April 18 US-Iran War's Impact on International Economy, Financial Markets, and People's Livelihoods
The US-Iran conflict, lasting nearly 50 days, has disrupted over 500 million barrels of crude oil supply, resulting in a cumulative loss of $50 billion. This has led to airlines suspending routes and the US extending sanctions waivers for Russian oil, significantly impacting the international economy and financial markets.
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- 📰 Published: April 18, 2026 at 19:41
- 🔍 Collected: April 18, 2026 at 20:01 (20 min after Published)
- 🤖 AI Analyzed: April 18, 2026 at 21:44 (1h 42m after Collected)
US-Iran War Key News
Central News Agency
(Central News Agency, Taipei, 18th, comprehensive foreign reports) According to Reuters and analysts' calculations, the Iran war has led to the disruption of over 500 million barrels of crude oil supply, with cumulative losses reaching $50 billion. Meanwhile, data from vessel tracking websites show a fleet of oil tankers departing the Persian Gulf today, passing through the Strait of Hormuz.
Iran War Nears 50 Days, Global Crude Oil Supply Disrupted by Over 500 Million Barrels
According to Reuters and analysts' calculations, the conflict, which has lasted nearly 50 days since the outbreak of the Iran war, has disrupted over 500 million barrels of crude oil supply, with cumulative losses reaching $50 billion. The ripple effects of this crisis are expected to continue for months, or even years.
Johannes Rauball, Senior Crude Oil Analyst at Kpler, stated that since the outbreak of the conflict, oil prices have averaged around $100 per barrel. These supply shortfalls mean approximately $50 billion in lost revenue. This is equivalent to about 1% of Germany's annual Gross Domestic Product (GDP), or close to the economic scale of countries like Latvia and Estonia.
A Fleet of Oil Tankers Passes Through the Strait of Hormuz, Trump Says US-Iran Negotiations Continue This Weekend
Data from the vessel tracking website MarineTraffic shows a fleet of oil tankers departing the Persian Gulf today, passing through the Strait of Hormuz.
The data indicates that the fleet includes four liquefied petroleum gas (LPG) carriers, as well as several oil and chemical tankers. More oil tankers are also departing from the Persian Gulf.
Fuel Crisis: Canada's Largest Airline Announces Suspension of 6 Routes
The Middle East war has caused jet fuel prices to soar, leading Air Canada, Canada's largest airline, to announce the suspension of six routes, including both domestic and international flights. Experts point out that this fuel shortage crisis could be the most severe in aviation history.
An Air Canada spokesperson said: "Since the outbreak of the Iran conflict, jet fuel prices have doubled, making some less profitable routes and flights unsustainable, thus requiring adjustments. Affected passengers will be notified and offered alternative solutions."
According to the Canadian Broadcasting Corporation (CBC), WestJet, another major Canadian airline, also announced that it will consolidate several low-demand routes, reducing capacity by 1% in April and 3% in May.
US Extends Sanctions Waiver for Russian Oil, Allowing Sale of Offshore Oil
US President Trump's administration issued a one-month sanctions waiver on the 17th, allowing the sale of Russian oil and oil products already loaded onto any vessel. This move extends earlier measures taken to alleviate soaring energy prices.
The latest measure allows the purchase of oil and oil products loaded onto any vessel as of the 17th, with a deadline of 12:01 AM on May 16th. This extends the previous sanctions relief measure that expired on April 11th. (Editor: He Hong-ru) 1150418
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Central News Agency
(Central News Agency, Taipei, 18th, comprehensive foreign reports) According to Reuters and analysts' calculations, the Iran war has led to the disruption of over 500 million barrels of crude oil supply, with cumulative losses reaching $50 billion. Meanwhile, data from vessel tracking websites show a fleet of oil tankers departing the Persian Gulf today, passing through the Strait of Hormuz.
Iran War Nears 50 Days, Global Crude Oil Supply Disrupted by Over 500 Million Barrels
According to Reuters and analysts' calculations, the conflict, which has lasted nearly 50 days since the outbreak of the Iran war, has disrupted over 500 million barrels of crude oil supply, with cumulative losses reaching $50 billion. The ripple effects of this crisis are expected to continue for months, or even years.
Johannes Rauball, Senior Crude Oil Analyst at Kpler, stated that since the outbreak of the conflict, oil prices have averaged around $100 per barrel. These supply shortfalls mean approximately $50 billion in lost revenue. This is equivalent to about 1% of Germany's annual Gross Domestic Product (GDP), or close to the economic scale of countries like Latvia and Estonia.
A Fleet of Oil Tankers Passes Through the Strait of Hormuz, Trump Says US-Iran Negotiations Continue This Weekend
Data from the vessel tracking website MarineTraffic shows a fleet of oil tankers departing the Persian Gulf today, passing through the Strait of Hormuz.
The data indicates that the fleet includes four liquefied petroleum gas (LPG) carriers, as well as several oil and chemical tankers. More oil tankers are also departing from the Persian Gulf.
Fuel Crisis: Canada's Largest Airline Announces Suspension of 6 Routes
The Middle East war has caused jet fuel prices to soar, leading Air Canada, Canada's largest airline, to announce the suspension of six routes, including both domestic and international flights. Experts point out that this fuel shortage crisis could be the most severe in aviation history.
An Air Canada spokesperson said: "Since the outbreak of the Iran conflict, jet fuel prices have doubled, making some less profitable routes and flights unsustainable, thus requiring adjustments. Affected passengers will be notified and offered alternative solutions."
According to the Canadian Broadcasting Corporation (CBC), WestJet, another major Canadian airline, also announced that it will consolidate several low-demand routes, reducing capacity by 1% in April and 3% in May.
US Extends Sanctions Waiver for Russian Oil, Allowing Sale of Offshore Oil
US President Trump's administration issued a one-month sanctions waiver on the 17th, allowing the sale of Russian oil and oil products already loaded onto any vessel. This move extends earlier measures taken to alleviate soaring energy prices.
The latest measure allows the purchase of oil and oil products loaded onto any vessel as of the 17th, with a deadline of 12:01 AM on May 16th. This extends the previous sanctions relief measure that expired on April 11th. (Editor: He Hong-ru) 1150418
Stand with facts, your sponsorship is the power to protect press freedom.
Download the Central News Agency "First-hand News" APP to stay updated with the latest news.
The text, images, and videos on this website may not be reproduced, publicly broadcast, publicly transmitted, or utilized without authorization.