In the midst of the ongoing US‑Iran war, **Donald Trump has sharply criticised NATO allies for not backing U.S. efforts to reopen the Strait of Hormuz, a key global oil transit route. Trump warned the alliance faces a “very bad future” if members refuse to support military action in the critical waterway, sparking debate over transatlantic unity and U.S. leadership.


Iran Claims Bushehr Nuclear Power Plant Struck For Third Time

In the midst of the ongoing US‑Iran war, **Donald Trump has sharply criticised NATO allies for not backing U.S. efforts to reopen the Strait of Hormuz, a key global oil transit route. Trump warned the alliance faces a “very bad future” if members refuse to support military action in the critical waterway, sparking debate over transatlantic unity and U.S. leadership. 


US-Iran War: Trump's Patience With NATO Runs Thin Amid Iran's Hormuz Chokehold

The Global Energy Market is Under Severe Stress. While US Officials Insist the Spike in Fuel Prices Will Be Temporary, Countries Across Asia and Europe Are Already Grappling With Shortages and Rising Costs.


Oil Shock Rocks Global Markets

Russian Deputy Prime Minister Alexander Novak on Friday instructed the energy ‌ministry ⁠to draft ⁠a resolution banning gasoline exports from April 1, the Russian government said.

The ⁠state-run TASS ‌news agency earlier ⁠reported that the ban would remain in place until July 31.

Russia Imposes Ban on Gasoline Exports For Producers

US President Donald Trump has postponed planned strikes on Iran’s energy infrastructure for 10 days, citing progress in negotiations. The delay comes amid escalating conflict, global oil concerns, and mixed signals from both sides. Talks continue, but uncertainty remains over whether diplomacy or military action will prevail.


US-Iran War: Trump Haults Strikes on Iran's Power Plants; Maintains Talks With Iran Ongoing

Iran has effectively turned the Strait of Hormuz into a strategic lever by restricting, rather than fully blocking, maritime traffic, creating a severe global oil supply crunch. By utilizing kinetic strikes, mines, and selective passage (allowing 90 ships but restricting others), Iran is forcing higher prices and controlling regional energy flow, prompting panic buying in Asia. 


Iran Turns Hormuz Into Strategic Lever With Control, Oil Supply Crunch Deepens

The Iran conflict has triggered one of the biggest oil supply disruptions in history, sending shockwaves across the global economy. From long queues at fuel stations to emergency measures by governments, the crisis is spreading rapidly across continents. With the Strait of Hormuz disrupted—handling nearly 20% of global oil supply markets are volatile, prices are rising, and economies are under pressure.


Oil Crisis Goes Global | Fuel Shortages, Panic Buying & Price Surge Explained

The Iran war is no longer just an energy story it’s now triggering a global food crisis. With fertiliser supply chains disrupted through the Strait of Hormuz, prices are surging and farmers worldwide are being forced to cut usage, threatening crop yields and food security. Experts warn that millions could be impacted as rising energy and fertilizer costs push food prices higher across the globe.


From Oil War to Food Crisis | How Iran Conflict Is Driving Global Hunger Risks

Californians paid only 59 cents a gallon for gas on Friday night at a time when the world is shelling out huge amounts to fill their tanks. Exxon Corporation has initiated an inquiry into the matter that caused major losses to the owners. 

Glitch causes California gas station to sell a gallon of fuel for just 59 cents during global oil crisis

The oil crisis caused by the Iran war has prompted the IEA to issue 10 guidelines that countries could follow to save fuel. One of them is pretty similar to India's odd-even scheme. Meanwhile, netizens are not happy and think it is just the same as the COVID-19 lockdowns. 

Iran War: India's odd-even scheme to fight pollution part of IEA's playbook to save fuel amid oil crisis

PM Narendra Modi assures India has sufficient crude oil reserves and a stable fuel supply despite disruptions caused by the ongoing West Asia conflict.

Narendra Modi says India has enough crude oil reserves- How much oil does India have?

Pakistan has canceled its Republic Day parade due to an escalating oil crisis and energy shortages. Authorities cite fuel constraints and rising costs as key reasons. The decision underscores the impact of the global energy crunch on national events, public celebrations, and state-level planning across the country.

Pakistan Cancels Republic Day Parade Amid Worsening Oil Crisis and Energy Shortages

The global oil crisis is deepening as supply chain disruptions hit energy markets worldwide. Rising uncertainty, logistical challenges, and production issues are driving volatility.

West Asia War: Oil Crisis Deepens as Supply Chain Disruptions Shake Global Energy Markets 

Iran has launched strikes targeting critical Gulf energy infrastructure after earlier attacks on its strategic South Pars gas field, marking a sharp escalation in the ongoing US-Iran war. The retaliation reportedly hit major oil and gas facilities across Saudi Arabia, Qatar, Kuwait, the UAE, and Bahrain, disrupting operations and raising fears of a wider regional energy conflict.


US-Iran War: Iran Hits Gulf's Critical Energy Grid After South Pars Strike

In a major policy shift amid the ongoing US-Iran war, the United States has temporarily lifted sanctions on Iranian oil already at sea to ease the global energy crunch triggered by the Strait of Hormuz crisis. The 30-day waiver could release nearly 140 million barrels of crude into international markets, aiming to stabilise soaring oil prices and reduce supply disruptions.


US-Iran War: US Sanctions on Iranian Oil At Sea to Ease Crisis

The closure of the Strait of Hormuz has thrown the maritime market into disarray.
The problem lies in how to calculate the cost of hiring an oil tanker when the trade route used to calculate benchmark prices is shut down.


Oil Tanker Market’s Key Rate Thrown Into Chaos

Fuel prices are surging worldwide as crude oil climbs above critical levels amid escalating geopolitical tensions. Nearly 20 percent of global oil supply faces disruption risks through the Strait of Hormuz, triggering a broad-based energy shock.


Global Energy Shock Begins Hitting Consumers

Wall Street closed sharply lower on Friday, with benchmarks posting steep losses as inflation fears intensified and geopolitical tensions escalated. Tech giants led the decline, while small-cap stocks confirmed a correction. Investors now brace for continued volatility amid rising oil prices and uncertainty over the federal reserve’s next move.
Take a look at this next report for more.

Stocks Sink as Inflation Fears Surge Again

The price of oil and natural gas soared, as escalating attacks in the Persian Gulf caused long-term damage to major energy facilities. The third week of the war is already reshaping the global energy market for years to come.
Qatar said Iran strike damage to its key gas plant will take years to repair.

Historic Divergence: Oil Prices Across Regions

India has escalated its energy security response amid the ongoing West Asia fallout.
In a significant move, the government has now classified energy data as a national security matter, mandating real-time disclosures across the oil and gas chain. This comes even as officials admit the war is impacting supplies, but insist there’s no price hike yet. So what’s really happening on the ground?

India Tightens Grip on Oil, Gas Data

Gas prices jumped to four-year highs and oil prices rose again after an escalation of attacks by Israel and Iran on gasfields heightened fears of prolonged disruption to international energy supplies.

QatarEnergy told Reuters on Thursday that Iran had damaged facilities that produced 17% of the state-owned company’s liquefied natural gas (LNG) export capacity and that it would take three to five years to repair them.

Oil Supply Disruption Far More Worse Than What Prices Suggest?

The conflict in the West Asia has triggered an unprecedented disruption in global energy flows but Iran continues to export oil. Despite heavy attacks and near-paralysis of shipping through the Strait of Hormuz, Tehran has managed to move millions of barrels of crude, largely to China. Washington says that they are allowing Iranian ships across Hormuz to maintain global oik flow. The Strait of Hormuz, which normally carries nearly 20% of the world’s oil supply, has seen tanker traffic collapse dramatically amid escalating conflict and repeated attacks on vessels.


US Says Allowing Iranian Ships Across Hormuz to Maintain Global Oil Supply

Iran may allow ships through Strait of Hormuz — but with a catch. Deets inside

A historic oil supply disruption is shaking global markets. Here’s why experts say this crisis could be worse than the 1973 oil embargo.

The biggest oil shock in history is unfolding — and it’s worse than 1973

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