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“Most Powerful Energy Crisis in Human History is Looming” – Russian Oil Exports Halting After Ukraine Attacks

Iran has halted passage to all ships trying to pass through the Strait of Hormuz as they prepare for a possible ground assault from U.S. troops that have been deployed to the region this week. In this interview with independent journalist Pepe Escobar, he reveals how Iran's Parliament is now passing laws requiring any ships who pass through the Strait of Hormuz to now pay a toll of up to $2 million, but payable in Chinese Yuan. President Trump has allegedly delayed any attacks on Iran's energy and infrastructure, but Israel has reportedly just bombed an Iranian steel manufacturer, and as a result, Iran has issued urgent evacuation warnings for major steel facilities across the region, declaring them imminent military targets. Iran has also promised to target energy producing facilities in the UAE if they join the war. Meanwhile, Ukraine has bombed key Russian ports and refineries in the Baltic Sea, taking out nearly 40% of Russia's oil export capacity, as Russia is now halting all oil exports until they can be brought back online. This has led Kremlin envoy Kirill Dmitriev to state that "the most powerful energy crisis in human history is looming". Some Wall Street investors appear to be finally starting to wake up and realize Trump has been lying to them, as one analyst contradicted Treasury Secretary Scott Bessent's statements that fuel shortages were not coming to the U.S.

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The Worldwide Energy Crisis Expands as The Philippines Declares a State of Emergency

As the war in Iran rages on with no signs of stopping anytime soon, the worldwide energy crisis is expanding. The Philippines appears to be the first country to declare a State of Emergency, as their fuel supplies have dwindled to only 45 days' worth. The International Energy Agency (IEA) is warning that the ongoing US-Israel-Iran conflict has already removed around 11 million barrels per day from global oil supply, an impact larger than past oil crises combined. IEA Executive Director Fatih Birol told the National Press Club in Canberra, Australia, on Monday that the current disruption exceeds the combined supply losses of the 1973 and 1979 energy shocks. This is leading to supply chain disruptions, and also consumer panic in stores in some countries. Remember how toilet paper was the first thing to run out in American grocery stores in 2020 when COVID began? It's starting again, in Japan.

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It’s Officially an “Energy Crisis” – Food Rationing, Panic-buying, Planes Grounded, Stay-at-home Orders and Other COVID-like Restrictions Just Ahead?

The world is now officially in the midst of an "energy crisis" due to the Iran war and the inability of the U.S. to open back up the Strait of Hormuz, as governments in many nations in Europe and Asia are now are calling for "COVID-like" measures to be put in place to keep people at home like they did during the COVID Scamdemic. This urgency and fear has not reached most in the U.S. yet, however, as most Americans go about their daily business not fully realizing what is happening in the outside world due to the coordinated work of the U.S. media to attempt to shield this, so far. The International Energy Agency (IEA) is calling for people to cut oil demand by working from home more, flying less and driving slower. The IEA’s members include the US, UK and Japan. So this is officially an "energy crisis" now, and the last time this happened in the U.S. was in the 1970s under President Jimmy Carter. Most Americans alive today did not experience that, it was so long ago.

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