Oil
US will not renew waiver on Iranian oil as it mounts pressure on Tehran, sources say
The waiver, which the Treasury Department issued on March 20, allowed some 140 million barrels of oil to reach global markets and helped relieve pressure on energy supply during the war with Iran.
Saudi Arabia asks US to end Hormuz blockade amid worries of possible Houthi retaliation - WSJ
Food shortages and rising costs: UN agency warns of global food crisis if Hormuz remains blocked
IMF warns of potential global recession if Iran war worsens in latest economic outlook report
IDF kills Iranian ballistic missile chief, US strike targets key supply bridge in Tehran
US strike targets a major highway bridge connecting Tehran to Karaj, with a source saying the strike was intended to disrupt Iranian supply routes used to transport missile and drone components.
Gulf states consider bypassing Strait of Hormuz with new oil pipelines via Haifa - FT
The Financial Times reported that the Gulf states aim to create a new network of pipelines, roads, and railways to stop relying on the Strait of Hormuz.
Bahrain's Strait of Hormuz resolution runs into fresh obstacles at UN
Bahrain's initial draft had explicitly invoked Chapter VII of the UN Charter, which allows the Security Council to authorize measures ranging from sanctions to military force.
Exposing the hidden forces in the Iranian war
Shir Perets debunks viral claims and examines the narratives driving the conversation around Israel and the war.
Iran war 'shock' is dimming outlook for many economies, IMF says
The International Monetary Fund warned that the war in Iran was causing a global, but asymmetric shock and leading to tighter financial conditions.
Netanyahu: 'Only long-term solution for Hormuz crisis is rerouting pipes to Mediterranean'
"Long-term solutions include rerouting energy pipelines westward, across Saudi Arabia to the Red Sea and Mediterranean, bypassing Iran's geographic choke point," Netanyahu told Newsmax.
Trump again warns Iran to open Strait of Hormuz or risk US strikes on oil wells, power plants
Trump also threatened to attack Kharg Island and the desalination plants that supply clean water in Iran.
Oil is Trump‘s Achilles heel: The Iran war is being fought at the gas pump - opinion
The world’s largest oil producer is being held hostage by Iran’s blockade of a 21-mile-wide chokepoint as President Donald Trump decides how to deal with the strait’s closure.
Your Taxes: The Iran war’s commercial impact
The latest Iran war is having an economic impact on the world economy. If less fuel is available to the world through the Strait of Hormuz, it means less travel and fewer petroleum products.
US-Iran war pushes India to rekindle old friendship with Russia
Delhi and Moscow are deepening their energy cooperation, with both sides agreeing to prepare for Russia to resume direct sales of liquefied natural gas.
