Israel and Iran agree to a ceasefire. How did energy markets respond? Oil prices dropped sharply after US President Donald Trump announced a ceasefire between Israel and Iran (although it was soon broken), which alleviated concerns about disruptions in the supply of ... #DonaldTrump #gasprices #Iran #Israel #OilPrices
Iran is considering closing the Strait of Hormuz, which would severely impact global oil prices. The Iranian parliament has approved a bill to block this vital shipping route for oil exports in response to recent US airstrikes on Iranian nuclear facilities. The Strait of Hormuz is one of the worl... #GlobalEconomy #Iran #KristalinaGeorgieva #OilPrices #OilTransit #StraitOfHormuz
The US attacked three nuclear facilities in Iran, forcing oil prices to soar to $100 per barrel, but this will not benefit Russia. US President Donald Trump stated that on the night of June 22, US aircraft targeted three nuclear sites in Iran – in Fordow, Natanz, and Isfahan. He specified that the operation was intended to elimin... #DonaldTrump #Iran #NuclearFacilities #OilPrices #RussianOil
The conflict in the Middle East has slowed passage of new American sanctions against Russia. The US Senate has postponed consideration of a bill to impose sanctions on Russia due to the conflict between Israel and Iran, as well as the need to pass Donald Trump’s tax reform package. Sena... #Iran #Israel #JohnThune #LindseyGraham #MiddleEast #RichardBlumenthal #SanctionsAgainstRussia
The conflict between Iran and Israel has made it more challenging for the EU to lower the price cap on Russian oil. Last week, the European Commission included a proposal in the draft of its Russian sanctions package to lower the price cap on oil from the current $60 per barrel to $45. Some member states that suppo... #EuropeanCommission #G7 #GreatBritain #Iran #Israel #RussianOil #RussianOilPriceLimit
How will the conflict between Israel and Iran affect Russia’s military capabilities in its war against Ukraine? Analysts from the ISW believe that Russia may leverage the rise in oil prices following Israel’s strikes on Iran to sustain a prolonged conflict in Ukraine. Oil and gas revenues make up about 30... #Iran #Israel #MiddleEast #OilPrices #PeaceTalks #Putin #WarinUkraine
The US will suspend its mediation in peace negotiations between Ukraine and Russia if there is no progress in order to attend to more important global matters. Currently, the US’ attention is also demanded in other regions needing diplomatic engagement, as noted by State Department spokesperson Tammy Bruce on May 1. Secretary of State Marco Rubio, alon... #China #Geopolitics #Iran #JDVance #MarcoRubio #PeaceTalks #TammyBruce #WarinUkraine
Rutte warns Trump of threats to the US if Ukraine is forced to sign an favorable peace deal. NATO Secretary-General Mark Rutte said that the US would face a “dire threat” from China, Iran, and North Korea if Ukraine has to make concessions in order to end the war with Russia. In a... #China #DonaldTrump #Iran #MarkRutte #NorthKorea #RussianUkrainianNegotiations #WarinUkraine
