#oilcrisis

🔴 InfrastructureAttack | 9/10 Blast at East-West Pipeline in Saudi Arabia A blast occurred at the East-West pipeline in Saudi Arabia. Consequently, the country has cancelled oil supplies to Europe. #OSINT #NewsGroup #SaudiArabia #EnergySecurity #OilCrisis

🔴 NavalAttack | 9/10 🇮🇷 🇦🇪 🇴🇲 Iranian missile attack on UAE tanker in Strait of Hormuz Iranian anti-ship missiles struck a UAE-owned tanker in the southern Omani corridor under US escort. The vessel is drifting and leaking, with oil prices surging toward $110 per barrel. #OSINT #NewsGroup #Iran #StraitOfHormuz #OilCrisis

🟢 Diplomacy | 6/10 🇮🇷 🇸🇦 🇺🇸 Shipping Blockade in Strait of Hormuz and US Tensions Iran refused to reopen the strait until US demands are met, leading to the postponement of a regional meeting and oil prices surging past $100. #OSINT #NewsGroup #Iran #OilCrisis #Hormuz

Why the #Iran war hasn’t caused a global #oilcrisis — yet https://grist.org/energy/why-the-iran-war-hasnt-caused-a-global-oil-crisis-yet/

🔴 NavalEngagement | 10/10 🇺🇸 🇮🇷 IRGC closes Strait of Hormuz to all vessels Khatam al-Anbiya Central Headquarters announced the immediate closure of the Strait of Hormuz to all vessels, including tankers and commercial ships, due to regional insecurity. 'Any transit will be hit,' the statement said. #OSINT #NewsGroup #StraitOfHormuz #IRGC #NavalBlockade #OilCrisis

🟡 Economic Impact | 7/10 🇮🇶 Iraq faces $9.5 billion monthly deficit due to Strait of Hormuz closure Iraq faces an estimated monthly financial gap of about $9.5 billion due to declining oil exports and the closure of the Strait of Hormuz. Oil export revenues fell from $6 billion in February to just over $1 billion. #OSINT #NewsGroup #Iraq #OilCrisis #StraitOfHormuz #EconomicImpact