French authorities have formally confirmed a major oil crisis following reports of substantial damage to energy infrastructure in the Gulf region. Assessments indicate that approximately 30% to 40% of the region’s energy facilities have been destroyed, leading to immediate concerns regarding the stability of global oil supplies. This development has prompted international energy markets and policymakers to evaluate the potential for long-term economic impacts and distribution disruptions as the extent of the damage is further analyzed.
- Official statements from France have confirmed the onset of a significant oil crisis.
- Reports show that between 30% and 40% of Gulf energy infrastructure has been destroyed.
- The destruction has caused immediate volatility and concern within international energy markets.
- Authorities are currently assessing the impact of these infrastructure losses on global supply chains and economic stability.
France 24 is an international television network and news website owned by the French state.
Official website: https://www.france24.com/en/
Original video here.
This summary has been generated by AI.
We need to develop Thorium nuclear power plants in europe, this tecnology will save Europe
Trump and netanyahu to blame
Maybe you shouldn't have been so hell-bent on punishing your citizens by helping the US provoke a proxy war against Russia in Ukraine.
Well well
😂
The silver lining is that we can rebuild renewable sources instead. Phase out combustion cars.
The orange bigot insulting allies and throwing random tariffs just so he could feel good about himself, then decided to start a conflict at the behest of another bigot. Irreversible damage for the US’s reputation, all to divert attention from the Epstein files.
Good luck Europe 👍
trump wants another fifa peace prize for ending another war
and YET.. THE WORLD WILL NOT CONDEMN THE ELEPHANT IN THE ROOM.. they will blame.. IRAN… or BLAME HAMAS.. or WMD.. or MADURO.. or the AYATOLA..
NO.. there are two countries to blame.. USA and ISRAEL!!! thats it…
but also the WEST is to blame for not STANDING UP!!!
Build more nuclear power plants.
Well it looks like the oil supply from your Iraqi colony dryed up and LNG from conquered Lebanon is questionable. Move your military back to Africa and try that again? Get the UK to hold your hand and call it a coalition of the colonizer's to g
Et UN approval.
Time for Nuclear powered cars in France! Create more incentives for people to purchase EVs in France that can be charged at night with your nuclear power plants! Go EV!
And install heat pumps to get off natgas!
China 🇨🇳 have no oil supply crisis at all!!
Thank the orange man 👨
Why are EU so late in arriving at this conclusion??
Far East think tanks have been predicting this at the outset of this hostilities initiated by USA.
Maybe France can send troops to secure their national interests? Or perhaps France is simply a paper tiger, unable to do anything?
Good job Trump😢
Maybe Qatar should take back it’s $400m bribe plane.
Europe is so cooked. They actually believe renewables will save them 😂
Well ., maybe France should have helped against Iran , the Worlds Number One sponsor of Terror groups such as Hezbollah and HAMAS among others ,who just murdered 30,000 of their own people for daring to protest about the collapse of their currency and economy ,under the occupying hostile Islamic Regime .But no, you did nothing and happily let Terrorists do as they wished as long as you got your cheap gas .Despicable.
Simple solution, gather up Army, invade Iran, destroy it, show other countries if they fck about the same will happen
This hastens the UFOs
We've already won, so why aren't the Straits clear? o/
Godless demons want the earth to, but god of light has this planet chained to his finger
France wouldn’t have an energy crisis as soon as it stops aligning itself with Israel and the USA
Renewables make sense, so Trump is against it.
MoFo failed to replace fossil fuel with BS energy during peace time; now they wanna do it during a economic crisis.
Anyone else think Starmer sounds like Pitt the Younger from Blackadder?
China sure was smart to have spent the past decade putting their money where their mouth is and investing in more renewable energy than the rest of the world combined. Now the west which spent the past decade subsidizing fossil fuels “because china” is having the second energy crisis in 4 years while China’s oil use has been plateauing and is likely to decline this year.
There may be a silver lining in the dark clouds of this current mess in Iran:
it may be that more and more countries will see the harm that can happen to their economies from relying on Petro-states for energy.
(the major Petro-states are: the Middle East countries of OPEC; Russia; and the USA)
Short list of past Petro-state crisis:
1973 OPEC oil embargo (USA);
1979 OPEC oil crisis (USA);
1981 to 1988 oil tanker war;
1990 Iraq invaded Kuwait;
2014 Russian seizes Crimea;
2022 Russia invades Ukraine;
2023 OPEC+ cut in production to drive up oil prices (and hurt election chances for US Democrats in 2024);
2025 Trump and the Republican party's trade war with the world;
(and wanting to take over Greenland: by military force if necessary; and make Canada the 51st state: just like Russia taking Ukraine)
2026 Trump and the Republican party's seizing of the leader of Venezuela for the countries oil.
2026 Trump and the Republican party's war on Iran.
———————————————————————————————-
I hope more people all over the world look long and hard at all this and then understand how crucially important to everyone on the planet it is to transition away from burning fossil fuels as fast a possible.
Not just for CO2 going into Earth's atmosphere.
Not just for air pollution in big cities.
But also for taking away the enormous amounts of money these Petro-States use to undermine democracy across the globe!
————————————————
Case in point:
While US war in Iran is Trump's distraction from the damage of the Epstein files sex scandal,
The war in Iran is also Trump fulfilling his pledge to fossil fuel companies that donated to him before the 2024 elections!
Here are just two of many articles about Trump's meeting with oil companies before the 2024 election:
'At a Dinner, Trump Assailed Climate Rules and Asked $1 Billion From Big Oil'
May 9, 2024
The New York Times
'Trump seeks $1 billion from oil CEOs, vows to limit EVs'
May 9, 2024
Washington Post
—————————————————————-
Also US oil companies will get record profits from sky-high oil prices just like the record profits oil companies made in 2023 when OPEC+ cut production to drive up oil prices (and hurt election chances for US Democrats in 2024 election)!
——————————————————————–
Last: Bonus that Trump also removed sanctions on Russia for oil!
So Trump got to throw a bone (give a gift) to his idol Russian president Vladimir Putin.
Putin hasn't been doing that well in Ukraine, and Ukraine has actually been making some advances on Russian forces, so Trump had to step in and help Putin out.
By the way, people should google: Trump Tower Moscow.
Wikipedia even has a page on it.
The attacks are continuing. Maybe the Gulf countries should insist that the U.S. and Israel stop commiting war crimes.
Renewables all the way!!!!
I wish the world could get rid of these so called leaders who started this war.
We can't come to help, Trump. We are out of fuel. 🤷
Unfortunately, this will rush alternative energy sources and bring out even more grifters.
Destruction of Oil & Gas infrastructure is VERY VERY BAD DECISION….. BOYCOTT US SUPREMACY …
I guess electric cars and solar panels will become the norm in the future. Oh, by the way, China has cornered the market in both affordable electric cars and solar panels.
Next Trump will claim nobody's done more for wind power than him.
Meanwhile in the US the republicans have gutted our current renewable energy infrastructure. The republicans have made Americans less competitive and less safe.
What a brilliant idea – Ukraine is now destroying the Russian oil industry. We’re all standing together… at the petrol station.
Europe collapse, good news
I can't believe EU and UK are still chasing the dream of "renewables" will replace everything. You can't build enough solar and turbines to supply electricity at a reasonable price to consumers and businesses. All of UK would be turbines and solar fields, how ridiculous. The climate change happening right now for the last 30 years is due to the North Magnetic Pole moving from Canada and now almost in Russia. That has caused all of this, not Carbon. So glad I live in USA and Trump knows what is right to do.
Thanks to the criminals trump and Netanyahu.