Live Updates: Trump says Israel, Lebanon agree to ceasefire as Iran keeps Strait of Hormuz gridlocked
Europe has “maybe 6 weeks or so (of) jet fuel left,” the head of the International Energy Agency said Thursday in an interview with The Associated Press, warning of possible flight cancellations “soon” if oil supplies remain blocked by the Iran war.
IEA Executive Director Fatih Birol painted a sobering picture of the global repercussions of what he called “the largest energy crisis we have ever faced” stemming from the pinch-off of oil, gas and other vital supplies through the Strait of Hormuz.
“In the past there was a group called ‘Dire Straits.’ It’s a dire strait now, and it is going to have major implications for the global economy. And the longer it goes, the worse it will be for the economic growth and inflation around the world,” he said.
The impact will be “higher petrol (gasoline) prices, higher gas prices, high electricity prices,” Birol told AP.
Economic pain will be felt unevenly, with some countries “hit worse than the others,” he said, naming Japan, Korea, India, China, Pakistan and Bangladesh as being on the front line of the energy crisis.
“The countries who will suffer the most will not be those whose voice are heard a lot. It will be mainly the developing countries. Poorer countries in Asia, in Africa, and in Latin America,” he said.
“Then it will come to Europe and the Americas,” he added, speaking from his Paris office looking out over the Eiffel Tower.
If the Strait of Hormuz isn’t reopened, he said that for Europe, “I can tell you soon we will hear the news that some of the flights from city A to city B might be canceled as a result of lack of jet fuel.”
#Live #Updates #Trump #Israel #Lebanon #agree #ceasefire #Iran #Strait #Hormuz #gridlockedWar, Iran, Israel, Ceasefire, Donald Trump, Lebanon, Middle East, Oil and Gas, Benjamin Netanyahu, Strait of Hormuz
Europe has “maybe 6 weeks or so (of) jet fuel left,” the head of the International Energy Agency said Thursday in an interview with The Associated Press, warning of possible flight cancellations “soon” if oil supplies remain blocked by the Iran war.
IEA Executive Director Fatih Birol painted a sobering picture of the global repercussions of what he called “the largest energy crisis we have ever faced” stemming from the pinch-off of oil, gas and other vital supplies through the Strait of Hormuz.
“In the past there was a group called ‘Dire Straits.’ It’s a dire strait now, and it is going to have major implications for the global economy. And the longer it goes, the worse it will be for the economic growth and inflation around the world,” he said.
The impact will be “higher petrol (gasoline) prices, higher gas prices, high electricity prices,” Birol told AP.
Economic pain will be felt unevenly, with some countries “hit worse than the others,” he said, naming Japan, Korea, India, China, Pakistan and Bangladesh as being on the front line of the energy crisis.
“The countries who will suffer the most will not be those whose voice are heard a lot. It will be mainly the developing countries. Poorer countries in Asia, in Africa, and in Latin America,” he said.
“Then it will come to Europe and the Americas,” he added, speaking from his Paris office looking out over the Eiffel Tower.
If the Strait of Hormuz isn’t reopened, he said that for Europe, “I can tell you soon we will hear the news that some of the flights from city A to city B might be canceled as a result of lack of jet fuel.”
Europe has "maybe 6 weeks or so (of) jet fuel left," the head of the…
![Live Updates: Trump threatens Iran as dispute over Israel’s war in Lebanon casts doubt on ceasefire
Iran’s deputy foreign minister Saeed Khatibzadeh told CBS News partner network BBC that Israel’s attacks on Lebanon Wednesday were “a grave violation” of the ceasefire agreement, adding that the U.S. must choose “between war and ceasefire – you cannot have it both at the same time.”“You cannot ask for a ceasefire and then accept terms and conditions, accept areas the ceasefire is applied to, and name Lebanon, exactly Lebanon in that, and then your ally just start a massacre,” Khatibzadeh said. When asked if Iran would tell Hezbollah, its proxy group in Lebanon, to stop firing rockets into Israel, Khatibzadeh said “it is quite clear that Hezbollah is [a] pure Lebanese freedom movement.”He did not deny that Iranian Revolutionary Guard officers help train and arm Hezbollah fighters, but said “it is not true that they are acting on behalf of us.” He said the agreement between the U.S. and Iran applied to each country and its allies.Despite Israel’s attacks in Lebanon, Khatibzadeh said Iran remained “very much focused on getting [an agreement] done.”On the Strait of Hormuz, Khatibzadeh said: “Definitely, we are going to provide security for safe passage and it is going to happen after the United States actually withdraws this aggression.”He said Iran would determine a “protocol which is going to run from now on on safe passage in the Strait of Hormuz” with Oman “and, of course, with [the] international community.” “I think that we have shown to everybody that energy security is important for Iran, it’s important for this body of water in the Persian Gulf, and we are going to abide by the international norms and international law … If safe passage mean[s] that a new protocol that ensure[s] forever that this body of water will be peaceful, then that’s okay” but that safety should be two-sided, Khatibzadeh said.The diplomat said Iran had “many doubts” about the prospects for a final peace agreement with the U.S., suggesting Tehran believed Washington could just be exhausting diplomatic channels but planning to revert to military force, or “dictating and not compromising.”Â
#Live #Updates #Trump #threatens #Iran #dispute #Israels #war #Lebanon #casts #doubt #ceasefireWar, Iran, Israel, Ceasefire, Donald Trump, Hezbollah, Lebanon, Oil and Gas, Benjamin Netanyahu, Strait of Hormuz](https://i2.wp.com/assets1.cbsnewsstatic.com/hub/i/r/2026/04/09/35ce3c67-6e46-4b95-8460-e28d6ef8572f/thumbnail/1200x630/fabcdfd319ad950c1dab58c6c2a2d7b4/lebanon-israel-war-2269923715.jpg?ssl=1 "Live Updates: Trump threatens Iran as dispute over Israel’s war in Lebanon casts doubt on ceasefire
Iran’s deputy foreign minister Saeed Khatibzadeh told CBS News partner network BBC that Israel’s attacks on Lebanon Wednesday were “a grave violation” of the ceasefire agreement, adding that the U.S. must choose “between war and ceasefire – you cannot have it both at the same time.”“You cannot ask for a ceasefire and then accept terms and conditions, accept areas the ceasefire is applied to, and name Lebanon, exactly Lebanon in that, and then your ally just start a massacre,” Khatibzadeh said. When asked if Iran would tell Hezbollah, its proxy group in Lebanon, to stop firing rockets into Israel, Khatibzadeh said “it is quite clear that Hezbollah is [a] pure Lebanese freedom movement.”He did not deny that Iranian Revolutionary Guard officers help train and arm Hezbollah fighters, but said “it is not true that they are acting on behalf of us.” He said the agreement between the U.S. and Iran applied to each country and its allies.Despite Israel’s attacks in Lebanon, Khatibzadeh said Iran remained “very much focused on getting [an agreement] done.”On the Strait of Hormuz, Khatibzadeh said: “Definitely, we are going to provide security for safe passage and it is going to happen after the United States actually withdraws this aggression.”He said Iran would determine a “protocol which is going to run from now on on safe passage in the Strait of Hormuz” with Oman “and, of course, with [the] international community.” “I think that we have shown to everybody that energy security is important for Iran, it’s important for this body of water in the Persian Gulf, and we are going to abide by the international norms and international law … If safe passage mean[s] that a new protocol that ensure[s] forever that this body of water will be peaceful, then that’s okay” but that safety should be two-sided, Khatibzadeh said.The diplomat said Iran had “many doubts” about the prospects for a final peace agreement with the U.S., suggesting Tehran believed Washington could just be exhausting diplomatic channels but planning to revert to military force, or “dictating and not compromising.”Â
#Live #Updates #Trump #threatens #Iran #dispute #Israels #war #Lebanon #casts #doubt #ceasefireWar, Iran, Israel, Ceasefire, Donald Trump, Hezbollah, Lebanon, Oil and Gas, Benjamin Netanyahu, Strait of Hormuz")
