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Iran Conflict Drives Surge In China EV Demand
Iran Conflict Drives Surge In China EV Demand
A sharp rise in oil prices tied to the US-Israel confrontation with Iran is likely to speed up the global transition to electric vehicles, strengthening a shift that has already helped China overtake Japan as the world’s top car seller, according to South China Morning Post.
Crude prices have surged past $100 a barrel amid fears of disruption to energy supplies, particularly through the Strait of Hormuz. US President Donald Trump escalated tensions by warning he would “obliterate” Iran’s power plants if shipping...
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Apr 10, 2026 / Tyler Durden
Mexico's "Energy Sovereignty" Dos Bocas Oil Refinery Hit By Major Fire
Mexico's "Energy Sovereignty" Dos Bocas Oil Refinery Hit By Major Fire
One of Mexico's largest refineries, with a processing capacity of 340,000 barrels per day, appears to have suffered a fire in its coke storage area, marking the second incident in less than a month.
The Dos Bocas refinery, built by Pemex in the southeastern state of Tabasco, is the crown jewel of Mexico's push to reduce dependence on imported gasoline and diesel, especially from U.S. exporters in the Gulf of America. It cost about $21 billion to build and was...
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Mar 29, 2026 / Dave DeCamp
US-Israeli Strikes Pound Residential Targets in Iran
US-Israeli strikes in Iran pounded residential areas across Iran on Saturday and Sunday as the bombing campaign continues to heave devestating impact on Iranian civilians. Citing Iranian media, AFP reported that overnight strikes from Friday into Saturday on residential areas in the western city of Borujerd killed at least seven people and wounded 36. Attacks […]
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Apr 6, 2026 / Dave DeCamp
Trump Says US Sent ‘a Lot of Guns’ to Protesters in Iran
President Trump has said that the US sent “a lot of guns” to protesters inside Iran during demonstrations and clashes that took place in January, though he believes the weapons may have been “kept” by Kurdish groups. “President Trump told me the United States sent guns to the Iranian protesters,” Trey Yingst, a reporter for […]
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