President Trump on Monday put Iran and the speaker of the Islamic Republic’s parliament on notice after Tehran attacked Israel’s biggest oil refinery and told The Post his response is coming “shortly.”

Iran escalated its attack on infrastructure by striking a water and electrical plant in Kuwait, and an oil refinery was set ablaze in the northern Israeli city of Haifa after the Iranian missile attack. Asked for his response on the strike, he told The Post: “You’ll see shortly.”

As Trump brings more military might to the region that could inflict catastrophic damage on Iran, he encouraged what’s left of Iran’s regime to make a deal before it’s too late.

He exclusively told The Post that the US will find out whether the speaker is willing to work with Americans –soon. (NY Post – Continue Reading)

With energy prices surging in the wake of the Iran war, EU policymakers have been reassessing the EU Emissions Trading System (ETS) as a potential instrument to temper energy‑cost pressure. But despite the conflict now entering its fifth week—and oil and gas prices having risen by roughly 60% and 70% respectively—there is no clear path toward substantive ETS intervention. Instead, policymakers continue to focus on proposals whose implementation remains distant and whose expected impact on wholesale prices might be more limited than markets had initially hoped for. (Rabobank – Continue Reading)