Iran war strains Asian economies
7m
The war in Iran pushed global fuel prices higher, straining economies—especially in Asia where protests rose—and accelerating some governments’ moves toward cleaner energy.
U.S. Energy Secretary, welcome to the War on Cars
The trick to lowering gas prices is driving less, US energy secretary says
AAA said Labor Day travelers can expect the highest gas prices ever for this time of year. The national average for regular gas was $4.14 on Sunday.
www.businessinsider.com
September 17, 2026 at 1:37 PM
U.S. Energy Secretary, welcome to the War on Cars
#Politics #Economy #Trump
From @washingtonpost.com:
"The effects of the U.S.-led war on Iran are about to intensify in the form of huge jumps in the prices of gasoline and diesel, analysts predict."
Comment ... Trump blames Biden in 3, 2, 1 ...
wapo.st/4AixfnC
From @washingtonpost.com:
"The effects of the U.S.-led war on Iran are about to intensify in the form of huge jumps in the prices of gasoline and diesel, analysts predict."
Comment ... Trump blames Biden in 3, 2, 1 ...
wapo.st/4AixfnC
Gas prices are about to take a big jump, analysts say, with the worst still to come
The forecast of economic impacts beyond November’s midterms contrast with the Trump administration’s optimistic messaging.
wapo.st
September 17, 2026 at 1:03 PM
#Politics #Economy #Trump
From @washingtonpost.com:
"The effects of the U.S.-led war on Iran are about to intensify in the form of huge jumps in the prices of gasoline and diesel, analysts predict."
Comment ... Trump blames Biden in 3, 2, 1 ...
wapo.st/4AixfnC
From @washingtonpost.com:
"The effects of the U.S.-led war on Iran are about to intensify in the form of huge jumps in the prices of gasoline and diesel, analysts predict."
Comment ... Trump blames Biden in 3, 2, 1 ...
wapo.st/4AixfnC
Reposted by Mary Jane Curry
Rising gas prices have garnered a lot of attention, but diesel prices have also sharply increased recently amid mounting military tensions with Iran.
Why are diesel prices so much higher than regular gas?
Rising gas prices have garnered a lot of attention, but diesel prices have also sharply increased recently amid mounting military tensions with Iran.
bit.ly
September 17, 2026 at 12:30 PM
Rising gas prices have garnered a lot of attention, but diesel prices have also sharply increased recently amid mounting military tensions with Iran.
Trump & Vance's damage to the global economy.
Global Economy Is Running Out of Wiggle Room
Many countries blunted the most painful effects of the energy shock from the war in Iran. But prices remain elevated and risks are multiplying.
Global Economy Is Running Out of Wiggle Room
Many countries blunted the most painful effects of the energy shock from the war in Iran. But prices remain elevated and risks are multiplying.
Global Economy Is Running Out of Wiggle Room (Gift Article)
Many countries blunted the most painful effects of the energy shock from the war in Iran. But prices remain elevated and risks are multiplying.
www.nytimes.com
September 17, 2026 at 12:21 PM
Trump & Vance's damage to the global economy.
Global Economy Is Running Out of Wiggle Room
Many countries blunted the most painful effects of the energy shock from the war in Iran. But prices remain elevated and risks are multiplying.
Global Economy Is Running Out of Wiggle Room
Many countries blunted the most painful effects of the energy shock from the war in Iran. But prices remain elevated and risks are multiplying.
Reposted by Iikka Korhonen
According to the Deputy Chairman of the Russian Central Bank Zabotkin the conflict in the Middle East will bring inflationary pressures due to impact of higher energy prices on the global economy.
www.kommersant.ru/doc/8952806
www.kommersant.ru/doc/8952806
Заботкин назвал ближневосточный кризис проинфляционным фактором
Подробнее на сайте
www.kommersant.ru
September 17, 2026 at 10:49 AM
According to the Deputy Chairman of the Russian Central Bank Zabotkin the conflict in the Middle East will bring inflationary pressures due to impact of higher energy prices on the global economy.
www.kommersant.ru/doc/8952806
www.kommersant.ru/doc/8952806
This is what is frightening the fossil fuel industry and they are pushing anti-renewables narratives everywhere - anti-wind farms, anti-solar farms... and of course they find lots of useful idiots who want to fight some imagined culture war.
"This is the first time in more than 50 years that there has been no growth in India’s coal power over a two-year period, even as electricity demand grew overall."
www.carbonbrief.org/analysis-ind...
www.carbonbrief.org/analysis-ind...
Analysis: India’s power-sector emissions flat for two years due to clean-energy surge - Carbon Brief
A surge in clean energy has kept carbon dioxide (CO2) emissions in check across India’s power sector, with no growth from the first half of 2024 to the same period in 2026.
www.carbonbrief.org
September 17, 2026 at 9:37 AM
This is what is frightening the fossil fuel industry and they are pushing anti-renewables narratives everywhere - anti-wind farms, anti-solar farms... and of course they find lots of useful idiots who want to fight some imagined culture war.
"Energy price shocks and current account balances: Evidence from emerging market and developing economies" is available at Energy Economics: doi.org/10.1016/j.eneco.202...
September 17, 2026 at 9:30 AM
"Energy price shocks and current account balances: Evidence from emerging market and developing economies" is available at Energy Economics: doi.org/10.1016/j.eneco.202...
Reposted by Iikka Korhonen
Doubts grow about China's gas demand, as experience from one province shows.
*Gas plants are increasingly being used to balance intermittent renewables output instead of delivering baseload power."
www.bloomberg.com/news/article...
*Gas plants are increasingly being used to balance intermittent renewables output instead of delivering baseload power."
www.bloomberg.com/news/article...
China’s Gas Demand Outlook Clouded by Guangdong’s Power Shift
Electricity market reforms in one of China’s economic powerhouses could herald a more sweeping slowdown in the country’s demand for natural gas.
www.bloomberg.com
September 17, 2026 at 9:20 AM
Doubts grow about China's gas demand, as experience from one province shows.
*Gas plants are increasingly being used to balance intermittent renewables output instead of delivering baseload power."
www.bloomberg.com/news/article...
*Gas plants are increasingly being used to balance intermittent renewables output instead of delivering baseload power."
www.bloomberg.com/news/article...
Good points here that really should have been fully hammered throughout 2022, as per my research with Patrick and Lorenzo 👇
VdL is not framing this as climate policy, but effectively this is what this is (I am sorry if you still think that climate policy is tree hugging)
bsky.app/profile/fgen...
VdL is not framing this as climate policy, but effectively this is what this is (I am sorry if you still think that climate policy is tree hugging)
bsky.app/profile/fgen...
Some good energy stuff from von der Leyen in #SOTEU speech - including on electrification, renewables, grids, and lowering power prices for competitiveness. Alternative is to light €90B on fire on fossil fuel imports for each Hormuz-style crisis.
September 17, 2026 at 8:24 AM
Good points here that really should have been fully hammered throughout 2022, as per my research with Patrick and Lorenzo 👇
VdL is not framing this as climate policy, but effectively this is what this is (I am sorry if you still think that climate policy is tree hugging)
bsky.app/profile/fgen...
VdL is not framing this as climate policy, but effectively this is what this is (I am sorry if you still think that climate policy is tree hugging)
bsky.app/profile/fgen...
JUST PUBLISHED: "Geopolitical Risks and Energy Prices: Impacts of Russia-Ukraine Conflict" is available at doi.org/10.1016/j.enpol.202... Working paper version is available at dx.doi.org/10.2139/ssrn.558...
September 17, 2026 at 7:30 AM
JUST PUBLISHED: "Geopolitical Risks and Energy Prices: Impacts of Russia-Ukraine Conflict" is available at doi.org/10.1016/j.enpol.202... Working paper version is available at dx.doi.org/10.2139/ssrn.558...
Complete BS
#AlGore downplays #AI threats and touts its climate potential arguing that the technology could help in the effort to limit #globalwarming. It presented a “great opportuInity for further increasing the energy transition” by promoting #renewable power sources. www.ft.com/content/ba94... via @FT
Al Gore downplays AI threats and touts its climate potential
Former US vice-president argues in favour of technology to help with green progress
www.ft.com
September 17, 2026 at 6:25 AM
Complete BS
Welfare costs of oil price shocks increase across countries with oil dependency, monetary policy reaction to inflation, and intertemporal elasticity of substitution measures. dx.doi.org/10.2139/ssrn.497...
September 17, 2026 at 3:30 AM
Welfare costs of oil price shocks increase across countries with oil dependency, monetary policy reaction to inflation, and intertemporal elasticity of substitution measures. dx.doi.org/10.2139/ssrn.497...
so this is a bonanza for some specific parts of the Republican coalition, bad news for most other people (including Trump), and the kind of thing that starts to structurally change economies.
we've reached a new milestone- the U.S. average diesel price has hit $6.301/gal while gasoline is up to $4.355/gal. I expect both of these to jump noticably over the next 48 hours. diesel could hit $6.60/gal in a few days, surpassing the inflation-adjusted peak seen in 2022.
September 17, 2026 at 1:11 AM
so this is a bonanza for some specific parts of the Republican coalition, bad news for most other people (including Trump), and the kind of thing that starts to structurally change economies.
Reposted by Brendan Nyhan, David R. Miller
Trump on his Iran war: "You have a higher gas -- it's a very inexpensive price to pay for what we've done. Remember that. It's a little more. Frankly, even if it was a lot more."
September 17, 2026 at 12:23 AM
Trump on his Iran war: "You have a higher gas -- it's a very inexpensive price to pay for what we've done. Remember that. It's a little more. Frankly, even if it was a lot more."
Reposted by Simon Lester
Imagine US policy in the Middle East plunging the world into energy crisis?
IMAGINE?!
IMAGINE?!
September 17, 2026 at 12:04 AM
Imagine US policy in the Middle East plunging the world into energy crisis?
IMAGINE?!
IMAGINE?!
Darline Graham Nordone supports this. @drannieandrews.com doesn't.
Trump's war in Iran has reportedly cost every American household an additional $1,760 this year.
September 16, 2026 at 8:43 PM
Darline Graham Nordone supports this. @drannieandrews.com doesn't.
Reposted by David Darmofal
Trump's war in Iran has reportedly cost every American household an additional $1,760 this year.
September 16, 2026 at 8:41 PM
Trump's war in Iran has reportedly cost every American household an additional $1,760 this year.
Reposted by Marc Lynch
The impacts of the Iran war will intensify in the form of huge jumps in the prices of gasoline and diesel, analysts predict.
Attacks on Saudi Arabia’s East-West pipeline threaten to elevate what had been a shipping crisis into a broader disruption of oil.
Attacks on Saudi Arabia’s East-West pipeline threaten to elevate what had been a shipping crisis into a broader disruption of oil.
Analysts predict gas price jump, long disruption from damaged pipeline
The forecast of economic impacts beyond November’s midterms contrast with the Trump administration’s optimistic messaging.
www.washingtonpost.com
September 16, 2026 at 8:30 PM
The impacts of the Iran war will intensify in the form of huge jumps in the prices of gasoline and diesel, analysts predict.
Attacks on Saudi Arabia’s East-West pipeline threaten to elevate what had been a shipping crisis into a broader disruption of oil.
Attacks on Saudi Arabia’s East-West pipeline threaten to elevate what had been a shipping crisis into a broader disruption of oil.
by Amir Attaran
By next week, some Americans will be paying over $10 a gallon, and because the pumps can’t handle it, they’ll probably have to sell by the liter. Iran may succeed at making the USA metric.
September 16, 2026 at 8:01 PM
By next week, some Americans will be paying over $10 a gallon, and because the pumps can’t handle it, they’ll probably have to sell by the liter. Iran may succeed at making the USA metric.
The Iran War is out of control. Gas prices are about to hit record highs. Families are struggling to make ends meet. The threat of AI looms.
But Republicans already delivered tax cuts for corporations and billionaires — so Mike Johnson is sending the House home.
"Promises made, promises kept."
But Republicans already delivered tax cuts for corporations and billionaires — so Mike Johnson is sending the House home.
"Promises made, promises kept."
September 16, 2026 at 5:45 PM
The Iran War is out of control. Gas prices are about to hit record highs. Families are struggling to make ends meet. The threat of AI looms.
But Republicans already delivered tax cuts for corporations and billionaires — so Mike Johnson is sending the House home.
"Promises made, promises kept."
But Republicans already delivered tax cuts for corporations and billionaires — so Mike Johnson is sending the House home.
"Promises made, promises kept."