From the jet fuel used in bombing raids to acrid smoke from burning oil depots, the conflict in the Middle East is inflicting a significant toll on nature and the climate.
Pierre-Henry DESHAYES, with Adrien DE CALAN in Brussels AFP
Updated
Already the continent's biggest single supplier of natural gas since Russia invaded Ukraine, Norway is hoping to use the Middle East war to get European Union blessing to drill in the Arctic.
(The Center Square) – President Donald Trump said Friday he is considering a temporary suspension of shipping regulations that govern energy, agricultural and other cargoes moved between U.S. ports as prices for crude oil, gasoline and diesel fuel continued to push higher on the 13th day of the U.S.-Israeli conflict with Iran.
Oil prices stayed over $100 per barrel Friday while stock markets slid, with no end in sight to disruption in crude supplies as war rages on in the Middle East.
Britain's energy minister warned petrol retailers Friday that the government would not tolerate "unfair practices" amid a row over rising fuel prices sparked by the Middle East war.
The surge in energy prices triggered by the conflict in the Middle East has significantly strengthened the dollar, paradoxically undermining US President Donald Trump's economic objectives.
Moscow said on Friday that the global energy market "cannot remain stable" without its oil, piling pressure on Washington to lift more sanctions as the Middle East war strangles supplies.
