves as a #B2B #business #platform for #oil and #gas equipment, petrochemical technology, #pipeline engineering, and #industrial solutions across #sectors. https://cnbusinessforum.com/event/2026-chengdu-international-petroleum-chemical-technology-and-equipment-exhibition/
NEW: Oil companies are blasting millions of gallons of toxic waste underground each year — less than a half-mile from Enid, Oklahoma’s water wells.
But to protect their city, officials must appeal to the state agency that created the problem.
https://www.propublica.org/article/enid-oklahoma-oil-gas-pollution-water-protections?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
#News #Oklahoma #Oil #Gas #Environment #Pollution #Water #Regulation
"Earthquakes:🚨have exposed the toll of years of #corruption, inst dismantling & the abandonment of Venezuelan citizens by their state.
This crisis is as much a🚨#tragedy of authoritarian rule as it is: of nature. #Venezuela’s nat disaster: unavoidable, but the devastation it has left in its wake was not.
Trump admin’s "stabilization plan for VZ" *charted out the C’s econ & pol recovery after years of dictatorship:🚨unlikely..."
Trump's #plundering their #oil‼️
#ETTD #USPol
https://www.nytimes.com/2026/06/30/opinion/venezuela-earthquake-tragedy.html?unlocked_article_code=1.uFA.65-_.oKVybZAWXgBj&smid=nytcore-ios-share
NEW: For decades, oil companies have funded universities’ research into climate change “solutions” that would not require the public to stop using oil and gas.
Carbon capture is one of their favored ideas.
One snag: It won’t fix the climate crisis.
https://projects.propublica.org/why-carbon-capture-cant-solve-climate-change/?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
#News #Climate #ClimateChange #Oil #Gas #Environment #Research #Science #Academia
The earthquakes are the latest blow to a country that has experienced extraordinary upheaval in recent years. In January, #US forces deposed & captured #NicolásMaduro, the fmr Venezuelan leader who oversaw an economic collapse & efforts to consolidate #authoritarian rule during his time in office.
Since then, the #Trump admin has seized control over Venezuela’s #oil industry, turning the country into something resembling a #VassalState.
For decades, #bigOil companies have funded universities’ research into climate change “solutions” that would not require the public to stop using oil and gas.
Carbon capture is one of their favored ideas.
One snag: It won’t fix the climate crisis. There's no place to bury their pollutants. You can't feed all of it to forests and to mushrooms and to oceans; not by a long shot; no matter how badly Big Oil corrupts #higherEd & #research #science
Why Carbon Capture Can’t Conceivably Solve The Climate Collapse
https://projects.propublica.org/why-carbon-capture-cant-solve-climate-change
#News #Climate #ClimateChange #Oil #Gas #Environment #colleges #Academia #plutocracy #corruption #panicide
Whiny little worm #Trump berates #Senate #Republicans during his visit to the Capitol over their vote to block the #IranWar.
This is a #democracy moron. You may not act unilaterally nor without reason.
#idiocracy #kakistocracy #unfit #TrumpsWar #US #Iran #law #Congress #WarPowers #geopolitics #NationalSecurity #economy #inflation #affordability #CostOfLiving #oil #energy #EnergyCrisis
https://apnews.com/article/trump-capitol-republican-senators-968c1454ede461d2db413790670c07df
Australia has refused to release internal papers about a trust fund for a climate-vulnerable Pacific nation, saying the documents could inflict diplomatic "damage." https://www.japantimes.co.jp/environment/2026/06/23/climate-change/tuvalu-climate-fund-report-damage/?utm_medium=Social&utm_source=mastodon #environment #climatechange #australia #tuvalu #climatechange #oceania #environment #coal #gas #oil
“Hello?” a voice said on the other end of the line. This time, the president had picked up.
“I’m writing a story about a big supporter of yours in the oil industry, Jeff Hildebrand,” I said. “Can I ask what you think about him?”
https://www.propublica.org/article/propublica-called-trump-hildebrand?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
"Graph of #StraitOfHormuz crossings since June 2025. See that little spike all the way on the right? The one that's much lower than the leftward 2/3 of the graph, and immediately crashes back down?
That's what the US #government and quite a bit of US #media tell us is fully open, with normal traffic."
-Nicholas Grossman
#Iran #War #DonaldTrump #Trump #GOP #Politics #Oil #Shipping #News #Press #US #USA #World
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A graph showing the Strait of Hormuz tanker vessel crossings. The left side of the chart showing the period before Trump started his completely unnecessary war in Iran shows crossings between 50 and 90 per day. After Trump started his stupid war, there are around 3 crossings per day. On the far right of the chart, there is a tiny blip upward of about 15 crossings per day, which immediately drops back down to about 3.
Source for chart: Bloomberg
#US temporarily lifts #sanctions on #Iran #oil
The #Trump admin is temporarily lifting sanctions on the sale of Iranian oil, following through on one of the key commitments made in its extended #ceasefire agreement.
The 60-day waiver issued Monday came on the heels of negotiations in Switzerland over the weekend between the US & Iran, which US #Treasury Secretary Scott Bessent characterized as “productive talks.”
#idiocracy #kakistocracy #TrumpsWar #IranWar #NationalSecurity #economy
“If any part of these understandings, any part of these commitments, is not implemented, then the memorandum of understanding as a whole will be jeopardized,” Bagahei said.
Ships had begun transiting the strait after the interim #US – #Iran agreement was signed earlier in the week.
As of now the #StraitOfHormuz is once again closed.
#TrumpsWar #IranWar #Israel #Lebanon #war #ForeverWars #Trump #Netanyahu #RulesOfWar #law #geopolitics #NationalSecurity #MiddleEast #economy #oil #EnergyCrisis
Good morning to #readers. #Oil #prices are at $79.2 per #barrel (+8.7% compared to pre-war levels).
The U.S. banned #Iran's #team from training on its #soil, so they set up base in #Mexico instead. But for Art, an Iranian-Mexican #superfan it was a dream come true.
https://www.iranwar.news/p/tijuana-embraces-iran-world-cup-team
[#TRADESHOW] 2026 #Chengdu #International #Petroleum & #Chemical #Technology and #Equipment #Exhibition will be held from September 21 to 23, 2026, at Chengdu Century City New International #Convention and #Exhibition #Center. As a major petroleum and chemical technology #trade #show in Southwest# China, the #event serves as a #B2B #business #platform for #oil and #gas equipment, petrochemical technology, #pipeline engineering, and #industrial solutions across #sectors. https://cnbusinessforum.com/event/2026-chengdu-international-petroleum-chemical-technology-and-equipment-exhibition/
#Trump admits why he unconditionally surrendered to #Iran:
"Also we run out of [oil] reserves in about four weeks.... We would really run out, and there'd be a time when you wouldn't be able to get it..."
https://xcancel.com/karaokecomputer/status/2067311722130768086
Trump has done more to promote Green Energy than everyone who actually *wants* to promote #GreenEnergy by teaching Iran that Iran can get whatever it wants by holding the #StraitOfHormuz hostage.
#DonaldTrump #War #GOP #Politics #Oil #Gas #Energy #News #Press #US #USA
NEW: Trump Plans to Protect Methane-Leaking Stripper Wells. This Billionaire Donor Will Benefit.
Oil tycoon Jeffery Hildebrand gave millions to Donald Trump’s 2024 election campaign. He is set to reap a financial windfall as the EPA moves to weaken restrictions on wells like his that produce very little energy but release vast amounts of methane.
https://www.propublica.org/article/trump-epa-methane-jeffery-hildebrand-hilcorp-oil-regulations?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
#News #Oil #Climate #ClimateChange #Methane #Trump #EPA #Gas #Regulation #Environment
From @michaeljanz.bsky.social "Mayors, councillors and local elected leaders from across #Canada gathered in Edmonton last week to urgently call for achievable, job-creating federal #climateaction, paid for by an #ExcessProfitsTax on #oil and #gas companies. The summit [called] for federal investments in projects that cut pollution while protecting communities and strengthening the Canadian economy. I fully support the call for an excess profits tax, and so do Canadians from all regions and all age groups."
#elbowsupforclimate
https://elbowsupforclimate.ca/support/
#Trump threatens to take 'total control' of Iran's #oil industry as made-up #ceasefire teeters
Trump said in a social media post that the #US would hit #Iran “VERY HARD TONIGHT” & would “assume total control” of Iran’s oil & #gas industries, including the key #KhargIsland oil terminal, in the “not too distant future.”
#TrumpsWar #IranWar #ForeverWars #WarCrimes #RulesOfWar #InternationalLaw #law #Congress #WarPowers #NationalSecurity #economy #inflation #CostOfLiving
https://apnews.com/article/iran-us-ceasefire-hezbollah-israel-11-june-2026-3c2c6d356a1e25b4d7edf66b2edba57d
ok, this is not an oil company saying it now, it is rystad, the most prestigious energy market analysis firm on earth.
https://www.rigzone.com/news/rystad_warns_oil_may_climb_towards_150-11-jun-2026-183901-article/
The US–Israel war on Iran is driving up fuel, food and transport costs, exposing how dangerously dependent we still are on oil and gas.
Here are six radical, practical ideas to protect people from the Iran energy shock and finally break that dependence 👇
#fossilflation #war #oil #us #iran
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Greenpeace International article screenshot - 10 June 2026 by Mehdi Leman
Six radical ideas we need right now to end fossil fuel dependence and protect people from the war on Iran price shock
How the war on Iran fuels an energy shock and cost of living crisis
It has been 100 days since the US and Israel launched their attacks on Iran on 28 February 2026, throwing the region into deeper violence and pushing up fuel, food and transport costs around the world. This war is a human tragedy that is deepening a global cost of living crisis in a world still dangerously dependent on oil and gas.
This blog sets out six concrete policy ideas governments can implement now to protect people from the Iran energy shock and accelerate the shift away from fossil fuels.
NEW: An Indian Billionaire Was Targeted by Trump. Then He Poured Money Into a Startup Secretly Backed by Donald Trump Jr.
An obscure Texas firm secretly connected to the president’s son said it received at least $100 million from Mukesh Ambani’s Reliance Industries.
At the same time, the Ambani family secured major policy wins from the Trump administration.
https://www.propublica.org/article/trump-ambani-reliance-industries-america-first-refining-texas
The world’s largest banks
committed💥 $906 billion
in financing to the fossil fuel industry last year,
-- an “unfathomable” increase in investment
locking in years more of #coal, #oil and #gas production
as the world continues to overheat, a new report has found.
The surge in new fossil fuel lending, up 💥$64bn or nearly 8% on 2024,
shows that the world’s largest
⭐️65 banks are making decisions incompatible with international agreements to restrain rising global temperatures,
according to the coalition of environmental groups behind the new analysis.
#JPMorgan #Chase is again the world’s leading financier of fossil fuels,
according to the annual "Banking on Climate Chaos" report,
after pushing $58bn to the sector last year – up 13% from 2024.
#Bank of #America committed the second largest amount to fossil fuels last year,
followed by Japanese banks #MUFG and #Mizuho Financial.
#Citigroup, another US bank, rounds out the top five,
with #Barclays, at number eight, the highest placed British bank.
https://www.theguardian.com/environment/2026/jun/09/world-banks-pledge-billions-fossil-fuel-industry-2025?CMP=Share_iOSApp_Other
another banger from my ex tankie ex comerade art. when he writes about his stuff he's locked in. (sorry for the AI)...
https://www.artberman.com/blog/hormuz-a-logistics-crisis-not-yet-an-inventory-crisis/
this so much
#oil #iran #energy #energycrisis
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A four-panel black and white comic strip featuring stick figures. In the first panel, a stick figure points to a graph with a horizontal axis labeled "TIME" and a vertical axis labeled "THINGS:", where a line moves from "GOOD" toward "BAD" with text: "HERE'S THE SITUATION: THIS LINE IS HERE. BUT IT'S GOING UP TOWARD HERE." The second panel features three stick figures and the text, "SO THINGS WILL BE BAD? UNLESS SOMEONE DOES SOMETHING TO STOP IT. WILL ANYONE DO THAT? ...WE DON'T KNOW. THAT'S WHY WE' WE'RE SHOWING YOU THIS." The third panel depicts two stick figures with the text, "SO YOU DON'T KNOW, AND THE GRAPH SAYS THINGS ARE NOT BAD. BUT IF NO ONE ACTS, THEY'LL BECOME BAD." The fourth panel shows three stick figures with the text, "WELL, PLEASE LET ME KNOW IF THAT HAPPENS! BASED ON THIS CONVERSATION, IT ALREADY HAS."
Good morning to readers; #Oil #prices are at $93 per #barrel (+28.3% compared to pre-war).
As #Iran disappeared behind an #internet #blackout, one #bus station in #Armenia became one of the few #windows into life in Iran. Alessandra spent the last 3 months #reporting from the bus station.
https://www.iranwar.news/p/bus-station-stakeouts-how-we-find
Video - 6 Lies Trump and Rubio Are Telling You About the “Cuban Threat”
https://peertube.world/w/w8GVWrZqzJmy98HvZB9Hcw
Duration - 9:17
[a #video about #Cuba from the #news collective #BellyOfTheBeast]
Donald #Trump has justified economic warfare against Cuba, including the #oil #blockade, in the claim that the island somehow represents a national emergency for the #US.
From drones to Chinese and Russian spy bases to Hamas and Hezbollah, Trump and #MarcoRubio have thrown the kitchen sink at Cuba to portray it as a national security threat.
BotB journalist Liz Oliva Fernández debunks six of the reasons the Trump administration has given to claim that a small island of 10 million people is threatening the most powerful country in the world.
#NoWarOnCuba
#OilForCuba!
#CubaIsNotAlone
#EndTheBlockadeEmbargo
#CubaSolidarity
#LetCubaLive
#EndSanctionsAgainstCuba #OffTheList
#CubaNoEstáSola
#VivaCuba #CubaSí #AbajoElBloqueo #SolidaridadConCuba
#PetróleoParaCuba
#LatinAmerica #Caribbean
politics #USpol
Democratic Sen #TimKaine of Virginia pressed #Rubio on why the #US #military’s targeting criteria for attacking alleged drug #boats in Latin American waters DO NOT INCLUDE DRUGS ON THE BOAT. Kaine described it as “odd” before adding that he can’t share much more because the targeting criteria are classified.
#law #Trump #Congress #WarPowers #criminal #murder #WarCrimes #ExtrajudicialKillings #Venezuela #oil #theft #piracy #InternationalLaw
Good #morning to #readers #oil #prices stand at $91 per #barrel (+26% compared to pre-war).
War-driven #medicine supply chain #disruptions are threatening the lives of #iranians .
When Samira saw her #pills were in low supply, she left #Iran - a decision off-limits for many Iranians.
https://www.iranwar.news/p/iran-war-sparks-life-saving-medicine
Of course, "The #FossiFuel industry is really winding up the scare campaign in the face of increasingly urgent calls to accelerate the switch from #coal, #gas and #oil to a #CleanEnergy future."
They're telling lies, trying to cover up the fact that we're living the dystopia today, burning stuff that causes asthma, cancer, wildfires and floods.
#ClimateDisinformation
https://reneweconomy.com.au/no-meat-no-choice-oil-giant-shells-dystopian-view-of-a-net-zero-world-free-of-fossil-fuels/
The government has no official records of meetings that top civil servants held with senior figures and clients from Peter Mandelson’s lobbying firm last year, including an undeclared meeting with oil giants and private equity firms.
#Mandelson #Oil #Gas #Labour #UKPolitics
‘No records’ from meetings between top officials and Mandelson’s lobbying firm
https://www.opendemocracy.net/no-records-from-meetings-between-top-officials-and-mandelsons-lobbying-firm/
Following the 1901 #DArcyConcession, in which the #Qajar dynasty of #Iran sold all the (potential) oil to be found in the country in exchange for 16% of the profits, a dash to find #oil deposits led to the first major #OilStrike in the #MiddleEast, on #ThisDayInHistory in 1908.
Monday, #Trump called on the leaders of numerous countries to join the #AbrahamAccords, a set of treaties aimed at normalizing relations with #Israel, as part of the settlement he is attempting to negotiate with #Iran. Trump said on social media that Saudi Arabia & Qatar should sign first, with Pakistan, Turkey, Egypt & Jordan following.
#TrumpsWar #IranWar #US #war #ForeverWars #RulesOfWar #law #Congress #WarPowers #geopolitics #MiddleEast #economy #CostOfLiving #oil #energy #EnergyCrisis
A part of Trump’s extremely long & weird post:
“I am mandatorily requesting that all Countries immediately sign the Abraham Accords, and that, if Iran signs its Agreement with me, as President of the United States of America, it would be an Honor to have them also be part of this unparalleled World Coalition.”
#TrumpsWar #IranWar #US #Iran #Israel #war #ForeverWars #Trump #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #economy #inflation #oil #energy #EnergyCrisis
#US & #Iran Agree “In Principle” to Reopen #StraitOfHormuz, US Official Says
The official said Iran had also agreed to dispose of highly enriched #uranium, but stressed that a deal had not yet been signed. US & Iranian officials have described the terms differently.
#TrumpsWar #IranWar #Trump #WarCrimes #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #economy #inflation #affordability #CostOfLiving #oil #energy #EnergyCrisis
https://www.nytimes.com/live/2026/05/24/world/iran-war-trump?smid=nytcore-ios-share
The senior #US official said the proposal would reopen the #StraitOfHormuz in the Persian Gulf — a critical waterway for global #oil & #gas — & see #Iran commit to disposing of its stockpiles of highly enriched #uranium. The mechanism by which Iran will dispose of its highly enriched uranium is still being negotiated, the official said. #Trump has insisted that the #UnitedStates seize the material as part of his vow to curb Iran’s nuclear program.
In 2025, China imported about 11 million bbl/day of oil. This is predicted to halve by 2050.
Creating a way for ~10% of that oil to come from Alberta is sound economics for Alberta and Canada.
Replacing ~ 1million bbl s/day with Alberta oil does not increase Chinese or Alberta GHG’s. China decides how much oil to use and using Canada as a supplier maintains the environmental status quo …
#oil #Alberta #environment #canada
The Drive: Second Automaker Sounds Alarm Over Dwindling Motor Oil Stock
How can an oil crisis trigger a shortage of synthetic motor oil? The answer is "base stock."
https://www.thedrive.com/news/second-automaker-sounds-alarm-over-dwindling-motor-oil-stock
"Nearly 80 countries have now introduced emergency measures to protect their economies as the world approaches a new, more dangerous phase in the energy crisis driven by the Iran war.
Governments are stepping up their responses ahead of a looming tipping point, when traders warn that oil prices could jump again sharply unless more fuel trapped in the Gulf can be exported through the blockaded Strait of Hormuz.
Paul Diggle, chief economist at fund manager Aberdeen, said his team was now examining a scenario where Brent crude rockets to $180 a barrel, causing surging inflation and recessions in a host of European and Asian countries.
“We are taking that outcome very seriously,” he told the FT, adding that it was not yet his base case. “We are living on borrowed time.”
Demand for air conditioning and holiday travel at the start of the northern hemisphere’s summer will put further strain on supplies of crude oil, gasoline, diesel and jet fuel, when global stocks are already falling at the fastest rate on record."
https://www.ft.com/content/f636f726-b185-4f6a-91d2-75ea3d1b9beb?syn-25a6b1a6=1
ASEAN's muted response to the Gulf crisis exposed how internal divisions, institutional limits and pressure from rival powers have left the bloc focused on economic survival rather than diplomatic leadership. https://www.japantimes.co.jp/commentary/2026/05/17/world/asean-choses-silence-amid-gulf-crisis/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #asean #philippines #cebu #middleeast #us #iran #straitofhormuz #indopacific #oil #indonesia #malaysia #singapore #china #myanmar #thailand #trade #globaleconomy #asianeconomy
U.S. Treasury Secretary Scott Bessent announced another extension of a sanctions waiver allowing purchases of Russian seaborne oil to aid "energy-vulnerable" countries hit by the Iran war. https://www.japantimes.co.jp/news/2026/05/19/world/politics/us-sanctions-waiver-russian-oil/?utm_medium=Social&utm_source=mastodon #worldnews #politics #scottbessent #us #donaldtrump #middleeast #iran #straitofhormuz #oil #russia #g7
An Oklahoma family was forced to abandon their home after it filled with slick, black goo, reaching gas concentrations at explosive levels.
Despite ample evidence of oil and gas pollution, state regulators say they cannot help.
https://www.propublica.org/article/oklahoma-oil-regulators-fort-gibson-meredith-family?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
#News #Oklahoma #Oil #Gas #Energy #Environment #Pollution #Family #House
#News OF THE DAY
#US LET #RUSSIAN #oil #sanctions WAIVER EXPIRE WITHOUT RENEWAL: The waiver permitting #purchases of Russian oil stranded at #sea expired at 12:01 a.m. Eastern Daylight Time on May 16 without renewal.
Okay, if this is real, this is worse than I was expecting. I've been thinking about secondary outputs but I've been thinking way more about plastics, inks, other secondaries.
I have been worried about products shortages but maybe not enough. I am and have been assuming that there will be preferential distribution to corporations (which obviously includes most freight) and least preference given to individuals trying to do their own work themselves - e.g., like RAM over the last several months. But I haven't thought about the price side of that.
And holy shit it's gonna get fugly.
So, uh, yeah.
Maybe buy an ebike. Maybe make some plans.
https://bsky.app/profile/carlquintanilla.bsky.social/post/3mly43udoqk2c
#oil #OilPrice #IranWar #fascism #economy
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AUTOZONE
*PENDING STORE-WIDE TRAINING*
TO: ALL SOUTHEAST REGION TEAM DISTRICT, PARTS, AND STORE MANAGERS
SUBJECT: HOW AUTOZONE WILL NAVIGATE THE IMPENDING SUPPLY SHORTAGE OF PCMOs (MOTOR OIL), HDEOS (DIESEL ENGINE OIL), AND SPECIALTY FLUIDS
Team,
When speaking about unusual or historic supply chain disruptions, it's common for those of us who have been in the business for a moment to reference situations from decades ago. But the truth is, if you've been with us for even a year, you've already worked through one major supplier loss and related re-branding.
If you've been with us for just a bit longer, you worked through one of the most difficult reshuffling of inventories and changes in sales flow in our company history during COVID.
That's why I'm not worried by what we're facing today. Preparation and the dedication of every one of our team members will see us through this just as you all did before.
So what new challenge are we facing?
In the interest of total transparency there's zero benefit in mincing words:
Due to the unfolding situation in the Middle East, we're facing the largest supply shortage of lubricating fluids in the modern history of America.
Realistic, middle-of-the-road estimates are for our average available supply in this product category to drop by 40%.
#Senate rejects bill to halt #IranWar despite lawmakers’ growing frustrations
It was the first such vote since a deadline passed for the #Trump admin to seek #Congress’s approval to continue the military campaign.
#TrumpsWar #US #Iran #Israel #war #ForeverWars #WarCrimes #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #economy #inflation #affordability #CostOfLiving #oil #energy #EnergyCrisis
https://www.washingtonpost.com/national-security/2026/05/13/senate-rejects-bill-halt-iran-war-despite-growing-frustrations/
Spiritless summer: Americans feel squeeze of costly fuel amid busy travel season https://www.theguardian.com/us-news/2026/may/09/travelers-feel-squeeze-summer-travel-iran-war-fuel #UsNews #Business #Travel #UsisraelWarOnIran #Oil #AirTransport #Money #TrumpAdministration
Exclusive: Oil-price bets ahead of #IranWar news totalled $7B, reporting shows
A series of “well-timed” #market bets on falling #oil prices totalling as much as $7 billion during March & April spread across multiple exchanges & types of #fuel & derivatives just before major Iranian policy announcements by #Trump, acc/to traders, market experts & Reuters analysis of #exchange data.
#MarketManipulation #corruption #securities #finance #CFTC #SEC #law #TrumpsWar #US #Iran
https://www.reuters.com/sustainability/boards-policy-regulation/oil-price-bets-ahead-iran-war-news-totalled-7-billion-reporting-shows-2026-05-07/?utm_source=braze&utm_medium=notifications&utm_campaign=2025_engagement
🟡 Sanctions | 7/10
🇺🇸 🇮🇶 🇮🇷
US sanctions on Iraq's Deputy Oil Minister
The United States Department of the Treasury has imposed sanctions on Iraq's Deputy Oil Minister Ali Maarij Al-Bahadly. The sanctions are a direct response to his involvement in facilitating Iranian oil sales through Iraqi networks. According to the US Treasury, Al-Bahadly leveraged his official position to circumvent international restrictions. These actions enabled Iran to continue exporting oil despite existing sanctions. Washington is thus intensifying pressure on Tehran by disrupting illicit energy trade channels.
On April 28, GOP Rep. Jim Jordan accused environmental law scholars of bias, conspiracy and colluding to influence the U.S. judiciary.
The next day, free-market conservatives kicked off a multiday climate skepticism event for more than 150 judges.
https://www.propublica.org/article/climate-science-oil-gas-fossil-fuel-judges-jim-jordan?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
#News #Climate #ClimateChange #Science #Oil #Gas #FossilFuels #Law
@jmcrookston Actually, Krugman is wrong - it's 25%, according to the #IEA, & 20% of the #oil + #LNG. See: https://www.iea.org/about/oil-security-and-emergency-response/strait-of-hormuz & https://www.bbc.co.uk/news/articles/c78n6p09pzno.
Oil & gas bosses have a crisis playbook:
Hype “scarcity”, blame everyone else, cash in on war and demand MORE drilling.
It’s time we named the scam for what it is. https://act.gp/4w0zXfc
US Voices Against the Blockade | Episode 1: Dr. Renee
https://peertube.world/w/3anPKWE8HaD7fV3dLou7C9
Duration - 2:02
[a #video about #Cuba from the #news collective #BellyOfTheBeast]
Renee is a surgeon from Philadelphia who speaks out against the #US government’s economic war on Cuba. After visiting the island, she says the #healthcare system is under severe strain: shortages of medicine and basic supplies, limited resources and constant blackouts that disrupt patient care.
... these restrictions are harming ordinary people and making #medical treatment increasingly difficult. “People are not being saved. People are being harmed,” she says. “If we really supported human rights in the US, Cuba wouldn’t be in this situation.”
US Voices Against the Blockade is a new series featuring US activists who oppose US #sanctions on Cuba.
“If it's true that it is the Cuban government that is causing the problems, then lift the #blockade, let the #oil in and let's see what happens,” she says.
Food and drink prices in Japan are set to increase as early as this summer due to a war-driven shortage of a critical ingredient used in the production of plastic packaging. https://www.japantimes.co.jp/business/2026/04/30/economy/food-price-rise-package-cost/?utm_medium=Social&utm_source=mastodon #business #economy #food #surveys #iran #plastic #oil #gas #middleeast #straitofhormuz
Key #inflation gauge jumps to highest level in 3 years as #GasPrices soared, the latest sign that the #IranWar is pushing up the #CostOfLiving & [should be] delaying any #InterestRate cuts by the #FederalReserve.
…Excluding the volatile #food & #energy categories, core inflation rose 0.3% in March from February, & it was 3.2% higher than a year earlier. The annual figure is above February’s reading of 3%.
#Trump #economy #TrumpsWar #law #NationalSecurity #oil
https://apnews.com/article/consumer-prices-gas-inflation-5c2037950e57d8e5d402a40b8fc41384
Brent is about to hit where it was on March 8th. #oil
Alt...
Stock chart for brent oil showing the price about to top March 8th.
"HORMUZ🚨CAN OPEN WITHOUT CLEARING ALL MINES, US ENERGY CHIEF SAYS"
Will the us energy chief be on the first boat?
-Darth
"Not all mines placed by Iran in the Strait of Hormuz need to removed for ships to resume transiting the vital passageway, US ENGY Sec Wright said Tues.
“You just need a pathway for ships to be moved in and out,” Wright said in an interview.🚨“I think that can happen quickly.”
#Kakistocracy #Hormuz #Oil #Trump #Dystopia #MayDay #GeneralStrike #USPol
https://www.bloomberg.com/news/articles/2026-04-28/hormuz-can-open-without-clearing-all-mines-us-energy-chief-says
Alt...
Photo from the article of the SoH showing a tanker:
Iran Stymies U.S.-Israeli #War
US Out of #Mideast! Israel Out of #Lebanon!
https://world-outlook.com/2026/04/28/iran-stymies-u-s-israeli-war/
from #WorldOutlook
April 28, 2026
Extensive strikes on Iran’s steel, pharmaceutical, and other plants inflicted significant damage to the country’s manufacturing industries. Many bridges, highways, railway lines, and #oil depots have also been damaged or destroyed.
These facts show that US and Israeli claims that they aimed their fire mainly at Iran’s military sites and infrastructure are a lie.
Despite the mass destruction, and degrading of its military capabilities, #Iran has been able to inflict major damage on #US #military assets and on oil and other facilities in the Gulf and nearby countries allied with the US.
Iran also fired 650 ballistic missiles at #Israel. A significant number of them evaded the country’s anti-missile shield, killing 26 and injuring nearly 8,000. #Iranian air defenses also shot down more than a dozen #Israeli drones.
📢 The #UAE announces it will leave #OPEC effective MAY-01 2026
Here's everything you need to know, from what triggered the exit to what it means for #oil prices and the cartel's future 👇🏽
By Hala Farhat
📰 Report Al Mayadeen APR-28 20:00 Beirut-t
https://english.almayadeen.net/news/Economy/uae-abruptly-quits-opec--all-you-need-to-know
#Gasoline prices in the #UnitedStates rose Tuesday to their highest level in 4 years as peace talks between the #US & #Iran appeared at an impasse.
The AVERAGE cost for a gallon of regular gasoline is $4.18, acc/to the AAA motor club. The price at the pump has not been that high since April 2022, shortly after #Russia invaded #Ukraine. Tuesday’s jump of 1.6% was the highest percentage increase in more than a month.
#IranWar #Trump #law #NationalSecurity #inflation #economy #oil #EnergyCrisis
Alt...
Average price of regular unleaded gasoline Updated Tuesday
#Oil prices continued to climb on Tuesday, with negotiators deadlocked over proposals to reopen the #StraitOfHormuz to tanker traffic & restrict Iran’s nuclear program.
The price of crude oil has risen steadily over the past week, as talks have stalled during an uneasy #ceasefire. Brent #crude, the international benchmark, has posted gains in 6 of the past 7 trading sessions & remains more than 40% higher than it was before the first #US - #Israel strikes on #Iran in late February.
#US #GasPrices Hit Highest Level Since Beginning of #War in #Iran
The jump on Tuesday of 1.6% was the highest percentage increase in more than a month.
#TrumpsWar #IranWar #US #Iran #Israel #war #ForeverWars #Trump #Netanyahu #WarCrimes #RegimeChange #RulesOfWar #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #inflation #economy #affordability #CostOfLiving #oil #energy #EnergyCrisis
https://www.nytimes.com/2026/04/28/business/oil-gas-stocks-iran-war.html?smid=nytcore-ios-share
#SaudiArabia & the #UAE increasingly have competed over economic issues & regional politics, particularly in the Red Sea area. The two countries had joined in together in a coalition to fight against #Yemen’s #Iran-backed #Houthi rebels in 2015. However, that coalition broke down into recriminations in late December, when Saudi Arabia bombed what it described as a weapons shipment bound for Yemeni separatists backed by the UAE.
#IranWar #geopolitics #NationalSecurity #economy #oil #energy
"Middle East crisis could cost world $1tn while oil firms make ‘obscene’ profit, analysis finds", so we should let the oil firms pay more...
https://www.theguardian.com/environment/2026/apr/28/middle-east-crisis-oil-firms-profit-colombia-conference?utm_source=dlvr.it&utm_medium=bluesky&CMP=bsky_gu
#geopolitics #Oil #Trump #Iran #USA #hormuz
The #UAE announced Tuesday that it will leave the #oil cartel #OPEC & its wider OPEC+ group effective May 1, a move rumored for some time as the Emirates chaffed under production restrictions & increasingly had frostier relations with neighboring #SaudiArabia.
The UAE had been a longtime member of OPEC, first through its emirate of #AbuDhabi in 1967 & later when the UAE became its own country in 1971.
#IranWar #Trump #geopolitics #MiddleEast #inflation #economy #CostOfLiving #EnergyCrisis
But the #UAE has been increasingly trying to leverage its own foreign policy in the #MiddleEast that has contradicted some positions of Riyadh over time — particularly as #SaudiArabia began to directly challenge the Emirates in trying to draw foreign investments as the kingdom opened up under assertive Crown Prince Mohammed bin Salman [#MBS].
#IranWar #TrumpsWar #Trump #geopolitics #NationalSecurity #inflation #economy #affordability #CostOfLiving #oil #energy #EnergyCrisis
The #UAE made the announcement via its state-run WAM news agency.
“This decision reflects the UAE’s long-term strategic & economic vision & evolving energy profile, including accelerated investment in domestic energy production, & reinforces its commitment to a responsible, reliable, & forward-looking role in global energy markets,” the UAE said.
#IranWar #TrumpsWar #Trump #geopolitics #NationalSecurity #MiddleEast #inflation #economy #affordability #CostOfLiving #oil #energy #EnergyCrisis
“Following its exit, the #UAE will continue to act responsibly, bringing additional production to market in a gradual & measured manner, aligned with demand & market conditions,”the country added.
#SaudiArabia long has been considered a heavy weight of #OPEC, an oil cartel based in Vienna that has seen some of its market power wane as the #UnitedStates increased its production of crude #oil in recent years.
#IranWar #Trump #geopolitics #NationalSecurity #inflation #economy #energy #EnergyCrisis
#UAE quits #OPEC, a major blow to world's biggest #oil exporters & leading member #SaudiArabia as #Iran war roils global #energy markets
#IranWar #TrumpsWar #Trump #geopolitics #NationalSecurity #MiddleEast #inflation #economy #affordability #CostOfLiving #oil #energy #EnergyCrisis
https://apnews.com/article/opec-united-arab-emirates-leaving-cartel-4966108c3fafacb67181152216deda14
The oil, gas and arms companies profiting from the war on Iran
As bills rise across the world, campaigners call out the fossil fuel and #weapons firms raking in mega profits
https://www.middleeasteye.net/news/oil-gas-arms-companies-profiting-war-on-iran
from #MiddleEastEye #MEE
27 April 2026 | Last update: 7:10 ET 27 April
April 28, 2026
While hitting the pockets of millions in Europe, Asia and worldwide, the war has created big winners. BP's first-quarter profit more than doubled year-on-year to $3.2 billion, the highest for the British oil giant since 2023, Reuters reported on Tuesday.
Recent analysis conducted by climate charity Global Witness for the Guardian found that major #oil and #gas companies made over $30m an hour in the first month of the war on #Iran.
And #military #invasions (#war suggests that the combatants all want to fight) are adding to #emissions.
I want to explicitly state that #Ukraine destruction of #Russia's #oil #infrastructure is a /good/ thing. The stored oil would have been burned eventually anyway, and destroying the capacity to refine and transport oil disrupts the system.
When the resulting shortages become the new default, people will make do or do without.
#Iran foreign minister left Islamabad without meeting #US envoys, Pakistan officials say. Can you blame him? The US “envoys” were Steve #Witkoff & Jared #Kushner ffs.
#IranWar #TrumpsWar #Trump #MafiaState #WarCrimes #RulesOfWar #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #inflation #economy #oil #energy #EnergyCrisis
https://apnews.com/live/iran-war-israel-trump-04-25-2026