Hit Iranian

Members reportedly agree rise of 206,000 barrels a day in May but move symbolic with strait of Hormuz effectively closedMiddle East crisis – live updatesIranian drones struck Kuwait’s oil infrastructure on Sunday, causing “severe material damage” that threatened to further disrupt oil supplies already hit by the US and Israel’s war with Tehran.It came hours before members of the Opec+ group that represents major global oil suppliers gathered to discuss how to bolster output despite Iran’s effective closure of the crucial strait of Hormuz shipping route. Continue reading...

The attack came hours after Donald Trump threatened to ‘obliterate’ Iran’s energy plants and oil wells unless it opened the strait of Hormuz. Plus, Israel to give death penalty to Palestinians convicted of lethal attacksGood morning.Iran attacked and set alight a fully loaded crude oil tanker anchored at Dubai port, causing damage to the vessel’s hull, in the latest strike on merchant vessels in the Gulf and the strait of Hormuz. The fire was extinguished within hours and no injuries were reported.What has Trump said about the war’s end? He has continued to give mixed messages, threatening to destroy Iran’s energy facilities unless it agrees to peace terms – while simultaneously claiming diplomatic progress in ending the war the US started together with Israel. Iran has accused the US of using diplomacy as a smokescreen to prepare for more attacks.Which countries are most vulnerable to economic shocks? The Philippines, which imports almost all of its crude oil from the Middle East, is particularly exposed to surging prices, which have triggered protests and widespread anger.Why now? The government of Iran, which the US has attacked, is a prolific and sophisticated disinformation actor, while Russian and Chinese influence operations continue to target US allies globally.How would the embassies do it? They have been told to use local influencers, academics and community leaders abroad to make US-funded narratives feel more organic. Continue reading...