Middle East war creating ‘largest supply disruption in the history of oil markets’
7 months ago by ikt to c/worldnews
Oil markets are facing the “largest supply disruption in history” as the war in Iran continues to block tankers from shipping millions of barrels of crude each day, the world energy watchdog has warned.
The International Energy Agency (IEA) said the supply shock ignited by Iran’s effective blockade of the strait of Hormuz meant the world faced a deeper crisis than after the Yom Kippur war of 1973 and the 2022 outbreak of war in Ukraine.
Omg, this man just figured out how to make infinite energy.
@sh.itjust.works
Welcome!
We strive for high-quality standards on the latest world events.
The basis of these standards comes from the MBFC, which uses an aggregate of methodologies, including the IFCN and World Freedom Indices, to rate the Bias and Factual Reporting of News.
Does your post fit the standards? Check this thread!
Rules:
Rule 1: No Further Gaza/Israel war posts
Rule 2: No US internal news/US politics
Rule 3: Editorials, opinions, analysis, blogs, gifs, memes, etc non-serious news sources
Rule 4: Non-English articles require a translation in the post or comments (mark the title with the source language eg. [FR] for French)
Rule 5: Petitions, advocacy, surveys
Rule 6: All-caps titles
Rule 7: Old news (≥ 1-Month-old) articles
Rule 8: Unlabeled NSFW images/videos
Rule 9: URL shorteners
- The general rules of the sh.itjust.works instance apply!
Thank you.
go to feed...
@sh.itjust.works
Welcome!
We strive for high-quality standards on the latest world events.
The basis of these standards comes from the MBFC, which uses an aggregate of methodologies, including the IFCN and World Freedom Indices, to rate the Bias and Factual Reporting of News.
Does your post fit the standards? Check this thread!
Rules:
Rule 1: No Further Gaza/Israel war posts
Rule 2: No US internal news/US politics
Rule 3: Editorials, opinions, analysis, blogs, gifs, memes, etc non-serious news sources
Rule 4: Non-English articles require a translation in the post or comments (mark the title with the source language eg. [FR] for French)
Rule 5: Petitions, advocacy, surveys
Rule 6: All-caps titles
Rule 7: Old news (≥ 1-Month-old) articles
Rule 8: Unlabeled NSFW images/videos
Rule 9: URL shorteners
- The general rules of the sh.itjust.works instance apply!
Thank you.
go to feed...
The largest supply disruption so far! I'm sure if we try hard we can blow up some other oil infrastructure
save