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Keywords: Iran war


China aluminum exports set to surge amid Gulf supply disruption

Global buyers are turning to China for aluminum as supply disruptions linked to the war in Iran tighten markets in the Gulf. Analysts cited by Bloomberg expect Chinese exports to rise sharply in the coming months as production outages in the region, which accounts for about 9 percent of global aluminum......

Norway gains $5 billion windfall as Iran war reshapes Europe energy

Norway has generated roughly 5 billion dollars in additional revenue since the start of the war in Iran, as disruptions to global energy supply boosted oil prices and demand from Europe. According to The New York Times, the surge reflects Norway’s growing role as a key energy supplier to European......

Oil dips as Iran war accelerates global shift to renewables

The war in Iran, now in its seventh week, has disrupted roughly 20 percent of global oil supply passing through the Strait of Hormuz and pushed energy prices to levels not seen since 2022. Yet the crisis is also accelerating a structural shift toward renewable energy, with analysts saying the transition......

Trump attacks UK energy policy over North Sea drilling ban

Donald Trump sharply criticized the United Kingdom’s energy strategy, urging the government to expand oil production in the North Sea and calling its restrictions on new exploration “absolutely crazy.” In a post on Truth Social, Trump argued that Europe faces an energy shortage while......

Germany solar surge cuts gas demand amid Iran war shock

Germany’s solar power output is set to rise sharply this summer, reducing reliance on natural gas as energy markets face disruption from the war in Iran. Data from BloombergNEF shows solar generation in Europe’s largest electricity market will average about 16.5 gigawatts between April and......

Iran war accelerates global shift toward China-led energy future

The war in Iran and disruptions to oil and gas flows through the Strait of Hormuz are reshaping global energy markets, with China positioned to benefit most. In a Substack post published on April 13, Paul Krugman warned that rising geopolitical tensions are pushing energy-dependent economies away from......

Oil shock widens inflation gap between emerging and developed markets

The oil shock from six weeks of U.S.-Iran war drives consumer prices higher in advanced economies, while much of the developing world stays sheltered, widening inflation divergence and reshaping global bond outlooks. Heading into 2026, emerging market inflation stabilized near central bank targets, backed......

China's Q1 GDP growth forecast to rebound to 4.8% despite Iran war risks

China's economy gained momentum in the first quarter of 2026, but economists warn the ongoing Iran war could drag growth for the rest of the year as energy costs rise and global demand weakens. A Reuters poll of 50 economists published Monday projects gross domestic product expanded 4.8 percent year-on-year......

Super El Niño threat compounds Iran war risks to global food supply

The growing probability of a powerful El Niño event later this year is adding pressure to an already fragile global food system, as conflict in Iran continues to disrupt fertilizer supplies through the Strait of Hormuz. Economists and climate scientists warn that the combination of supply chain......

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