❌

Reading view

What Is Driving Diesel Prices Up? Energy Chaos Caused by Two Wars.

President Trump recently blamed Ukrainian attacks on Russian refineries for causing a spike in diesel prices, but analysts say the Iran war is probably a bigger factor.

© Jeff Chiu/Associated Press

Diesel prices in the United States are up about 65 percent since Feb. 28, when the U.S.-Israel attacks on Iran began.
  •  

The Iran War Is Pushing Global Coal Use to Record Highs

Five years after virtually every world leader agreed to “phase down” the burning of coal for climate reasons, the fuel is more widely used than ever.

© Ahmad Mulia Panjaitan/Associated Press

Coal barges in East Kalimantan, Indonesia, last month.
  •  

Iran struck Amazon data centers again amid widening war, satellites show

Satellite images have revealed new damage to Amazon data centers in the Middle East along with at least one crucial Saudi oil facility, following missile and drone attacks by Iran and its Houthi allies.

The images from Europe’s Copernicus Sentinel-2 satellites provide evidence of a widening war as the United States and several Gulf states exchange military strikes with Iran, the Houthi faction in Yemen, and Iran-backed militias in Iraq. Such satellite images also offer independent verification of claimed war damage, despite the US government having pressured US commercial firms and even Europe to restrict satellite imagery of the region.

Three Amazon data centers in the United Arab Emirates and Bahrain were already previously damaged by Iranian drone strikes on March 1. Those earlier attacks stuck Amazon with months of expected repairs and forced Amazon Web Services customers in the Middle East to migrate workloads to other cloud regions.

Read full article

Comments

© Samuel Boivin/NurPhoto via Getty Images

  •  

The Iran War Just Put Another Key Oil Route at Risk

Attacks in the Strait of Hormuz during the Iran war have led Saudi Arabia to rely on an alternative route for exporting oil. Our reporter Rebecca F. Elliott explains how that route is now threatened by the Houthis, a Yemeni militia supported by Iran.
  •  

Tankers Sail Through Red Sea Despite Houthi Blockade

Dozens of ships continued to traverse the Red Sea this week, but with scattered disruption, uncertainty about the passage grows by the hour.

© Leanne Abraham/The New York Times

  •  

European Union grants US request to restrict satellite images of Iran War region

The European Union has begun delaying the release of satellite images showing shipping lanes near the Strait of Hormuz by 24 hours. The move comes in response to an earlier US government request and coincides with the Trump administration ramping up the war with Iran once again.

The unusual change in the free and open data policy for Europe’s Copernicus Earth observation program was revealed by Space News, which reviewed a copy of the decision made by the Council of the EU on July 13. The ordered delay applies to images taken by Sentinel-1 and Sentinel-2 satellites and covers the Gulf of Oman region that includes shipping lanes leading to and from the contested Strait of Hormuz.

The US government first requested that the European Union restrict Copernicus satellite imagery on May 26, according to the decision document seen by Space News. That request occurred during a shaky ceasefire period for the war that began on April 8 and ended on July 8, when the US military resumed a broader campaign of military strikes following an announcement by President Donald Trump.

Read full article

Comments

© European Union | Copernicus Sentinel-2

  •  

European Union grants US request to restrict satellite images of Iran War region

The European Union has begun delaying the release of satellite images showing shipping lanes near the Strait of Hormuz by 24 hours. The move comes in response to an earlier US government request and coincides with the Trump administration ramping up the war with Iran once again.

The unusual change in the free and open data policy for Europe’s Copernicus Earth observation program was revealed by Space News, which reviewed a copy of the decision made by the Council of the EU on July 13. The ordered delay applies to images taken by Sentinel-1 and Sentinel-2 satellites and covers the Gulf of Oman region that includes shipping lanes leading to and from the contested Strait of Hormuz.

The US government first requested that the European Union restrict Copernicus satellite imagery on May 26, according to the decision document seen by Space News. That request occurred during a shaky ceasefire period for the war that began on April 8 and ended on July 8, when the US military resumed a broader campaign of military strikes following an announcement by President Donald Trump.

Read full article

Comments

© European Union | Copernicus Sentinel-2

  •  

US launches 10th round of strikes as Iran says it is in ‘full-scale war’

Diplomats say de-escalation talks continue as Trump vows retaliation over US soldier deaths

The US military said it has launched its 10th consecutive round of strikes on Iran to force the reopening of the strait of Hormuz.

Earlier on Monday, Iran’s president said the country is in a “full-scale war” after the US expanded its aerial campaign and Tehran struck Washington’s Gulf allies, even as diplomats said talks to de-escalate were continuing.

Continue reading...

© Photograph: US Central Command (CENTCOM)/AFP/Getty Images

© Photograph: US Central Command (CENTCOM)/AFP/Getty Images

© Photograph: US Central Command (CENTCOM)/AFP/Getty Images

  •  

Will Oil Prices Rise as the US-Iran Truce Frays? The Answer Lies With China.

For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices.

© Agence France-Presse — Getty Images

A tanker at a crude oil terminal in Qingdao, China. Typically the world’s largest oil importer, China slashed purchases this spring.
  •  

US seeks cheaper hunter-killer drones after Iran destroys $1B worth of Reapers

The US military has lost dozens of Reaper drones collectively worth more than $1 billion while carrying out surveillance and attack missions over Iran. Now the Pentagon is seeking large numbers of cheaper drones that can perform such missions despite the expectation that many will be lost in combat.

In a call for industry pitches, the Defense Innovation Unit’s notice described the US military’s current reliance on drones and crewed aircraft, each costing more than $30 million, as being “unsustainable against adversaries utilizing layered defenses enabled by increasingly low-cost antiaircraft capabilities.” It envisions deploying more “cost-effective” drones to “overwhelm enemy air defenses even while experiencing numerous [drone] losses.”

That is, in practice, what Ukraine’s military has been demonstrating with its long- and mid-range strike campaign against Russian supply lines, oil refineries, and various energy or industrial targets within Russia or occupied Ukraine. The Ukrainian campaign has been overwhelming Russia’s overstretched air defense capabilities by launching hundreds of relatively inexpensive drones and missiles on a daily basis to attack targets far behind the frontlines, while continuing to damage or destroy Russia’s most sophisticated air defense systems.

Read full article

Comments

  •  

U.S. Oil Is Skipping the Chance to Grab Market Share From the Gulf

U.S. oil production is expected to grow only modestly next year as companies hesitate to spend more in an uncertain market.

© Arathy Somasekhar/Reuters

Smaller U.S. oil producers are starting to drill more wells, but big companies like Exxon Mobil and Chevron have said they are not changing their plans as a result of the war with Iran.
  •  

While the World Scrambles for Oil, China Sits on Full Tanks

The possible reopening of the Strait of Hormuz may not prompt China to return quickly to prewar levels of oil purchases from the Persian Gulf.

© Hector Retamal/Agence France-Presse — Getty Images

An oil refinery in Nanjing, in China’s eastern Jiangsu province, last month. Chinese companies kept their refineries running throughout the war.
  •  

The Oxford Institute Letting Climate Ideology Bias its Research

The Oxford Institute for Energy Studies is one of the world's most respected institutions in energy economics. But its ideological commitment to the 'climate emergency' is now damaging its research, says Dr Tilak Doshi.

The post The Oxford Institute Letting Climate Ideology Bias its Research appeared first on The Daily Sceptic.

  •  

Average U.S. Gas Price Falls Below $4 After U.S.-Iran Agreement

Drivers are enjoying some relief at the pump after the United States and Iran signed an agreement to reopen the Strait of Hormuz.

© Vincent Alban/The New York Times

Gasoline prices rose sharply after the start of U.S.-led war with Iran.
  •  

Gas Prices May Remain High Despite US-Iran Deal

The preliminary agreement may not have an immediate effect on prices at the pump. Damaged infrastructure and risky transport could keep costs up.

© Jenny Kane/Associated Press

Gas prices have soared since the start of the war with Iran.
  •  
❌