Global diesel shortage likely to last into 2027
A global diesel shortage fueled by wars in Iran and Ukraine is unlikely to ease before next year, according to storage market indicators and industry participants.
BBusiness21 Sept
Iran — page 17
Place · 5772 articlesCoverage, page 17
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Key ally urges Trump to back US farmers amid anger over rising prices
Iowa senator Chuck Grassley calls for embargo on diesel exports as tariffs and Iran war drive up costs for sector Donald Trump is facing growing calls, including from within his own party, to boost support for US farmers as his administration faces mounting anger over its treatment of the agricultural sector. Republican senator Chuck Grassley of Iowa called on the US president to place an embargo on diesel exports this weekend and help farmers grapple with high prices. Continue reading...
The Guardian•Ariana Baio21 Sept- neutral toward Donald Trump · 84%
US President Donald Trump spoke by phone with Yemeni President Rashad al-Alimi on Sunday
The call underscores regional instability, potentially affecting global shipping routes and complicating US-Iran diplomatic relations.
CryptoBriefing•Estefano Gomez21 Sept- neutral toward Donald Trump · 98%
Record Diesel Prices Raise Fears of Local Fuel Shortages
Even as U.S. diesel and gasoline prices soared in the wake of the U.S.-Israeli war with Iran, both fuels remained widely available, just more expensive. Now, a few station owners are saying they are out of diesel, though this appears to be an isolated problem for the moment. However, if the diesel and gasoline supply situation does not change, more and more stations may find themselves without one or both of these two crucial motor fuels. Proximity to supply is starting to matter more and more. For example, in Texas (where many refineries and oil…
Stocks, bonds climb as oil falls on US-Iran diplomatic hopes
The market's positive response to US-Iran diplomacy hints at potential long-term stability and reduced geopolitical risks affecting global assets.
CryptoBriefing•Estefano Gomez21 Sept
Hungary Asks U.S. to Waive Tariffs Over Russian Oil Purchases
Hungary is asking U.S. officials not to levy tariffs on the central European country which still buys Russian oil, in what could be a test for the new Hungarian leader who won a landslide election victory over President Trump’s ally Viktor Orban earlier this year. U.S. lawmakers last week passed the so-called “Lindsey O. Graham Sanctioning Russia and Iran Act of 2026,” which authorizes and expands statutory sanctions, tariffs, and prohibitions on Russia and extends existing sanctions on Iran. The bill was signed into law by U.S.…
Trump will use UNGA to paint himself as the world’s peacemaker even as he stokes war in Iran
The President faces a tough sell to convince the world’s leaders that he and the US are on the right side of history amid a week of foreign policy-focused events in New York and Washington, writes Andrew Feinberg
- critical toward Donald Trump · 99%
Why the Iran-Backed Houthis in Yemen and Saudi Arabia Are Back at War
The conflict has opened a second front in the Middle East after the United States and Israel attacked Iran, adding to global uncertainty and turmoil in energy markets.
The New York Times•Vivian Nereim and Ismaeel Naar21 Sept
Fed will need to be ‘aggressive’ on inflation, says top official
Austan Goolsbee voices concern that price growth is being fuelled by ‘overheating demand’ on top of Iran supply shock
Iran implements remote work to tackle energy crisis amid economic strain
Iran's focus on domestic energy measures highlights internal economic challenges, reducing likelihood of imposing Hormuz transit fees soon.
CryptoBriefing•Estefano Gomez21 Sept
The Secret Houthi-U.S. Deal That Could Push Saudi Arabia Back to Beijing
Back at the start of the U.S.’s ‘Operation Epic Fury’, OilPrice.com predicted three courses of action that Iran would take as it moved through the conflict escalation gears. First, most obviously, although apparently not to President Donald Trump’s team, was to close the Strait of Hormuz to cause oil, liquefied natural gas (LNG) and refined products prices to soar -- check. Second, was to launch attacks on Saudi Arabian oil infrastructure via the Tehran-backed Yemeni Houthis to further inflate energy prices and undermine…
How an economic squeeze is changing everyday life and work for Iranians
Iran’s government is trying to change some work patterns to help save on fuel and energy amid struggles and shortages.
Al Jazeera21 Sept
Houthis say US ships won’t be targeted in Red Sea
The Iran-backed Houthi rebels in Yemen have reportedly reassured the Trump administration that they won’t attack U.S. ships in the Red Sea. Senior Houthi official Mohamed al-Bukhaiti told The Associated Press that the administration reached out to his group earlier this month after Houthis took several towns and islands along Yemen’s western coast, crucial to controlling the…
The Hill•Ellen Mitchell21 Sept
France: Government hosts energy meeting amid fuel price tensions
The French government is holding urgent meetings today as it looks for ways to tackle rapidly rising fuel prices. Drivers are paying record-high prices for diesel, as the war in Iran disrupts crude oil shipments from the Middle East. But with public discontent growing, the government has limited options, as France’s finances are already under pressure. This report is from Bryan Quinn and our colleagues at France Télévisions.
Iran's early attacks on Bahrain caught Navy families and sailors by surprise
The scale and duration of Iran's response appeared to take the U.S. goverenment by surprise, three sources who were in Bahrain at the time told CBS News, in part because families hadn't yet been required to evacuate.
Senate Republican on Iran war: ‘I think we’ll be out of there in about 6 months’
Sen. John Kennedy (R-La.) predicted Sunday the U.S. will be “out of” Iran in six months, as the conflict approaches the seven-month mark. While stumping for Sen. Pete Ricketts (R-Neb.) in Nebraska, Kennedy acknowledged the war has resulted in price increases for oil and fertilizer. But the Louisiana Republican argued the U.S. has so far…
The Hill•Max Rego21 Sept
Midterm elections: Trump looms large over 2026 vote as Democrats eye gains
With the US midterm elections now just six weeks away, we’ll speak to our Washington correspondent Fraser Jackson about whether President Donald Trump could help or hurt his party’s chances. Polls have pointed to what some are calling a “blue wave”, with Democrats potentially regaining control of the House, while the Senate race remains more uncertain. Trump has ramped up campaigning, including spending heavily on advertising and proposing $5,000 payments to voters who support Republicans. But with his approval ratings under pressure amid the war in Iran and the Middle East, and rising oil, gasoline and commodity prices compared with before he took office, the political landscape could still shift significantly in the coming weeks.
Iran’s IRGC declares ongoing conflict with US, ready for prolonged engagement
The IRGC's stance exacerbates regional instability, diminishing prospects for diplomatic resolutions and impacting global economic confidence.
CryptoBriefing•Estefano Gomez21 Sept- critical toward Islamic Revolutionary Guard Corps · 99%
Gulf states urge reset with Iran as conflict drags on
United Arab Emirates calls for ‘new mindset’ while Qatar advocates for regional ‘security framework’
Trump calls rising gas prices “inexpensive price” amid Iran conflict
Rising fuel costs highlight the complex trade-offs in geopolitical conflicts, impacting economic stability and market expectations globally.
CryptoBriefing•Estefano Gomez21 Sept- neutral toward Donald Trump · 97%