Brazilian authorities have opened an investigation into allegations that US government funds were intended to support civil-society organisations campaigning against the country's Supreme Federal Court. The controversy comes immediately before Brazil's presidential election and amid an increasingly bitter dispute between Brasília and Washington over judicial power, censorship, tariffs and political influence. INR Report: Based on reporting by…
BRICS nations collectively possess enormous energy resources, but recent supply disruptions have exposed a fundamental weakness: membership does not guarantee access to another member’s oil when a crisis strikes. An emerging proposal would move cooperation beyond declarations by positioning emergency oil stocks closer to importing countries and agreeing access before shortages begin INR Report: Based on analysis by Manish Vaid for RT HERE ·…
Crude oil flows may be recovering, but the fuels that actually power trucks, tractors, construction machinery and industry remain under severe pressure. A developing shortage of refined petroleum products has driven US diesel prices to a record high, raising concerns that the next global energy shock could increasingly be felt throughout the real economy. INR Report: Based on reporting by Tyler Durden for ZeroHedge HERE · Global oil markets are…
By Tyler Durden · Summary: · U.S. CENTCOM says U.S. Naval Blockade on Hormuz has been "Lifted" Kuwait Petroleum CEO says Energy Production to Ramp in a Week Iran Media says Southern Ports Traffic Begins Normalizing Hormuz Normalization Begins As Saudi Supertankers Exit And A Flood Of Persian Gulf Oil Heads For Asia · The roughly two-month U.S. naval blockade of the Strait of Hormuz has officially ended, according to U.S. Central Command on…
Airlines have started raising costs and cutting routes, increasing the risk of last-minute cancellations and disruption before the summer holiday season · FILE PHOTO. © Thomas Lohnes/Getty Images · Europe’s summer getaway is under threat as airlines slash thousands of flights amid a deepening jet fuel crunch, raising alarm among holidaymakers. Lufthansa alone is scrapping 20,000 services through October to conserve fuel, the…
Source:https://theconversation.com/wh... · The market for oil is global, which is why events like the war in Iran affect oil prices – and prices of the wide range of products made from oil – literally everywhere. Federal data shows that the price at the primary crude oil hub in the United States was US$66 a barrel in late February 2026 – before the U.S. and Israel attacked Iran – and $101 a barrel on April 13. Similar price increases have…
Authored by Tilak Doshi · When Simon Wakter, Political Adviser to Sweden’s Minister for Energy, posted on X last Wednesday with a simple “Wow, incredible article” and a clapping emoji, he captured the shock rippling through Europe’s energy commentariat. · The target of his applause was not some fringe sceptic but Germany’s own Economy and Energy Minister, Katherina Reiche. · In a guest column for the Frankfurter Allgemeine Zeitung, Reiche…
“Same as it ever was” is a phrase that continues to resonate in 2026. · Jamie Fraser/Getty Images - Author Craig Stevens Professor in Ocean Physics, University of Auckland, Waipapa Taumata Rau; Earth Sciences New Zealand · The oil shocks of the 1970s, triggered by conflict in the Middle East, sent global energy prices soaring and exposed the vulnerability of modern economies to fuel supply. They also sparked a global surge of interest…
The fallout from war between the United States, Israel and Iran has dominated global oil markets. And not just because the Strait of Hormuz, which normally carries about 20% of global oil and gas, remains effectively closed to shipping traffic. · Author Flavio Macau - Associate Dean - School of Business and Law, Edith Cowan University · Deep uncertainty about how long the disruption will continue has added a persistent “risk premium” – an…
The supply shock brought on by the conflict is teaching Brussels a vital lesson – one it will have to learn sooner or later By Ladislav Zemánek, non-resident research fellow at China-CEE Institute and expert of the Valdai Discussion Club https://www.rt.com/op-ed/authors/ladislav-zemanek/ · Gas station in Wendlingen am Neckar, Baden-Wuerttemberg, Germany, on April 6, 2026 © Michael Nguyen / NurPhoto via Getty Images · There …
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