THE NEW YORK TIMES: Oil and gas prices surged and stock markets fell, after U.S. and Israeli officials signaled that strikes on Iran would intensify. As the conflict widened, Israel’s military stepped up operations against Iran-backed Hezbollah, which fired rockets into Israel.
Global stock markets tumbled on Tuesday and the price of oil surged, as the widening conflict in the Middle East sent a shudder through the world economy and American and Israeli officials signaled that their bombing campaign against Iran could last weeks.
President Trump was set to meet with Chancellor Friedrich Merz of Germany in Washington on Tuesday morning, the president’s first meeting with a foreign leader since the war began, and the two were expected to speak with reporters. The meeting was long planned, but is likely to be dominated by discussions of the attacks on Iran, which continued for a fourth day.
With Iran retaliating for the killing of its supreme leader, the U.S. Embassy in Saudi Arabia warned of imminent drone and rocket attacks in Dhahran, the eastern city that is home to Saudi Aramco, the government-controlled oil producer, threatening to put more pressure on global oil supplies. The embassy itself was hit by a drone attack early Tuesday, a day after a drone struck the U.S. embassy in Kuwait, prompting the United States to announce that it was closing both facilities.
Fighting escalated between Israel and Iran-backed Hezbollah in southern Lebanon. The Israeli military said that it was carrying out additional strikes in Iran, and had targeted weapons storage facilities in Beirut, the Lebanese capital, as Hezbollah said it had fired attack drones at Israel. Israel’s advance in southern Lebanon prompted fears that it could be weighing a wider ground assault similar to the one it launched during its yearlong war with Hezbollah that ended in late 2024. Iran Live Updates » | Aaron Boxerman, Helene Cooper and Yan Zhuang | Tuesday, March 3, 2026
Showing posts with label gas. Show all posts
Showing posts with label gas. Show all posts
Tuesday, March 03, 2026
Wednesday, July 20, 2022
Europe Concerned over Energy Crunch If Russia Cuts Gas Deliveries | DW News
EU-Kommission will im Notfall Sparzwang für Gas: Das kündigte die Kommission am Mittwoch an. Zunächst sollen die Mitgliedstaaten ihren Verbrauch jedoch freiwillig um 15 Prozent verringern »
Wednesday, March 30, 2022
Germany Warns on Gas Supply over Russia Payment Row
BBC: Germany has declared an "early warning" over possible gas supply disruption amid a payments stand-off with Russia.
Russia has demanded "unfriendly" countries pay for its gas in roubles, but the EU, which mainly pays in euros, has rejected the idea.
On Wednesday, German economy minister Robert Habeck urged consumers and companies to reduce consumption in anticipation of possible shortages.
Germany gets about half its gas and a third of its oil from Russia.
Berlin has pledged to reduce its dependence on Russian energy over time but warned it could face a recession if supplies stopped suddenly.
Under an existing gas emergency plan, the "early warning phase" is the first of three steps designed to prepare the country for a potential supply shock.
In its final stage, the government would bring in gas rationing. » | Wednesday, March 30, 2022
Russia has demanded "unfriendly" countries pay for its gas in roubles, but the EU, which mainly pays in euros, has rejected the idea.
On Wednesday, German economy minister Robert Habeck urged consumers and companies to reduce consumption in anticipation of possible shortages.
Germany gets about half its gas and a third of its oil from Russia.
Berlin has pledged to reduce its dependence on Russian energy over time but warned it could face a recession if supplies stopped suddenly.
Under an existing gas emergency plan, the "early warning phase" is the first of three steps designed to prepare the country for a potential supply shock.
In its final stage, the government would bring in gas rationing. » | Wednesday, March 30, 2022
Thursday, March 20, 2014
Inside Story: Oil and Gas: At What Price?
Friday, March 07, 2014
Putin Mocks the West and Threatens to Turn Off Gas Supplies
Vladimir Putin has mocked diplomatic efforts to end the Ukraine crisis as Russia threatened to disrupt European gas supplies by cutting off sales to Kiev over its unpaid debts.
The Russian president said through his official spokesman that, despite deep disagreements with the West, he did not want a confrontation over Ukraine to spiral into a “new cold war”.
Nevertheless Dmitry Peskov ridiculed Western demands for direct talks between the Kremlin and the new Kiev government, claiming that the loss of credibility involved “puts a smile on our face”.
The remarks were broadcast during the opening ceremony of the Paralympic Winter Games in Sochi, where the Ukrainian athlete carrying her national flag was given a loud cheer.
Earlier, Gazprom, Russia’s state-owned energy giant, said it would start to reduce deliveries to Kiev, a move that would disrupt supplies to Europe. Gazprom said Ukraine had failed to make payments on its £1.2 billion debts. » | Damien McElroy, Donetsk | Friday, March 07, 2014
Friday, March 18, 2011
BANGOR DAILY NEWS: BREWER, Maine — As the world watches Japanese officials struggle to stabilize nuclear power plants damaged by the major earthquake and tsunami last week, Californians are going online to order gas masks and chemical suits from Brewer, according to Maine Military Supply owner Frank Spizuoco.
“Hundreds of gas masks daily are going out the door,” he said Thursday. “It’s pretty crazy. It reminds me of the frenzy after 9-11.”
People in California are ordering gas masks and related gear, including chemical suits, jackets, gloves, pants and boots, Spizuoco said. » | Nok-Noi Ricker, BDN Staff | Posted: Thursday, March 17, 2011; Friday, March 18, 2011
Thursday, February 24, 2011
THE WALL STREET JOURNAL: WASHINGTON—The government of Col. Moammar Gadhafi hasn't destroyed significant stockpiles of mustard gas and other chemical-weapons agents, raising fears in Washington about what could happen to them—and whether they may be used—as Libya slides further into chaos.
Tripoli also maintains control of aging Scud B missiles, U.S. officials said, as well as 1,000 metric tons of uranium yellowcake and vast amounts of conventional weapons that Col. Gadhafi has channeled in the past to militants operating in countries like Sudan and Chad.
Current and former U.S. officials said in interviews that Washington's counterproliferation operations against Libya over the past decade have scored gains, in particular the dismantling of Tripoli's nascent nuclear-weapons program and its Scud C missile stockpiles. But the level of instability in Libya, and Col. Gadhafi's history of brutality, continues to make the U.S. focus on the arms and chemical agents that remain, they said.
"When you have a guy who's as irrational as Gadhafi with some serious weapons at his disposal, it's always a concern," said a U.S. official. "But we haven't yet seen him move to use any kind of mustard gas or chemical weapon" during the unrest. >>> Jay Solomon | Thursday, February 24, 2011
Tuesday, June 22, 2010
WELT ONLINE: Der Gasstreit eskaliert: Weißrussland will die für Westeuropa wichtigen Transitleitungen für russisches Gas abdrehen.
Im Gasstreit mit Russland hat die weißrussische Regierung angeordnet, den Transit von Gas nach Europa zu stoppen. Der autoritäre weißrussische Präsident Alexander Lukaschenko habe die Sperrung der Pipelines verfügt, meldete die Agentur Interfax aus der weißrussischen Hauptstadt Minsk.
Der russische Staatskonzern Gazprom schulde Weißrussland 260 Millionen US-Dollar (rund 212 Millionen Euro) für das Durchleiten von Gas nach Westen, sagte Lukaschenko. Von der Blockade wäre besonders das EU-Mitglied Litauen betroffen, da das baltische Land zu 100 Prozent über diesen Weg versorgt wird. >>> dpa/AFP/dma | Dienstag, 22. Juni 2010
Tuesday, August 25, 2009
TIMES ONLINE: British and other Western expatriates living in Libya were warned in April that they faced serious repercussions if the Lockerbie bomber died in his Scottish prison.
“Word went out that there could be reprisals . . . . We were told not to go into the centre of Tripoli,” said one of the thousands of Westerners who are helping to develop Libya’s oil and gas fields. “Everybody went ‘eek!’. It’s so unpredictable here. You don’t know what’s going to happen. It could be something or it could be nothing.”
The expats were not told what the reprisals might be were Abdul Baset Ali al-Megrahi to die in Scotland, but the tale of a Swiss citizen called Max Goeldi may be instructive. Mr Goeldi has spent much of the past year holed up in Switzerland’s largely deserted embassy, unable to leave Libya and too frightened to set foot on the streets of Tripoli.
A visit yesterday by The Times to the high-walled embassy in a quiet residential street in the Libyan capital was interrupted at the door when two unsmiling men in a white car pulled up and asked our translator what we were doing. He fled. The men drove off when the embassy’s sole diplomat opened the gate, but the latter politely refused requests to see Mr Goeldi.
Mr Goeldi’s story — and that of the Swiss in Libya in general — demonstrates what the regime of Colonel Muammar Gaddafi can do if angered by countries that covet its oil, gas and lucrative development contracts. >>> Martin Fletcher in Tripoli | Tuesday, August 25, 2009
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