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Donald Trump met with Chevron and other oil giants: Concerns over the “war shock” in energy prices
The U.S. president regularly holds meetings with industry executives in order to stay informed about developments. Gasoline prices in the U.S. have reached $4.18 per gallon, the highest level since 2022
Oil: Brent heading toward $110 due to Hormuz, with the Fed, BOJ, and fears of a new energy shock in focus
According to experts, it will take at least four to six months for the oil market to stabilize, and until then prices are likely to remain elevated
Iran’s oil windfall amid war with the US & Israel: How it exports up to 2.8 million barrels daily and who keeps buying
According to The Economist, despite the near closure of the Strait of Hormuz and the removal of roughly 15% of global oil supply from the market, Tehran continues to boost its revenues through a complex network of transport and financial transactions
Russia halts gasoline exports from April 1 in bid to curb domestic prices
Moscow is set to suspend gasoline exports starting April 1, as part of efforts to stabilize domestic fuel prices following last year’s shortages linked to Ukrainian strikes on Russian refineries
Energy anxiety in Europe, 50% chance of recession in the US: The economic victims of the war in Iran
Oil in Europe flirts with $110 per barrel, natural gas up 94% since the start of the year – The most expensive gasoline in the US since summer 2022, when the war in Ukraine was raging – What Politico writes about Asian countries pushing demand and driving prices higher
Oil in Europe is heading toward $110 after the strike on an Iranian natural gas facility – up 80% since the beginning of the year
The escalation of attacks on Iran’s critical energy infrastructure, such as the South Pars gas field, is triggering a new surge in prices
