global oil supply – Charm

Iran too holds key ‘cards’, says Iran’s Parliament Speaker Ghalibaf

Cs news2 months ago03 mins

Tehran: Iran’s Parliament Speaker MB Ghalibaf on Monday said in a cryptic message that although US President Donald Trump claims he has all the cards, Iran, too holds quite a leverage. Ghalibaf, through a mathematical equation, explained that Iran’s supply equates demand by the US.In a post on X, he said, “They brag about the…

Oil poised for further gains as Middle East conflict threatens export facilities

Cs news4 months ago04 mins

Oil prices could extend gains at Monday’s open as the U.S.-Israeli war against Iran entered a third week, putting oil infrastructure at risk and keeping the Strait of Hormuz shut in the world’s largest supply disruption. U.S. President Donald Trump threatened further strikes on Iran’s Kharg Island oil export hub, drawing a defiant response of…