Kraken3d ago

🔴 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

MarketForces AfricaJun 5

World growth prospects have been hurt by the oil crisis prompted by the US-Iran war, Fitch Ratings says in its latest Global Economic Outlook (GEO).

https://dmarketforces.com/oil-crisis-hits-world-growth-outlook-forecasts-revised-down/

#OilCrisis

Oil Crisis Hits World Growth Outlook, Forecasts Revised Down

World growth prospects have been hurt by the oil crisis prompted by the US-Iran war, Fitch Ratings says in its latest Global Economic Outlook

MarketForces Africa
Voteinorout 🇺🇸Jun 4
Gas prices could soar to over $7 a gallon in the next six to eight weeks, warns Exxon Mobil's Neil Chapman. This potential spike is linked to oil prices possibly reaching $160 per barrel due to historically low inventory levels. #GasPrices #OilCrisis⁠
⁠
Despite increased oil production, the U.S. is consuming and exporting more than it produces, depleting the buffer. This supply-demand imbalance co... https://instagr.am/p/DZKrGZTFZrd/
voteinorout on Instagram: "Gas prices could soar to over $7 a gallon in the next six to eight weeks, warns Exxon Mobil's Neil Chapman. This potential spike is linked to oil prices possibly reaching $160 per barrel due to historically low inventory levels. #GasPrices #OilCrisis⁠ ⁠ Despite increased oil production, the U.S. is consuming and exporting more than it produces, depleting the buffer. This supply-demand imbalance could lead to stagflation, as middle and lower-income groups adjust their consumption due to rising costs. "We're producing with a buffer; when that buffer goes away, we're in trouble," Chapman noted.⁠ ⁠ Comment LINK (on instagram) and we will DM you the link to @nathancjun https://www.instagram.com/reel/DZFR7IDgiCV/⁠ ⁠ --⁠ ⁠ explaining what would happen if oil hit $160/barrel due to rapidly growing oil inventory shortages.⁠ ⁠ Follow @nathancjun for more. Help this information get to more voters. 🇺🇸 A well-informed electorate is a prerequisite to Democracy. - Thomas Jefferson"

4 likes, 0 comments - voteinorout on June 4, 2026: "Gas prices could soar to over $7 a gallon in the next six to eight weeks, warns Exxon Mobil's Neil Chapman. This potential spike is linked to oil prices possibly reaching $160 per barrel due to historically low inventory levels. #GasPrices #OilCrisis⁠ ⁠ Despite increased oil production, the U.S. is consuming and exporting more than it produces, depleting the buffer. This supply-demand imbalance could lead to stagflation, as middle and lower-income groups adjust their consumption due to rising costs. "We're producing with a buffer; when that buffer goes away, we're in trouble," Chapman noted.⁠ ⁠ Comment LINK (on instagram) and we will DM you the link to @nathancjun https://www.instagram.com/reel/DZFR7IDgiCV/⁠ ⁠ --⁠ ⁠ explaining what would happen if oil hit $160/barrel due to rapidly growing oil inventory shortages.⁠ ⁠ Follow @nathancjun for more. Help this information get to more voters. 🇺🇸 A well-informed electorate is a prerequisite to Democracy. - Thomas Jefferson".

Instagram
SpritBankal²Jun 2
L’Iran menace de fermer le détroit d’Hormuz et coupe les discussions avec Washington.
Le monde joue à la roulette russe avec le pétrole et la guerre totale.
#Iran #USA #Hormuz #OilCrisis
NatJun 1
#iran #iranwar #uspol #oil #oilcrisis #diesel #food #foodcrisis #economy #trump #fascism #collapse #usa #us
Aubreader MastoMay 30

Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher

https://www.cnbc.com/2026/05/28/oil-inventory-exxon-strait-hormuz-iran-war.html

> The price of physical Brent oil cargoes will spike to $150 to $160 per barrel once inventories hit all-time lows, Exxon executive Neil Chapman said.

#OilCrisis

WYM ModMay 29
Witness the impact! When the Iran war in February shut the Strait of Hormuz, global trade ground to a halt, sparking a devastating energy shock. CNBC unveils a stark visual guide to this critical oil chokepoint. See the full breakdown of this ripple effect. https://www.cnbc.com/strait-of-hormuz-shutdown-a-visual-guide-to-worlds-key-oil-chokepoint/ #StraitOfHormuz #GlobalEnergy #OilCrisis
NatMay 24

Don't go back to "normal" this time.

https://buttondown.com/impureleftist/archive/dont-go-back-to-normal-this-time/

1/5

#writersofmastodon #oil #oilcrisis #writing #writingcommunity #newsletter #writers #community #covid #covidisntover #iran #uspol #worldpol #maskup #solidarity #collective #kyriarchy #patriarchy #oppression #whitesupremacy #capitalism

Economics PerspectiveMay 23

IMF Projects 3.3% Growth for 2026, But Warns Oil Spike Could Cut Global Output 0.2%

At a Tokyo policy symposium, IMF’s Kristalina Georgieva projected 3.3% global growth for 2026 but warned of oil shocks, geopolitical risks, and demographic shifts. She urged fiscal buffers and agility, noting AI could boost Asia’s growth 0.8 points annually.

Read Full- https://economicsperspective.com/worldnews/OilSpike-CouldCut-Global-Output/

#oilcrisis #geopolitics #demographicshifts #AI #imf #globalnews #news #internationalnews

KrakenMay 22

🟡 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