Asian nations brace for fuel shortages, civil unrest as oil prices continue upward spiral
Oil prices continue to fluctuate as the Strait of Hormuz, a crucial waterway through which a fifth of the world’s crude typically passes remains shut and the war shows no signs of relenting.
Muyu Xu is a senior crude oil analyst at Kpler and she told Al Jazeera that uncertainty around the direction the war is taking means oil prices are likely to remain high.
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35 Comments
Two Iranians in the middle of the night drifts mines into Strait of Hormuz on a foggy night. There are SO MANY ways Iran can keep ships out. Artillery, mortars, drones, missiles.. Russia is sending weapons!! The entire Perisan Gulf is in range. Try to put yourselves into the workers on these ships! My next door neighbor is one and he refuses to go to work as he has a wife and kids and does not want to die…FOR WHAT!!!??? No ship is going in AND out until the workers are GUARANTEED they will not die! <–good luck fixing THIS! Dumbest administration in US History, expect BIGLY mistakes ahead! The Strait of Hormuz is CLOSED PERMANENTLY!
Why is Al Jazeera paid by Qatar and run by whites and Chinese?
Are Qatarese too dumb to run a media themselves?
India is on a buying spree. It's getting oil and gas from Iran, Russia and US making it hard for the rest of the Asian countries to keep up. India is paying over premium price and diverting ships.
Al fake Jazeera english you are not telling the crisis of oil shortage in US and Europe and zionst epsteins Israeli and the prices that are already exploding sky high.
the french gov has always said that some 40% of the oil facilities in the gulf coast states have been destroyed, since the redhat gop republican donald trump started and illegal military operation at the command of idf war criminal netanyahu in turn we have seen 20+ days of the idf bombing oil depots inside Iran and Iran striking back at other gulf coast nations that trade money or oil with the idf colony. hmm hmm Those facilties will take years to rebuild. plus this illegal war is still dragging on. 26th of March 2026. The price goods will go up since well every nation needs crude oil as a energy supply for transportation. Like ships, planes and even trucks.
Preemptive striker shattered world economy all looses except. MAGA,,
MY ASSETS GREATER AGAIN,INSIDER OR OUT SIDER STORY ASK ESRAILLIS,TWO IN ONE.
as long as the Arabs are still puting their money in the S&P500. they are digging their own grave.
It will.last 1 year minimum!!!
Thank God I live in San Diego, CA. We don't have Fuel Shortages, just price gouging $7+ USD gallon of gasoline
finally some good news for usahel
China is going to make sure that they get all the refined products they need and more. Everyone else will do without not China.
As long as US was controlling oil supply, refining, routes, etc., people running Al Jazeera had no problems.
Poor filipinos 😂😂😂 ask your Daddy for oil 🛢️
How is the world going to save themselves from trumps money making war machines 😮
The market price for oil is no way near the price which oil is settled for.
That price is payed outside the market and is much higher.
And probably done outside of USD 😉
Which is the main reason we have a war in the first place 🙂
Maybe the affected countries could re-evaluate their relationship with those behind the war (US/Isr/UK/Ger), which is also an attack on their own economies.
YouTube, we left troops for the oil. Now he realise Iran 🇮🇷 is not Venezuela. Exodus is imminent. The hundred 💯 years of the EZEKIEL prophecy comes to the end. Iran 🇮🇷 to free Palestine and establish the permanent peace to the world 🌎
2:38 “civil unrest” is a bit of a stretch girl
India, China, both are profiting from the misery of the Iranian people!
O Allah, thank you for giving us a gay, one-legged, comatose Supreme Leader
Every country should mind their business atleast for a set period to fix everything. Especially Netanyahoo and Trumppp.
Epsteiners want to control poor countries' economies by hitting energy infrastructure and making energy problems for the world.
Look at chue (mirror mirror) you been pushed out the way and reduced to nothing
The philippines just received its firstcrude oil delivery from russia today. Govt is buying 2million barrels in a span of 2 weeks. More supplies are coming in from other sources as well
whats with the giant notice on the ladies face ??? Dont you have common sense ?
It’s irritating that every updates rehashes same old info, fir3 werks they say 20% of worlds oil goes though Hormuz. It’s just irksome.
Very good no Oil
Asian and European nations should have joined the disarmament of the IRGC. It was a mistake for them to sit back and mock Trump when they were invited.
Meanwhile, we should free the 9,000 Palestinian hostages in Israel's vile prisons before they are executed. Open the border to Gaza. Their crisis is far greater than anyone else's.
Blame the evil and pedophile zionist bastards for bombing Iran.
2:00 Australia is now an Asian country???
Americans, please do something about your president. Meanwhile, Asian countries affected like Philippines, Japan and others should end our alliance with the United States and remove all US bases in the country.
Right wing Japan kissed Trump’s behind and now is going to find out about their foolish mistake. Failing, desperate country, led by an unqualified dummy.
This is how WW2 started. USA cut off oil to Japan August 1941-led to Pearl Harbour attack.
Regime change America and Israel… and Russia will make the world a better place..