Trump: «Iranian ship hit and seized». Tehran «Ceasefire violated, we’ll react» | EUROtoday
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Iran: «We will quickly react to the blockade of our ship»
Iran guarantees to “respond soon” to the US seizure of a cargo ship that was trying to drive the blockade within the Gulf of Oman. “The armed forces of the Islamic Republic of Iran will soon react and adopt retaliatory measures against this act of armed piracy and against the American military”, writes the spokesman for Tehran’s General Staff on Telegram, accusing the USA of getting “violated the ceasefire”.
Trump: «Iranian oil tanker hit and seized»
US President Donald Trump stated the United States had seized an Iranian-flagged cargo ship close to the Strait of Hormuz. This is the primary interception since a naval blockade started final week. Trump claims the ship ignored warnings and was stopped by a US Navy destroyer.
IEA, international oil demand will contract by 80 thousand barrels per day in 2026
As the consequences of conflict within the Middle East proceed to disrupt oil markets, the International Energy Agency’s newest month-to-month report on oil markets reveals how the extreme provide shock is now weighing on international demand. According to the Report, international oil provide fell by 10% in March to 97 million barrels per day, attributable to assaults on vitality infrastructure within the Middle East and the collapse of transport visitors by means of the strategic Strait of Hormuz.
To mitigate the instant affect of those provide disruptions, shoppers and refiners have tapped oil provides. However, the place inventories should not adequate to totally fill the hole, demand has taken successful. In specific, Asian petrochemical producers have decreased manufacturing charges because of the depletion of uncooked supplies. Households and companies utilizing liquefied petroleum gasoline (LPG) have additionally been affected, whereas flight cancellations within the Middle East and components of Asia and Europe have led to a pointy drop in jet gasoline consumption. As a end result, the IEA report predicts that international oil demand will contract by 80,000 barrels per day this yr.
This contrasts with our earlier forecast, previous to the outbreak of hostilities, of world demand development of 850,000 barrels. The report highlights that whereas the state of affairs continues to evolve quickly, the resumption of standard flows by means of the Strait of Hormuz stays an important variable in assuaging strain on vitality provides, costs and the worldwide economic system. Even after the reopening of the Strait, it’ll take time for flows to normalize.
https://www.ilsole24ore.com/art/trump-colpita-e-sequestrata-nave-iraniana-teheran-violato-cessate-fuoco-reagiremo-AISDfVaC