For now, links to an analysis from the Cradle and a report from the Associated Press; other published material is accessible by clicking on its name. (Scroll down for ENERGY 5-3-26, and up or down for today’s SYRIA, GAZA, WEST BANK and IRAN so far.) — MCM
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FROM MAY 1 War, blockade, and the unraveling of global energy flows, by Suleyman Karan | The Cradle Global energy markets are struggling to absorb the shock of war in West Asia. The disruption of nearly 20 million barrels per day (bpd) of crude oil and petroleum product exports, combined with the limited capacity to bypass the Strait of Hormuz, has placed both producers and import-dependent economies under strain. READ MORE . . .
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FROM MAY 2 Spirit Airlines says it’s going out of business after 34 years, by Aamer Madhani, Rio Yamat, Jeff Amy and Mike Catalini | AP WEST PALM BEACH, Fla. — Spirit Airlines, an impish upstart that shook the industry with its irreverent ads and deep discount fares, announced Saturday that it has gone out of business. It said high oil prices, which have been rising because of the war with Iran, made it impossible to stay aloft. READ MORE . . .
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TO BE CONTINUED