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Oil Industry Grapples with the Fallout from US-Israel War With Iran
Global energy leaders have been jolted by the enormity of what the U.S.-Israel war with Iran means for their business ...
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reinheitsgebot
Joined 2006/11/29Visited 2026/03/26
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US must reopen Strait of Hormuz to cut spiking energy prices, oil chief says[image or embed] -- Politico (@politico.com) Mar 24, 2026 at 8:20 PM
US must reopen Strait of Hormuz to cut spiking energy prices, oil chief says[image or embed]
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The dissatisfaction threatens to doom Republicans' attempts to keep control of Congress in this year's midterm elections.
Oh common. Can we please drop the pretenses? Traditional media is dead by their own hand.
#1 | Posted by jpw at 2026-03-25 01:49 PM | Reply
Nationalize the gd oil industry
#2 | Posted by hamburglar at 2026-03-25 07:54 PM | Reply
Big oil got us into the two Bush Iraq wars, into this Iranian war...and so on and so on, they see that all the oil under Middle East sand belongs to them...when the Iranians nationalized their own oil we murdered their democracy and installed the murderous Shah.
#3 | Posted by Hughmass at 2026-03-26 07:47 AM | Reply
This is NOT what big oil wanted, mostly because the bombing has destroyed billions of infrastructure used by oil companies to move, process and refine crude oil. Of course, Der Dotard scarcely asked for or listened to input from oil executives (See also: Rex Tillerson), yet those folks are finding out what happens when they support a mentally ill criminal insurrectionist and golf cheat...
#4 | Posted by catdog at 2026-03-26 08:17 AM | Reply
Nothing gets fixed in this country without Campaign Finance reform.
#5 | Posted by morris at 2026-03-26 12:48 PM | Reply | Newsworthy 1
#5 | Posted by morris
Almost every problem in america can be traced back to private campaign funding.
#6 | Posted by SpeakSoftly at 2026-03-26 12:57 PM | Reply
Brent crude is the more significant global benchmark for determining gasoline prices. Currently at $107+.
$4+ gas is coming everywhere. Got my 100 "I did that" stickers in the mail this week, Trump pointing to the right. My wife gassed up this morning and left a couple; one pointing to the total and the other to the price per gallon.
He did that all by himself. Inflation is going to rise significantly on top of already higher prices thanks to Trump's tariffs. Everything we buy is shipped and delivered on trucks that use diesel. $6 a gallon so far around here. And rising. Just like the prices on everything are now thanks to the "NO MORE ENDLESS WARS" Dotard and his tariffs.
U.S. Stocks Have Their Biggest Drop Since Start of Iran War Stocks on Wall Street suffered their largest daily decline since the start of the war with Iran on Thursday, falling as oil prices rose sharply after President Trump raised the pressure on Iran to accept terms to end the war.The index fell 1.7 percent Thursday, its biggest daily decline since January, putting the index on course for its fifth straight week of losses for the first time in four years.
Stocks on Wall Street suffered their largest daily decline since the start of the war with Iran on Thursday, falling as oil prices rose sharply after President Trump raised the pressure on Iran to accept terms to end the war.The index fell 1.7 percent Thursday, its biggest daily decline since January, putting the index on course for its fifth straight week of losses for the first time in four years.
#7 | Posted by AMERICANUNITY at 2026-03-26 05:03 PM | Reply
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