middle east · middle east
politics
Middle East Energy Crisis Reshaping Global Markets and Diplomacy
The Strait of Hormuz closure due to US-Iran conflict is disrupting global oil supplies, driving prices near $110/barrel and triggering cascading economic impacts across Latin America, Asia, and Europe. Multiple regions report shifted trade patterns, energy diversification strategies, and geopolitical realignment as nations respond to supply uncertainty.
- How the Oil Shock and US Yields Split Latin America’s Markets Rio Times · Brazil
- Argentina’s Country Risk Climbs to 550 as US Yields Hit 2007 High Rio Times · Brazil
- Fuel-thirsty UK relaxes Russian oil sanctions, leaving Ukrainians ‘very let down’ South China Morning Post · China
- UK eases sanctions on Russian oil imports as fuel prices soar Al Jazeera English · Middle East
- Starmer criticized for easing Russia sanctions Politico Europe · Europe
- Energy in spotlight as Putin visits China France 24 · France
- A Gooseberry and a Tear: The other crucial Straits of the Indian Ocean The Hindu · India
- Japan says it has enough power to meet scorching summer demand The Straits Times Asia · Southeast Asia
- Chinese supertankers exit Hormuz as Trump, Vance talk up Iran deal Al Jazeera English · Middle East
- Oil prices fall after Trump predicts quick end to Iran war Middle East Eye · Middle East
- UN cuts global growth forecast amid Iran war and energy shock Middle East Eye · Middle East
- China turns to Russian oil as Gulf supply drops – but is it too expensive? South China Morning Post · China
- Hormuz crisis: Australian LNG to India will surge, says Australian High Commissioner The Hindu · India
SENTINEL