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Items tagged with: Oil
#Trump says #US delegation is heading to #Pakistan for more #Iran talks despite accusing Tehran of violating the #ceasefire agreement in #StraitOfHormuz
#IranWar #TrumpsWar #MafiaState #WarCrimes #RegimeChange #RulesOfWar #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #inflation #economy #affordability #CostOfLiving #oil #energy #EnergyCrisis
apnews.com/live/iran-war-israe…
#SCOTUS agreed Friday that #energy companies facing lawsuits over #environmental damage to Louisiana’s #coast from #oil & #gas production can move the challenges from #state courts into friendlier #federal venues.
The ruling is a significant victory for oil companies, led by #Chevron & #ExxonMobil, in their legal battle with #Louisiana state officials over who should pay for the state’s #coastal #erosion. The companies have been supported by the #Trump admin.
The justices unanimously agreed to allow the #oil companies to fight the lawsuits in #federal court rather than #state court.
“Congress has long authorized federal officers & their agents to remove suits brought against them in state court to federal court,” Justice #ClarenceThomas wrote.
#law #climate #ClimateChange #ClimateCrisis #environment #PublicHealth #habitats #wildlife #FossilFuels #money
The case, #Chevron USA Inc v #Plaquemines Parish, LA, focused on a narrow question: whether the #oil companies could remove cases over #environmental damage from #state to #federal court. But the case has been closely watched by litigants in other #climate lawsuits because state courts are generally thought to be more receptive to people who sue over damages caused by #ClimateChange, including activists & state officials.
#law #ClimateCrisis #PublicHealth #wildlife #FossilFuels #money
“Justice” #ClarenceThomas explained that the #oil company had cleared the bar required to move the case into federal court because the lawsuit dealt with oil production in #Louisiana dating back to WWII, when #Chevron refined crude oil into aviation #gasoline for the #US #military.
He wrote that Chevron had shown that its #wartime production of crude oil related to its wartime aviation-gasoline refining for the military, a #federal priority.
#Iran has re-imposed restrictions on #StraitOfHormuz, accusing the #US of violating deal to reopen it
Iran has reversed course on reopening the Strait of Hormuz, warning that it would continue to block transit through the narrow waterway as long as the US #blockade of Iranian ports remained in effect.
#IranWar #TrumpsWar #Trump #WarCrimes #RegimeChange #RulesOfWar #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #inflation #economy #oil #EnergyCrisis
apnews.com/live/iran-war-israe…
Video shows ships turning away from the #StraitOfHormuz as confusion persists over whether sea lane is really open
#FactCheck #TrumpLies #TrumpsWar #IranWar #US #Iran #Israel #war #ForeverWars #Trump #Netanyahu #WarCrimes #RegimeChange #RulesOfWar #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #inflation #economy #affordability #CostOfLiving #oil #energy #EnergyCrisis
cnbc.com/2026/04/17/iran-trump…
Video shows ships turning away from the Strait of Hormuz as confusion persists over whether sea lane is really open
The Strait of Hormuz remained effectively closed despite Iran's declaration Friday that it is open, maritime freight and oil analysts told CNBC.Spencer Kimball (CNBC)
🤬🤬🤬🤬🤬🤬
#SCOTUS Sides With #Oil Companies in #Louisiana #Coastal Lawsuits
The companies had asked the justices to clear the way to move #environmental lawsuits out of #state courts, to friendlier #federal venues.
#law #climate #ClimateChange #ClimateCrisis #environment #PublicHealth #MarineWildlife #FossilFuels #money
nytimes.com/2026/04/17/us/poli…
"The Financial Times has reported that #Canada’s #oil producers are in line to land $90 billion in windfall profits due to the #Iran war." sethdklein.substack.com/p/urge…
#uspoli #cdnpoli #BigOil #ClimateCriminals #WarMachine #CapitalismKills
Urgent need for a windfall profits tax on oil and gas
How to prevent the fossil fuels corporations from making a killing on this illegal war, and put the revenues to better useSeth Klein (Seth Klein / Emergency Measures)
"As much as most Americans may see the Iran war as a deadly dangerous & costly fiasco driven by a reckless madman, don’t doubt that Vance knows who stands to gain from it. Several days ago, The Guardian documented the windfall this war is providing to the top 100 oil and gas companies, which are making more than $30 million per hour and could pocket an estimated $234 billion in extra profits this year."
~ Beschloss
#Trump #JDVance #Iran #war #oil #gas #EconomicElites
americaamerica.news/p/why-shou…
Why Should JD Vance Worry?
Despite his growing collection of obvious failures on the global stage, he's reveling in his imaginary, near-divine status within the power eliteSteven Beschloss (America, America)
#House #Republicans Thursday narrowly blocked a challenge to Trump’s #authority to continue #combat operations in #Iran, fending off a Democratic-led effort to halt the #war even as bipartisan frustration grows over a conflict that has dragged on for weeks without congressional consent.
#TrumpsWar #IranWar #US #Trump #law #Congress #WarPowers #NationalSecurity #WarCrimes #MiddleEast #inflation #economy #affordability #CostOfLiving #oil #energy #EnergyCrisis
apnews.com/article/iran-war-tr…
#Hegseth Says #US Is Poised to Resume Combat if Talks Fail
Defense Secretary Pete Hegseth urged #Iran leaders to “choose wisely” & threatened more attacks, even as the war’s economic toll puts pressure on #Trump.
#MafiaState #TrumpsWar #IranWar #war #WarCrimes #RegimeChange #RulesOfWar #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #inflation #economy #oil #energy #EnergyCrisis
nytimes.com/live/2026/04/16/wo…
Whoa
#Europe has “maybe 6 weeks or so (of) jet fuel left,” the head of the International #Energy Agency said Thursday in an AP interview, warning of flight cancellations “soon” if #oil supplies remain blocked by the #IranWar.
IEA Exec Dir Fatih Birol painted a sobering picture of the global repercussions of “the largest #EnergyCrisis we have ever faced,” stemming from the pinch-off of oil, #gas & other vital supplies through the #StraitOfHormuz.
#Iran Threatens Retaliation Over #US #Blockade
Iran’s armed forces said they would attempt to expand their influence over sea lanes beyond the #StraitOfHormuz if the US military continued to block Iranian shipping.
#IranWar #TrumpsWar #Trump #MafiaState #piracy #WarCrimes #RegimeChange #RulesOfWar #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #inflation #economy #affordability #CostOfLiving #oil #energy #EnergyCrisis
nytimes.com/live/2026/04/15/wo…
When you can't blame Biden anymore:🚨"TSY Sec #Bessent wants to blame that service station down the road for high gas prices rather than blaming the guy who started an #IllegalWar that caused #oil prices to skyrocket. Joe at the loc gas station didn't start any #war."
-M Jacob
SB: We'll be looking at TSY to keep the retail gas stations honest. 'You did this on the way up, you better be doing this on the way down
SE: That sounds like a warning
SB: I'm sure everybody will be a good actor
#USPol
Marketwatch say today's drop in oil prices is speculation on a peace treaty.
It's certainly not a reaction to conditions on the water, which are unclear at best (the US say they blocked all Iranian-bound ships through the Strait, tracking agencies tracked four Iranian ships making it through, etc).
The IEA have a paper out projecting demand destruction of around 700,000 bbd in oil consumption this year vs projections, turning an expected growth in consumption to a small actual decline, which I consider good news. That's price- and availability-dependent, but some is baked in already.
It _feels_ like traders are convincing themselves this'll blow over soon. Whether they're right, well - we'll see.
#oil #OilPrices #IranWar #StraitOfHormuz
#War in the #MiddleEast has upended the #world #economy, the #IMF said Tues, warning in a report that disruptions to #oil markets could slow growth, fuel #inflation & raise the possibility of a global #recession.
The sober message came after the #GlobalEconomy had largely weathered a #pandemic, #Russia’s war in #Ukraine & soaring inflation without tipping into a recession. But #Trump’s decision to initiate a war in #Iran has stopped the world economy in its tracks.
#Oil #prices remain lower than their recent highs reached last week before #Trump called off his threat of mass devastation in #Iran & agreed to #ceasefire discussions.
But with a failure to reach a lasting ceasefire agreement & the clock ticking down to yet another deadline, oil prices are now trading higher than where they settled on April 1. That was just before Trump’s disastrous primetime address in which he failed to detail an exit strategy for the #war.
#Oil #prices rise after #Trump threatens to block passage through #StraitOfHormuz
#BrentCrude, the international benchmark, was up 8%, at about $102. #US #crude was up 8% to $104.
Dow futures sank 1.04%, or 502 points. S&P 500 futures were down 1%, & Nasdaq futures declined 1.15%.
#idiocracy #kakistocracy #TrumpsWar #IranWar #Iran #war #RulesOfWar #law #Congress #WarPowers #NationalSecurity #inflation #economy #affordability #CostOfLiving #oil #energy #EnergyCrisis
cnn.com/2026/04/12/business/oi…
#US Central Command has announced that it will begin a blockade of #Iran #ports on Monday at 10AM ET.
#CENTCOM said the blockade would be “enforced impartially against vessels of all nations” entering or departing Iranian ports & coastal areas.
It said it would still allow ships traveling between non-Iranian ports to transit the #StraitOfHormuz.
#idiocracy #Trump #IranWar #war #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #inflation #economy #oil
apnews.com/live/iran-war-israe…
Remember how #Vance said he was in constant communication with #Trump?
Well, Trump was at a #UFC fight in Miami while #Iran talks collapsed.
On his way to Florida, Trump said it did not matter to him if a deal with Iran was reached or not: “We win, regardless,” he said.
#idiocracy #kakistocracy #TrumpsWar #IranWar #WarCrimes #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #inflation #economy #affordability #CostOfLiving #oil #energy #EnergyCrisis
nytimes.com/2026/04/11/us/poli…
Is this him pretending he has somehow ‘won’? Some countries are denied passage through the Straits, not all. #Oil
![A post on Lies Social - Trumps social media announcement place;
Great!!
Very cool seeing the wave of empty tankers heading to the US to pick up some desperately needed crude for Hormuz-starved markets.
All the tankers on the map below are empty VLCCs [2 million barrel capacity each] currently heading for the US Gulf coast.](https://friendica.hellquist.eu/photo/preview/640/5534591 "A post on Lies Social - Trumps social media announcement place;
Great!!
Very cool seeing the wave of empty tankers heading to the US to pick up some desperately needed crude for Hormuz-starved markets.
All the tankers on the map below are empty VLCCs [2 million barrel capacity each] currently heading for the US Gulf coast.")
"The University of Michigan Consumer Sentiment Index just dropped to 47.6 for April. During the height of COVID in March 2020, we never got anywhere near that low. During the 2008 financial crisis, the worst economic collapse in generations, we never saw numbers remotely close to this.
On top of that, the inflation numbers that came in this morning are brutal."
~ Ben Meiselas
#Trump #economy #inflation #oil #gas #airfares #ConsumerSentiment
/1
#Inflation Surges as Effects of the #IranWar Show in Prices
The #Consumer Price Index [#CPI] jumped 3.3% in the year through March, a 2-year high, reflecting higher costs for #energy & goods affected by disruptions in the #MiddleEast.
#TrumpsWar #US #Iran #Israel #war #Trump #law #Congress #WarPowers #geopolitics #NationalSecurity #economy #affordability #CostOfLiving #oil #EnergyCrisis
nytimes.com/live/2026/04/10/bu…
#trump #crisis #trade #oil #inflation #war #iran #deal #diplomacy #war #military #future #whitehouse #politics #government #usa #meme
♲ Joyce Donahue - 2026-04-08 17:41:34 GMT
Snopes: Fake News from Trump??
"Image claiming to show US airman rescued in Iran is fake. Here's the proof
In early April 2026, the U.S. said it conducted a rescue mission to retrieve two members of the Air Force downed in Iran."
#Russia #India #China #USA #Economy #Finance #Technology #Security #News #Iran #Israel #War #EU #NATO #Oil #Nuclear #Weapons #Trump #Warcrimes #Disgrace #Hegseth
snopes.com/fact-check/image-us…
Image claiming to show US airman rescued in Iran is fake. Here's the proof
An image authentically shows a U.S. Air Force officer rescued from Iran in early April 2026.Nur Ibrahim (Snopes.com)
$580M oil trades made minutes before Trump’s key Iran announcement draw scrutiny
In a narrow window between 6:49 a.m. and 6:50 a.m. New York time, traders placed roughly 6,200 Brent and West Texas Intermediate crude futures trades.Ariel Zilber (New York Post)
From Spain...
"Iran, Sánchez: “No applause for those who set the world on fire and then show up with a bucket of water”"
#Russia #India #China #USA #Economy #Finance #Technology #Security #News #Iran #Israel #War #EU #NATO #Oil #Nuclear #Weapons #Trump #Warcrimes
lapresse.us/world/2026/04/08/i…
Iran, Sánchez: "No applause for those who set the world on fire and then show up with a bucket of water" - Lapresse.US
Madrid (Spain), Apr. 8 (LaPresse) - Spanish Prime Minister Pedro Sanchez, who has firmly opposed the war against Iran waged by the United States and Israel, welcomed the achievement of a ceasefire in the Middle East but wanted to recall the responsib…Lapresse.US
That didn’t take long
#Iran halts #Hormuz #oil tanker traffic after Israel's #Lebanon attacks, Iranian media says
Iran has halted oil tanker traffic through the #StraitOfHormuz after #Israel attacked Lebanon, semi-official news agency Fars reported.
Pakistani PM Shehbaz Sharif said earlier that Lebanon was included in the ceasefire between Israel, the #US & Iran, but the Israeli military said attacks on #Hezbollah in Lebanon would continue.
#US & #Israel strikes hit #Iran #oil, #rail & #bridges ahead of #Trump deadline
Iranian envoy says Tehran will not “stand idle’ if Trump follows through on #WarCrime threats
Amir-Saeid Iravani, Tehran’s representative at the #UN, said that Trump’s threats earlier Tuesday that a “whole civilization will die” if Iran does not make a deal “constitute incitement to #WarCrimes & potentially #genocide.”
#TrumpsWar #IranWar #RulesOfWar #law #Congress #WarPowers #geopolitics
apnews.com/live/iran-war-israe…
#Trump says he’s “not at all” concerned about committing #WarCrimes as he continues to threaten destruction of Iran’s #bridges & #PowerPlants if they don’t meet a Tuesday-evening deadline to reopen the #StraitOfHormuz.
“I hope I don’t have to do it,” Trump added.
#deranged #sociopath #TrumpsWar #IranWar #US #Iran #war #RulesOfWar #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #inflation #economy #oil #energy #EnergyCrisis
The claim came as #Iran fired on targets across the region, setting Kuwait’s Mina al-Ahmadi #oil refinery one fire. The state-run #Kuwait Petroleum Corp said firefighters were working to control several blazes there.
Kuwait also said that an Iranian attack caused “material damage” to a #desalination plant. Such plants are responsible for most of the #DrinkingWater for Gulf states, & they have become a major target in the #war.
#IranWar #US #Israel #Trump #WarCrimes #geopolitics #MiddleEast
Tehran has kept the pressure on #Israel & its Gulf Arab neighbors, despite #US & Israeli insistence that Iran’s military capabilities have been all but destroyed.
Iran’s attacks on Gulf #energy #infrastructure & its tight grip on the #StraitOfHormuz, …have roiled stock markets, sent #oil prices skyrocketing, & threatened to raise the cost of many basic goods, including #food.
#TrumpsWar #IranWar #Iran #war #Trump #Netanyahu #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast
Spot prices of Brent crude #oil, the international standard, were around $109 Friday, up >50% since the start of the #war, when #Iran began restricting traffic through the #StraitOfHormuz.
Sirens also sounded in #Bahrain, #SaudiArabia said it had destroyed several Iranian drones, & #Israel reported incoming missiles.
Authorities in the #UAE shut down a #gas field after a missile interception reportedly rained debris on it & started a fire.
#IranWar #Trump #law #geopolitics #MiddleEast
US has voted to drive a whale (only 50 left) to extinction in Gulf of Mexico for oil.
#oil #whales #usa #greed #environment
I hate this timeline.
As a long time #climate campaigner... I almost feel like I should be hoping that the Iran/US war continues as long as possible so the price of oil and gasoline can go as high as possible and force economies to electrify and shift at emergency-speed to renewables.
We could have started on this the easy way 30 years ago... but a few of the same people objected and obstructed.
#IranUSIsraelWar #ClimateCatastrophe #ClimateWar #Oil #EndFossilFuels #ClimateCollapse #USA #CanPoli #CdnPoli
#Trump broke it, now the #EU has to fix it? Make it make sense 🤦🏼♀️
Military planners from about 30 nations will hold talks next week on making the #StraitOfHormuz #secure for shipping, the British government said Thursday, a day after Trump called on other countries to “build up some delayed courage” & reopen the crucial sea route.
#accountability #idiocracy #IranWar #US #Iran #Israel #war ##law #geopolitics #MiddleEast #inflation #economy #oil #energy #EnergyCrisis
nytimes.com/2026/04/02/world/u…
…Trump’s speech perpetuated the dissonance that has characterized the #IranWar from the start. In Trump’s first extended speech about the #war, delivered 32 days into it, he did not provide a clearer picture.
This is not the fog of war. It’s the fog of Trump’s rhetoric & perhaps his thoughts.
Opinion by Ramesh Ponnuru
#idiocracy #kakistocracy #TrumpsWar #US #Iran #Trump #WarCrimes #RegimeChange #law #WarPowers #geopolitics #NationalSecurity #economy #oil #EnergyCrisis
washingtonpost.com/opinions/20…
