Ebrius Disputatios

oilprices

Iran Oil Revenue Soars As It's The Only Exporter Out Of Hormuz.

As other countries in the Middle East have been forced to sharply cut production, Iran has continued to load tankers and sail them out of the Persian Gulf. Let's hope that all this is really true and not just some mockingbird media, fake news, goy slop.
Iran Has Likely Earned Hundreds Of Millions Of Dollars Of Extra Income From Oil Sales Since The Start Of The War. Iran has likely earned hundreds of millions of dollars of extra income from oil sales since the start of the war, benefiting from a surge in the price of its crude after it became the only major exporter able to use the Strait of Hormuz.

The Islamic Republic is benefiting twofold from price moves since the start of the war. Its flagship crude grade is selling to customers, mostly in China, at the slimmest discount in more than 10 months to Brent. And the international benchmark itself has surged above US$100 a barrel since the bombing began.

#Iran #OilPrices #ZOG #Empire #Hegemony

From Russia With Vengeance.
Europe will not survive without Russian oil with a global fuel shortage fast approaching – a reality that will become obvious to everyone within a couple of weeks, Hungarian Prime Minister Viktor Orban said on Friday.
 “The reality is that a global oil shortage is now knocking at the door. The strategy Europeans are pursuing is simply crazy. We need Russian oil—we cannot survive this increasingly serious situation without Russian fuel and energy. Anyone who denies that will see how obvious it is in no more than a week,” Orbán told reporters after the EU summit. Not only does Hungary need oil supplies through the Druzhba pipeline restored, but also guarantees from Kiev that such a blockade will not occur again, Orban emphasized.

“It is not just about oil coming to us, we also need to get guarantees [from Ukraine] that this will not happen again,” Orban told reporters after the EU summit in Brussels.

On January 27, Ukraine halted the flow of oil to Hungary and Slovakia. In response, Hungarian Foreign Minister Peter Szijjarto said on February 23 that Hungary had blocked the 20th package of EU sanctions against Russia and a 90 billion euro loan to Kiev because of the Druzhba shutdown. On March 5, Orban said that Hungary would not compromise with Ukraine over the Druzhba blockade and would make the Ukrainians resume pumping oil “by force.”

#OilPrices #Russia #EU #ZOG #Empire #Iran #EpsteinFury

Oil Prices Hit $112 As Neocons Crash Global Economy.
We all know that Trump and the neocons are ruthless but what if they're just pretending not to have a plan, in Iran? What if their real plan is to have the Straits of Hormuz closed, to have the global south suffer and especially to cut off China from her energy supplies?
 Oil prices climbed sharply in early Asian trading on Thursday as the Middle East conflict continued to escalate and energy infrastructure was targeted across the Gulf.

At the time of writing, Brent crude had climbed to $112.00, up 4.27%, while West Texas Intermediate had risen 2.73% to $98.95.

The latest price spike came after Iran targeted energy infrastructure across the Middle East in retaliation for earlier strikes on its South Pars gas field.

Qatar confirmed that Iranian missile strikes had caused “extensive damage” around the Ras Laffan industrial complex, the world’s largest liquefied natural gas facility and a cornerstone of global gas supply.

Meanwhile, the United Arab Emirates suspended operations at its Habshan gas facility after missile-related incidents, with debris from intercepted projectiles reportedly affecting additional energy infrastructure, including the Bab oil field.

Saudi Arabia, Kuwait, Iraq, and Bahrain continue to be targeted by Iran, with Saudi Arabia reporting that air defences had destroyed a total of 19 drones in the Eastern Province and four missiles launched toward Riyadh.

Shipping also remained under threat, with the UK’s maritime security agency reporting that a vessel east of the Strait of Hormuz caught fire after being struck by an “unknown projectile.”

These coordinated strikes and the prior evacuation warnings issued for regional energy facilities reveal Iran's strategy of targeting the Gulf’s energy backbone to increase prices and therefore pain for the U.S., Israel, and their allies.

Reports indicate that the US is now considering deploying additional military assets to the region, redoubling efforts to secure shipping through the Strait of Hormuz. With no sign of de-escalation in sight, the upward pressure on oil prices looks set to continue.

#Oil #OilPrices #Hegemony #Empire #Iran #EpsteinFury

Oil Will Soon Reach $200 A Barrel.
A month ago, any analyst suggesting international oil prices could soar all the way to $200 per barrel would have been laughed out of the studio. Now, some are beginning to acknowledge that this is a real possibility, and with good reason.
 Oil and fuel exports from the Middle East stood at 25.13 million barrels daily in February, Reuters reported this month, citing data from Kpler. By mid-March, this had plummeted by close to two-thirds, to 9.71 million barrels a day. Vortexa has even more worrying figures, putting the February daily average at 26.1 million barrels of crude and fuels, and the mid—March average at just 7.5 million barrels daily.

Yet even worse than daily shipments is the situation in production. Everyone in the Middle East is cutting oil production—and those wells take a while to restart. The reason they are cutting is that storage capacity is limited—and some of those “export” barrels are actually going on tankers for storage rather than shipment to clients. A fifth of global oil, in other words, is severely disrupted, and even if the bombs stop flying tomorrow, it will take a while for things to get back to normal.

#EpsteinFury #OilPrices #War #Iran #US #Empire #ZOG