Iranian Missiles and Drones Hit UAE
High fuel prices and ongoing Middle East conflicts are causing cascading economic effects in Thailand. Citibank research indicates that further increases in domestic gasoline and diesel prices in China could disrupt consumer demand. The report notes that current price trends represent signals of shortages rather than evidence of a decline in the fossil fuel system. Analysts suggest actual demand destruction will only occur if prices rise significantly beyond early April levels. The Iran crisis has increased prices and is expected to push up energy costs, according to the British Retail Consortium. Jim Bly, Corporate Affairs Director of the British Retail Consortium, stated that concerns are focused on costs and prices rather than availability. The discussion included representatives from the Middle East Response Committee and the Bank of England.
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Developing
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Sources · 7 independent
“With the situation in the middle is still dragging on and fuel prices remaining high, we are seeing a cascading effect on display in many aspects of life, including at this fish market here in Samut Sarkon.”
“the cost of ship insurance has become very expensive... this is one of the problems in trade”
“Citibank said in a research report that China's domestic gasoline and diesel prices... if they rise further, it will cause actual demand destruction. Currently, it is just a signal of shortage, not evidence of the fossil fuel system declining.”
“Citibank said in a research report that if China's domestic gasoline and diesel prices rise further, it will cause actual demand destruction.”
“Currently it is just a signal of shortage, not evidence that the fossil fuel system is declining.”
“Citibank in a research report said that China's domestic gasoline and diesel prices... if they rise further, it will cause actual demand destruction. Currently, it is just a signal of shortage, not evidence that the fossil fuel system is declining.”
“Clearly, the Iran crisis has pushed up prices and will push up the price of energy in particular. So we're more concerned about costs and prices than we are about availability.”
“Er hat ganz gewiss kurzfristig Vorteile von diesem hohen Ölpreis. Russland stand ja Anfang des Jahres vor einer schweren Budget-Krise mit einem riesen Defizit”
“Donald Trump says Iran is on the verge of collapse, and on Tuesday, oil prices surged in global markets.”
“3 شمبه قیمت نفت در بزارهای جهانی جهش کرد”
“les Emirats arabes unis ont été très fortement frappés par les missiles et les drones iraniens. Et en particulier, leur population civile seulement 10% des cibles concernaient des installations militaires.”
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