Bahrain
Latest reporting and analysis focused on Bahrain.
After Cost-of-Living Protests in France, Macron Secures Additional 200,000 Tons Per Month of Diesel From UAE and Bahrain
France 24 English, citing the French presidency, reported that Macron secured a commitment from the UAE and Bahrain to provide France with a combined additional 200,000 tons of diesel per month while visiting key energy suppliers in the Gulf. The aim was to increase France's oil and diesel supplies and lower domestic prices after violent weekend protests over rising living costs. The report did not disclose the duration, price, delivery schedule or retail impact, and the additional supply cannot
Truth Era Newsroom · 0 viewsU.S. and Israel Wage War on Iran, Yet Washington Relaxes Russia Sanctions to Lower Fuel Costs
Al Jazeera English reported that after the United States and Israel launched a war against Iran on Feb. 28, Iran effectively closed the Strait of Hormuz, driving up oil prices and intensifying pressure on U.S. fuel costs. Amid consumer complaints and with the Nov. 3 midterm elections approaching, Washington eased restrictions on Russian energy and suspended new sanctions. Citing Reuters calculations, Al Jazeera said that by April, revenue from Russia’s largest single oil tax had nearly doubled t
Truth Era Newsroom · 1 viewsHormuz Standoff Escalates: US Military Aids Gulf Oil 'Shuttle' Exports, Iran Threatens UAE Digital Infrastructure
The Islamic Revolutionary Guard Corps has designated as strike targets the oil shuttle transport system established by US Central Command to help Gulf states export oil via a southern corridor through Omani waters. Senior Iranian security officials have threatened to attack US-linked data centers, submarine cables, and artificial intelligence facilities in the UAE and around the Strait of Hormuz. Disrupted transport and surging freight rates are passing the costs of the war on to consumers world
Truth Era Newsroom · 3 viewsUS-Iran Mutual Attacks on Merchant Ships Hit Six-Month War High; Hormuz Strait Traffic Plummets to One-Quarter of Pre-War Level
Iran claimed on Wednesday to have attacked 10 vessels near the Hormuz Strait in retaliation for the US sinking 5 Iranian oil tankers. Brent crude futures broke through $100 per barrel for the first time since July. Daily Strait traffic fell sharply from the pre-war 8-9 million barrels to about 2 million barrels. The US announced a standing policy of striking Iranian oil tankers to counter threats to US ships, with at least one crew member killed and retail diesel prices hitting a record high.
Truth Era Newsroom · 37 viewsU.S. Military's Sustained Strikes on Iranian Oil Tankers Reshape Gulf Landscape, Global Energy Lifelines Bear Chain Impacts
According to NPR, U.S. Central Command announced on September 8 that it had destroyed five Iranian oil tankers near the Gulf of Oman and Iran's Kharg Island. Iran retaliated by attacking a U.S. Air Force base in Jordan. The conflict has pushed Brent crude prices back above $100 per barrel. Gulf Arab states, whose territory hosting U.S. forces has become a target of attack, are beginning to seek closer defense relationships with external powers. The Pentagon has not disclosed details of base dama
Truth Era Newsroom · 31 views