{"id":517946,"date":"2026-03-04T10:54:09","date_gmt":"2026-03-04T10:54:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/517946\/"},"modified":"2026-03-04T10:54:09","modified_gmt":"2026-03-04T10:54:09","slug":"iran-war-creates-nightmare-scenario-for-oil-and-lng","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/517946\/","title":{"rendered":"Iran war creates nightmare scenario for oil and LNG"},"content":{"rendered":"<p>The Economist<\/p>\n<p>Mar 4, 2026 \u2013 8.00pm<\/p>\n<p>Energy analysts modelling a war involving Iran have long feared two developments: the Islamic republic lashing out at its oil-rich neighbours and a blockade of the Strait of Hormuz, through which a third of global seaborne crude and a fifth of liquefied natural gas (LNG) transit daily.<\/p>\n<p>Until February 28, both eventualities seemed remote because Iran had too much to lose. It would risk pushing Gulf states towards the US, its sworn enemy; angering China, the main buyer of its oil; and inviting strikes on its own petroleum infrastructure.<\/p>\n<p>Loading&#8230;<\/p>\n<p class=\"_137dbe642694dac0-source\">The Economist<\/p>\n","protected":false},"excerpt":{"rendered":"The Economist Mar 4, 2026 \u2013 8.00pm Energy analysts modelling a war involving Iran have long feared two&hellip;\n","protected":false},"author":2,"featured_media":517947,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-517946","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/517946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=517946"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/517946\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/517947"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=517946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=517946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=517946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}