global energy markets
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Afghanistan
Food Transport Costs to Afghanistan Triple Amid Regional Oil Shock
DID Press: UN World Food Programme (WFP) says the cost of delivering food assistance to Afghanistan has nearly tripled following rising regional instability and disruptions in global energy markets. According to WFP officials, the escalation in oil prices—linked to heightened…
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Economy
Russia Accuses US of Ignoring Intl Conventions to Protect Strategic Interests
DID Press: Sergey Lavrov, foreign minister of Russia, has accused the United States of abandoning established diplomatic principles and international conventions in pursuit of its national interests, particularly in efforts to dominate global energy markets. Speaking to Russian state television,…
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Economy
Reuters: India to Resume Iranian Oil Purchases
DID Press: Indian refineries are planning to resume oil imports from Iran following recent developments in the global energy market, According to Reuters. The decision comes after the United States issued a temporary license allowing certain countries to purchase Iranian…
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Economy
Iran Conditions Hormuz Oil Passage on Yuan Payments
DID Press: CNN, citing a senior Iranian official, reports that Iran is considering allowing a limited number of tankers to transit the Strait of Hormuz, provided all oil transactions are conducted in Chinese yuan. Currently, the majority of global oil…
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Government
IRGC Claims Full Control of Strait of Hormuz
DID Press: According to Fars News Agency, citing the Islamic Revolutionary Guard Corps (IRGC), Iranian forces have taken full control of the Strait of Hormuz. The Strait of Hormuz is one of the world’s most critical energy chokepoints, with a…
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