gulf war

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Welt·13.06.2026KI-Zusammenfassung

US and Iran to sign memo ending Persian Gulf war as early as June 14

Iran's Foreign Ministry spokesperson stated that a memorandum of understanding to end the war with the US will not be signed tomorrow, contrary to earlier claims by Pakistan, the mediator. While the exact signing date is uncertain, Iran's spokesperson did not rule out the possibility of it happening in the coming days. The memo was reportedly set to be signed as early as June 14 in Geneva, with US President Trump having previously canceled a new round of attacks on Iran.

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Arturo Gonzalo Aizpiri: "The energy cost of the Gulf war for Europe is 500 million euros a day"

In Entwicklung

Business·23.05.2026KI-Zusammenfassung

Arturo Gonzalo Aizpiri: "The energy cost of the Gulf war for Europe is 500 million euros a day"

Enagás CEO Arturo Gonzalo Aizpiri discusses Europe's energy crisis, the role of gas infrastructure, and the company's strategic shift towards hydrogen. He highlights the significant economic impact of the Gulf conflict on Europe and emphasizes the importance of infrastructure for energy security and diversification.

El Mundo

Kuwait Halts Oil Exports for First Time Since 1991 Gulf War Amid Strait of Hormuz Closure

EILMELDUNG

Energy·03.05.2026KI-Zusammenfassung

Kuwait Halts Oil Exports for First Time Since 1991 Gulf War Amid Strait of Hormuz Closure

Kuwait exported zero barrels of crude oil in April 2026, the first such halt since the 1991 Gulf War, after Kuwait Petroleum Corporation declared force majeure on April 17. The suspension followed the closure of the Strait of Hormuz amid the US-Israeli war with Iran, which began in late February. Kuwait's output has fallen from 2.7 million bpd to approximately 1.2 million bpd, with oil accounting for 50% of GDP and 90% of government revenue. Crude prices have surged above $120 per barrel, the highest since 2022.

RT News

Fertiliser shortages from Gulf war could cost 10 billion meals weekly - Yara CEO

In Entwicklung

Welt·01.05.2026KI-Zusammenfassung

Fertiliser shortages from Gulf war could cost 10 billion meals weekly - Yara CEO

The CEO of Yara, one of the world's largest fertiliser producers, has warned that supply disruptions caused by the Gulf war could cost up to 10 billion meals per week globally. Svein Tore Holsether said 500,000 tons of nitrogen fertiliser are not being produced due to blocked shipping through the Strait of Hormuz, with reduced crop yields of up to 50% possible without nitrogen fertiliser. The conflict has already driven fertiliser prices up 80%, with the poorest countries set to suffer most in any bidding war for food.

BBC News

Fertiliser supply disruption from Gulf war could cost 10 billion meals a week, Yara CEO warns

Dringend

Welt·30.04.2026KI-Zusammenfassung

Fertiliser supply disruption from Gulf war could cost 10 billion meals a week, Yara CEO warns

The CEO of world fertiliser producer Yara has warned that supply disruptions due to the Gulf conflict could cost up to 10 billion meals per week. Svein Tore Holsether said half a million tons of nitrogen fertiliser are not being produced due to the situation blocking the Strait of Hormuz. Fertiliser prices have soared by 80% since the US and Israel's war on Iran began, and reduced fertiliser use could cut crop yields by up to 50% in the first season, potentially triggering a bidding war for food between richer and poorer nations.

BBC News