Topic
Business Iran UAE

Iranian blockade chokes fuel, food

5 months ago

Iranian strikes and a Strait of Hormuz blockade paralyzed Gulf gas and oil exports, driving global fuel and grain price increases and squeezing low-income households worldwide.

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Trump’s Iran War is Punishing America’s Working Class www.nytimes.com/2026/05/14/o...
Opinion | Trump’s War Is Punishing the Poor, Starting at the Gas Pump
www.nytimes.com
May 14, 2026 at 11:29 PM
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Geopolitical risks affect energy prices through energy uncertainty. doi.org/10.1016/j.eneco.202...
May 14, 2026 at 8:00 PM
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"Dangerously." Pause to reflect on a worldview that would lead you to be alarmed not by too many but too few implements designed for mass killing of people halfway around the world.
As the war with Iran pushes its munitions stocks to dangerously low levels, the Defense Department has not signed new contracts to replenish its supplies, according to two U.S. officials and two people familiar with the matter.
The Pentagon has no new munitions contracts amid concerns about a weapons shortage
Without a replenished stockpile, the Defense Department may not be able to sustain many more months of Middle East operations. And any new conflict in Asia could present significant challenges, source...
www.nbcnews.com
May 14, 2026 at 7:59 PM

Reposted by Daniela Gabor

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Reposted by Greg Linden

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This was my point when I wrote last month about this war being a kind of 'trap' - the cost to 'get out at any price' is so high that you can't get out.

The war could be easily started, but not easily ended.

acoup.blog/2026/03/25/miscellanea-the-war-in-iran/
Miscellanea: The War in Iran
This post is a set of my observations on the current war in Iran and my thoughts on the broader strategic implications. I am not, of course, an expert on the region nor do I have access to any spec…
acoup.blog
May 14, 2026 at 5:25 PM
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“Having accurately assessed the risk/reward balance of military action against Iran prior to the Feb 28 start of the conflict and calculated their own vulnerability of being caught in the middle there is no satisfaction in being proved right.” @kristianulrichsen.bsky.social
agsi.org/analysis/gul...
Gulf States Adjust to a New Normal - AGSI
Gulf capitals are facing immediate policy choices around how to restore order in a regional setting that is greatly changed – for the worse – as a result of the Iran war.
agsi.org
May 14, 2026 at 5:02 PM
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Why oil? Because worsening war news tends to threaten energy supply. That pushes oil prices up. So rising oil isn’t just about petrol; it’s a signal about geopolitical risk hitting the global economy.
May 14, 2026 at 4:54 PM

Reposted by Alex Callinicos

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My oped: the Iran war gasoline price hikes are walloping the working class in the United States. As summer driving season begins, US consumers are paying huge sums for a war that most of them didn't want. 🛢️

www.nytimes.com/2026/05/14/o...
Opinion | Trump’s War Is Punishing the Poor, Starting at the Gas Pump
www.nytimes.com
May 14, 2026 at 4:14 PM

Reposted by Mohammad Marandi

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What the war in Iran is really costing us.

(Spoiler: At least 10x what the White House admits, and possibly 100x.)
open.substack.com/pub/platypus...
What this war is really costing us (Director's Cut)
Lemme show you my math.
newsletter.platypuseconomics.com
May 14, 2026 at 12:42 PM

Reposted by Trita Parsi

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Reposted by Joe R. Feagin

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Oh look, fertiliser shortages caused by the Iran war have driven up costs for UK farmers by up to 70%.

#collapse
May 14, 2026 at 10:01 AM
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Iran war impact on gas, airfare from @cnn.com
May 14, 2026 at 8:22 AM
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History’s Greatest Energy Crisis could wreck the US
History’s Greatest Energy Crisis could wreck the US
Trump simply didn't know what Iran is, or its geographic and political relationship to the Gulf
dlvr.it
May 14, 2026 at 6:29 AM
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U.S. national average gas prices rising some more
to $4.54/gallon,
up 2 cents in last day,
up over $1.60 since start of IRAN WAR
May 14, 2026 at 5:41 AM