Middle East crisis live: IEA chief says Iran war energy crunch worse than 1970s oil crises and Ukraine war combined
Fatih Birol says world is losing 11m barrels of oil per day, more than the 1973 and 1979 energy shocks combined; IRGC threatens to completely close strait of Hormuz if Trump acts on infrastructure threatsIran vows to destroy Middle East water and energy facilities if US attacks power plantsA strike on a broadcast station in southern Iran killed at least one person, state television reported on Monday.“The 100-kilowatt AM transmitter of the Persian Gulf Radio and Television Centre was attacked by the American-Zionist terrorist army,” the state-run Islamic Republic of Iran Broadcasting said, quoted by AFP.In this attack, which was against international laws, one of the centre’s security colleagues was martyred and another person was injured.A stock release will help to comfort the markets, but this is not the solution. It will only help to reduce the pain in the economy. Continue reading...
Fatih Birol says world is losing 11m barrels of oil per day, more than the 1973 and 1979 energy shocks combined; IRGC threatens to completely close strait of Hormuz if Trump acts on infrastructure threats
A strike on a broadcast station in southern Iran killed at least one person, state television reported on Monday.
“The 100-kilowatt AM transmitter of the Persian Gulf Radio and Television Centre was attacked by the American-Zionist terrorist army,” the state-run Islamic Republic of Iran Broadcasting said, quoted by AFP.
In this attack, which was against international laws, one of the centre’s security colleagues was martyred and another person was injured.
A stock release will help to comfort the markets, but this is not the solution. It will only help to reduce the pain in the economy. Continue reading...
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