"Oil companies set to make €24 billion in excess profits from European drivers this year"
#Hormuz #FossilFuels #Capitalism #EU #UE #Europe #EUPol #Cars #Energy #Climate #Oil
"Iran war sparks renewables boom as Europeans rush to buy solar, heat pumps and EVs...
French online used-car retailer Aramisauto [saw] its EV sales almost double between the middle of February and 9 March...
German renewable energy firm Enpal BV tells Bloomberg that inquiries for solar panels and heat pumps have risen by around 30 per cent"
#IranWar #Hormuz #Solar #EV #BEV #Renewables #Energy #Climate #EU #UE #Europe
New spike of Ford, VW, Vauxhall cars scrapped for April 2026 'tax trap' - updated list
#Iran strikes fully loaded #Kuwait #OilTanker off #Dubai coast
Authorities in Dubai said Tuesday morning they “contained” a Kuwaiti #oil tanker after it came under attack from Iran. Officials said there was “no oil leakage & no injuries reported.” The Dubai Media office earlier said a drone hit the Kuwaiti tanker in Dubai waters.
#environment #TrumpsWar #IranWar #US #Israel #Iran #law #geopolitics #MiddleEast #inflation #economy #CostOfLiving #energy #EnergyCrisis
https://apnews.com/live/iran-war-israel-trump-03-31-2026
#Trump has sought to reassure Americans, saying the crisis is temporary, but he has also described the run-up in fuel costs as a small price to pay for his #war aims.
…Experts say the price of #oil — & the price of #gasoline — won’t meaningfully drop until supplies can again flow freely out of the Persian Gulf through the #StraitOfHormuz.
#TrumpsWar #IranWar #ForeverWars #US #Israel #Iran #law #geopolitics #MiddleEast #inflation #economy #affordability #CostOfLiving #energy #EnergyCrisis
Average #Gasoline Price Hits $4 in #US
A month since the first US - #Israel attacks on #Iran & its response, has effectively shut off Persian Gulf #oil.
Although the US isn’t dependent on oil from the #MiddleEast — where attacks during the #war have hit production & storage facilities — domestic prices have nevertheless surged because of how interconnected global #energy markets are. #Gas last eclipsed $4 a gallon after #Russia invaded #Ukraine in 2022.
#Trump #economy
https://www.nytimes.com/2026/03/31/business/gas-prices-4-dollars-gallon-iran.html?smid=nytcore-ios-share
#Großbritannien setzt verstärkt auf #Steckersolar und will mit #Balkonkraftwerken die #Energiepreise senken.
Die Labour-Regierung plant, Plug-in-#Solaranlagen für Haushalte zu erleichtern und orientiert sich dabei an deutschen Regelungen. Künftig sollen auch Neubauten mit #Solardach und #Wärmepumpe ausgestattet werden. Noch bremsen technische Vorgaben den Markt. Händler wie #Lidl und #Amazon stehen aber schon bereit. 😁