Why Opening the Hormuz Won’t Lower Gas Prices
Our energy reporter Rebecca F. Elliott explains why, even if the flow of energy is restored through the Persian Gulf, it will take months to carry out repairs across dozens of energy sites in the region.
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Our energy reporter Rebecca F. Elliott explains why, even if the flow of energy is restored through the Persian Gulf, it will take months to carry out repairs across dozens of energy sites in the region.
‘I’m Fed Up.’ Frustrated With Trump, Starmer Embraces Other Allies. The New York Times The Iran war is a warning: Britain must build resilience – at home and with our allies in Europe | Keir Starmer The Guardian Keir Starmer: 'I'm fed up' with Trump and Putin affecting UK energy costs CNBC Iran conflict will define us for a generation, says PM BBC Starmer Says He's 'Fed Up' With Trump as Europe Splinters From U.S. Over Iran War Time Magazine
Renewable energy is cheaper to run than fossil fuels, especially with war choking oil supply. But it hasn’t turned out that way for some European countries, and the reason is complex.
Summer flights and holidays may also be at risk, says the Airports Council International European airports have said jet fuel shortages could hit the summer holiday season, if oil supplies do not start to flow through the strait of Hormuz within the next three weeks. Airports Council International (ACI) Europe wrote to Apostolos Tzitzikostas, the EU transport commissioner, saying the bloc is three weeks away from shortages. Continue reading...
US consumer prices surge as expected in March Reuters Consumer prices rose 3.3% in March, as energy prices spiked due to Iran conflict CNBC CPI Report Live Updates: Inflation Surges as the Effects of Iran War Show in Prices The New York Times March inflation report to offer first glimpse of Iran war's economic impact NBC News US inflation tripled last month on record spike in gas prices CNN
Trump’s Changes Lock Some Employers Out of H-1B Visa Program The New York Times Walmart's H-1B filings fell by more than half in the wake of Trump's visa shake-up Business Insider How the White House's $100,000 H-1B visa fee is impacting America's ability to attract global talent CBS News 'Indians are the new oil, coal, or gas': Immigration agency founder says new H-1B fee is America's loss, Fox's Laura Ingraham reacts The Times of India Commentary: New $100k Fee and Wage-Weighted H-1B Lotte
No Longer Off Limits, the Strait of Hormuz Remains Thorny Politically The New York Times Ships still aren’t going through the Strait of Hormuz. Here’s what it will take to get things going again CNN Middle East Matters - Ceasefire holds, but Strait of Hormuz remains at a standstill France 24 Oil prices rise as U.S.-Iran ceasefire fails to boost tanker traffic via Strait of Hormuz CNBC Strait of Hormuz shipping traffic is effectively at a standstill despite Iran ceasefire NBC News
Australia and Singapore will ‘make maximum efforts to meet each other’s energy security needs’ in refined fuels and LNG, according to new agreement Get our breaking news email, free app or daily news podcast Australia’s largest petrol source has pledged not to cut supplies, with Singapore’s prime minister telling Anthony Albanese that fuel will keep flowing despite the international crisis. Albanese’s whistle-stop visit with his Singaporean counterpart, Lawrence Wong, culminated in a new agree
Prime minister explicitly blames US president for British consumers’ higher bills as he concludes tour of Gulf states Good morning. Keir Starmer is wrapping up his three-day tour of Gulf states today, and we are starting some conclusions. What we have not got is any sort of plan for a resolution of the Iran war; Starmer is not one of the main protagonists in this conflict, what he has said publicly about his talks with Gulf leaders has consisted largely of platitudes, we still have no idea about
PM appears to draw comparison between Russian and US leaders and calls for plan to restore shipping through strait of Hormuz Keir Starmer has said he is “fed up” with the effect that Donald Trump’s actions in the Middle East are having on the British public, while appearing to draw a comparison between the US president to Vladimir Putin. Speaking to ITV’s Robert Peston on Thursday, the prime minister said: “I’m fed up with the fact that families across the country see their bills go up and down
Israel and Hezbollah continue to trade strikes as Trump tells US media he has asked Netanyahu to be more ‘low-key’ in Lebanon. Follow live news Netanyahu says there is no ceasefire in Lebanon as Israel launches fresh strikes Japan plans to release 20 days’ worth of oil reserves from May, prime minister Sanae Takaichi told a cabinet meeting on Friday, to ensure stable domestic supply as conflict in the region continues disrupts global supply. Japan is dependent on the Middle East for around 95%
Hyundai issues local recall due to a fault with its battery management software that could cause a fire while the car is recharging or parked Thousands of Australian drivers will be asked to check their electric vehicle batteries as part of a global recall involving more than 100,000 cars. Hyundai issued a local recall for almost 5,000 vehicles on Friday due to a fault with its battery management software that could cause a fire while the car is recharging or while it is parked. Continue readin
'We should not be at the mercy of events abroad' - Starmer BBC Keir Starmer: 'I'm fed up' with Trump and Putin affecting UK energy costs CNBC UK's Starmer says Iran conflict shows Britain must take a new path Reuters The Iran war is a warning: Britain must build resilience – at home and with our allies in Europe | Keir Starmer The Guardian Keir Starmer Says He Would ‘Never’ Use Trump’s Iran Rhetoric Forbes
Trump Warns Iran Not to Charge Fees for Ships Transiting Hormuz Bloomberg.com Trump says Iran's handling of ships in Strait of Hormuz is 'not the agreement we have' BBC Trump says Iran 'better stop now' if it's charging oil tankers fees to go through Strait of Hormuz CNBC Strait of Hormuz remains all but closed, Trump demands Iran stop tolls Axios Strait of Hormuz toll would set 'dangerous precedent,' UN shipping agency warns Fox News
The artist will follow in the footsteps of Ariana DeBose, Cynthia Erivo and Kevin Spacey this June The Tony awards have turned to a singer with a reputation for a high-energy, physical live show to be the next telecast host – Pink. The three-time Grammy award winner will make her debut as emcee for the awards on 7 June at its familiar home of Radio City Music Hall. Continue reading...
Government investment in Tata-owned Agratas plant expected to boost economic growth and secure jobs The Somerset battery factory due to supply Jaguar Land Rover is to receive £380m in UK government funding as it pushes ahead with construction despite delays. JLR, Britain’s largest automotive employer, is due to receive batteries from the site to make electric versions of its Range Rover and Jaguar models. The Indian conglomerate Tata owns JLR and the electric vehicle (EV) battery factory under
Stocks gain for a second day on hope Iran ceasefire can be sustained: Live updates CNBC Stock market today: Dow, S&P 500, Nasdaq pause rally after Iran says ceasefire has been broken Yahoo Finance Stock Market Today: Dow Slides; Oil Rebounds After Iran Cease-Fire Gets Off to Shaky Start — Live Updates WSJ Wall St inches up as broader gains offset tech losses, Mideast doubts linger Reuters Dow Turns Positive, Shaking Off Early Declines Barron's
Oil rises back to $100, stocks waver as Iran ceasefire deal is fragile Yahoo Finance Oil prices surge as US-Iran ceasefire looks increasingly tenuous Yahoo Finance The third Gulf war will scar energy markets for a long time yet The Economist Oil is plunging, but don’t expect $3 gas anytime soon. Here’s why CNN Retail traders sold Wednesday's rally. They aren't buying Trump's Iran ceasefire CNBC
Oil Prices Edge Higher as Confidence in Cease-Fire Wavers The New York Times Oil is plunging, but don’t expect $3 gas anytime soon. Here’s why CNN Republicans cautious on energy prices despite ceasefire Politico The third Gulf war will scar energy markets for a long time yet The Economist Traders place large $950 million bet on oil price falling hours ahead of ceasefire Reuters
Is the Strait of Hormuz Reopening? What to Know Under Iran-Cease Fire. The New York Times Iran Tightens Its Grip on Hormuz Despite Cease-Fire WSJ Iran Deputy Minister Says Ships Need Army Consent to Pass Hormuz Bloomberg.com Oil industry pleads its Hormuz case with White House Politico Iran’s proposal to collect tolls in the Strait of Hormuz violates trade norms AP News
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