{"id":1824530,"date":"2026-03-13T12:53:09","date_gmt":"2026-03-13T09:53:09","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=1824530"},"modified":"2026-03-13T12:53:09","modified_gmt":"2026-03-13T09:53:09","slug":"iran-war-who-benefits-from-the-oil-price-shock","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=1824530","title":{"rendered":"Iran war: Who benefits from the oil price shock?"},"content":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/static.dw.com\/image\/76190479_6.jpg&#8221;]<\/p>\n<article class=\"sk6xmai\">\n<div class=\"content-area sa7l9jt s9mg977\">\n<section data-tracking-name=\"sharing-icons-inline\" class=\"c75t7t0 hh5424a in-line closed\">\n<div class=\"copy-button-wrapper closed\"><span class=\"svdcmki\">https:\/\/p.dw.com\/p\/5ALu7<\/span><\/div>\n<\/section>\n<figure class=\"s4bcs45\"><source type=\"image\/webp\" srcset=\"https:\/\/static.dw.com\/image\/76190479_800.webp 50w, https:\/\/static.dw.com\/image\/76190479_801.webp 129w, https:\/\/static.dw.com\/image\/76190479_802.webp 352w, https:\/\/static.dw.com\/image\/76190479_803.webp 575w\" media=\"(min-width: 0px) and (max-width: 575px)\" height=\"100\" width=\"100\" \/><figcaption class=\"c1oedowi lofg86o m4xla6a s16w0xvi rcjjkz7 w128axg5 b1fzgn0z\">Merz said he was interested in the reasons for the US decision to ease measures<small class=\"copyright c19ed66t ihwmx5 idu7i8u lxmvniw icns9en rcjjkz7 w128axg5 b1fzgn0z\">Image: dts-Agentur\/picture alliance<\/small><\/figcaption><\/figure>\n<div data-tracking-skip=\"true\" data-tracking-name=\"rich-text\" class=\"c17j8gzx rc0m0op r1ebneao s198y7xq rich-text l1evdo4u blt0baw s16w0xvi rcjjkz7 w128axg5 b1fzgn0z\">\n<p><a class=\"internal-link\" href=\"https:\/\/www.dw.com\/en\/germany-nuclear-power-plants-european-union-energy-policy\/a-76305267\">German Chancellor Friedrich Merz<\/a> on Friday criticized the US decision to ease sanctions on Russia, saying such steps are wrong despite rising oil prices linked to the Iran war.<\/p>\n<p>Speaking on his <a class=\"internal-link\" href=\"https:\/\/www.dw.com\/en\/germany-news-merz-visits-spaceport-and-nato-drill-in-norway\/live-76346652\">visit to Andoya in Norway<\/a>, Merz said lifting restrictions now would send the wrong signal. &#8220;Now is not the time to ease sanctions, for whatever reason,&#8221; he said.<\/p>\n<h2>What\u00a0did Merz say about the US decision?<\/h2>\n<p>Mery said the topic had been explored and discussed with US President Donald Trump at\u00a0this week&#8217;s meeting of G7 heads of state and government.<\/p>\n<p>&#8220;Six members of the G7 expressed a very clear view that this is not the right signal to send. We learned this morning that the US\u00a0government has apparently decided otherwise.&#8221;<\/p>\n<p>&#8220;Once again, we believe this is the wrong decision. There is currently a price problem, but not a supply problem. And in that regard, I would like to know what additional motives led the US\u00a0government to make this decision.&#8221;<\/p>\n<p>Merz, who discussed support for Ukraine in its war against Russia with Norwegian Prime Minister Jonas Gahr Store, said Moscow continues to show no willingness to negotiate and that pressure on the Kremlin must increase.<\/p>\n<div class=\"vjs-wrapper embed big\">\n<h2 aria-label=\"Embedded video \u2014 Iran war: Who benefits from the oil price shock?\" class=\"headline\">Iran war: Who benefits from the oil price shock?<\/h2>\n<p><video id=\"video-76317880\" controls playsinline preload=\"none\" poster=\"image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=\" data-id=\"76317880\" data-posterurl=\"https:\/\/static.dw.com\/image\/76331811_605.webp\" data-duration=\"26:04\"><source src=\"https:\/\/hlsvod.dw.com\/i\/dwtv_video\/flv\/que\/que20260312_GesamtHd_,AVC_480x270,AVC_512x288,AVC_640x360,AVC_960x540,AVC_1280x720,AVC_1920x1080,.mp4.csmil\/master.m3u8\" type=\"application\/x-mpegURL\" \/><\/video><\/div>\n<p><a class=\"internal-link\" href=\"https:\/\/www.dw.com\/en\/ukraine-war-german-parts-make-their-way-into-russian-drones\/a-76178605\">Germany<\/a> and its allies will continue backing Ukraine, Merz added, saying the Iran conflict will not distract from that effort.<\/p>\n<p>The comments followed a US Treasury decision to grant a temporary license allowing the sale of Russian crude oil and petroleum products until April 11. US Treasury Secretary Scott Bessent said the measure aims to expand global supply amid <a class=\"internal-link\" href=\"https:\/\/www.dw.com\/en\/germany-gas-supplies-winter-energy-lng-russia-renewables\/a-75876173\">rising energy prices<\/a>.<\/p>\n<h2>Germany &#8216;not part of this war&#8217;<\/h2>\n<p>Merz also ruled out Germany becoming involved in a potential international military campaign to maritime traffic in the Strait of Hormuz.<\/p>\n<p>He added that concerns about Washington\u2019s strategy on how to end the war &#8220;haven&#8217;t really been answered.&#8221;<\/p>\n<p>&#8220;Let me make this very clear once again: Germany is not part of this war, and we do not want to become part of it,&#8221; Merz stressed.<\/p>\n<p><em>Edited by: Roshni Majumdar<\/em><\/p>\n<\/div>\n<\/div>\n<\/article>\n<div data-tracking-skip=\"true\" data-tracking-name=\"rich-text\" class=\"c17j8gzx rc0m0op r1ebneao s198y7xq rich-text l1evdo4u blt0baw s16w0xvi rcjjkz7 w128axg5 b1fzgn0z\">\n<p><a class=\"internal-link\" href=\"https:\/\/www.dw.com\/en\/germany-nuclear-power-plants-european-union-energy-policy\/a-76305267\">German Chancellor Friedrich Merz<\/a> on Friday criticized the US decision to ease sanctions on Russia, saying such steps are wrong despite rising oil prices linked to the Iran war.<\/p>\n<p>Speaking on his <a class=\"internal-link\" href=\"https:\/\/www.dw.com\/en\/germany-news-merz-visits-spaceport-and-nato-drill-in-norway\/live-76346652\">visit to Andoya in Norway<\/a>, Merz said lifting restrictions now would send the wrong signal. &#8220;Now is not the time to ease sanctions, for whatever reason,&#8221; he said.<\/p>\n<h2>What\u00a0did Merz say about the US decision?<\/h2>\n<p>Mery said the topic had been explored and discussed with US President Donald Trump at\u00a0this week&#8217;s meeting of G7 heads of state and government.<\/p>\n<p>&#8220;Six members of the G7 expressed a very clear view that this is not the right signal to send. We learned this morning that the US\u00a0government has apparently decided otherwise.&#8221;<\/p>\n<p>&#8220;Once again, we believe this is the wrong decision. There is currently a price problem, but not a supply problem. And in that regard, I would like to know what additional motives led the US\u00a0government to make this decision.&#8221;<\/p>\n<p>Merz, who discussed support for Ukraine in its war against Russia with Norwegian Prime Minister Jonas Gahr Store, said Moscow continues to show no willingness to negotiate and that pressure on the Kremlin must increase.<\/p>\n<div class=\"vjs-wrapper embed big\">\n<h2 aria-label=\"Embedded video \u2014 Iran war: Who benefits from the oil price shock?\" class=\"headline\">Iran war: Who benefits from the oil price shock?<\/h2>\n<p><video id=\"video-76317880\" controls playsinline preload=\"none\" poster=\"image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=\" data-id=\"76317880\" data-posterurl=\"https:\/\/static.dw.com\/image\/76331811_605.webp\" data-duration=\"26:04\"><source src=\"https:\/\/hlsvod.dw.com\/i\/dwtv_video\/flv\/que\/que20260312_GesamtHd_,AVC_480x270,AVC_512x288,AVC_640x360,AVC_960x540,AVC_1280x720,AVC_1920x1080,.mp4.csmil\/master.m3u8\" type=\"application\/x-mpegURL\" \/><\/video><\/div>\n<p><a class=\"internal-link\" href=\"https:\/\/www.dw.com\/en\/ukraine-war-german-parts-make-their-way-into-russian-drones\/a-76178605\">Germany<\/a> and its allies will continue backing Ukraine, Merz added, saying the Iran conflict will not distract from that effort.<\/p>\n<p>The comments followed a US Treasury decision to grant a temporary license allowing the sale of Russian crude oil and petroleum products until April 11. US Treasury Secretary Scott Bessent said the measure aims to expand global supply amid <a class=\"internal-link\" href=\"https:\/\/www.dw.com\/en\/germany-gas-supplies-winter-energy-lng-russia-renewables\/a-75876173\">rising energy prices<\/a>.<\/p>\n<h2>Germany &#8216;not part of this war&#8217;<\/h2>\n<p>Merz also ruled out Germany becoming involved in a potential international military campaign to maritime traffic in the Strait of Hormuz.<\/p>\n<p>He added that concerns about Washington\u2019s strategy on how to end the war &#8220;haven&#8217;t really been answered.&#8221;<\/p>\n<p>&#8220;Let me make this very clear once again: Germany is not part of this war, and we do not want to become part of it,&#8221; Merz stressed.<\/p>\n<p><em>Edited by: Roshni Majumdar<\/em><\/p>\n<\/div>\n<p><a class=\"internal-link\" href=\"https:\/\/www.dw.com\/en\/germany-nuclear-power-plants-european-union-energy-policy\/a-76305267\">German Chancellor Friedrich Merz<\/a> on Friday criticized the US decision to ease sanctions on Russia, saying such steps are wrong despite rising oil prices linked to the Iran war.<\/p>\n<p>Speaking on his <a class=\"internal-link\" href=\"https:\/\/www.dw.com\/en\/germany-news-merz-visits-spaceport-and-nato-drill-in-norway\/live-76346652\">visit to Andoya in Norway<\/a>, Merz said lifting restrictions now would send the wrong signal. &#8220;Now is not the time to ease sanctions, for whatever reason,&#8221; he said.<\/p>\n<p>Mery said the topic had been explored and discussed with US President Donald Trump at\u00a0this week&#8217;s meeting of G7 heads of state and government.<\/p>\n<p>&#8220;Six members of the G7 expressed a very clear view that this is not the right signal to send. We learned this morning that the US\u00a0government has apparently decided otherwise.&#8221;<\/p>\n<p>&#8220;Once again, we believe this is the wrong decision. There is currently a price problem, but not a supply problem. And in that regard, I would like to know what additional motives led the US\u00a0government to make this decision.&#8221;<\/p>\n<p>Merz, who discussed support for Ukraine in its war against Russia with Norwegian Prime Minister Jonas Gahr Store, said Moscow continues to show no willingness to negotiate and that pressure on the Kremlin must increase.<\/p>\n<p class=\"vjs-no-js\">To view this video please enable JavaScript, and consider upgrading to a web browser that <a href=\"https:\/\/videojs.com\/html5-video-support\/\" target=\"_blank\">supports HTML5 video<\/a><\/p>\n<p><a class=\"internal-link\" href=\"https:\/\/www.dw.com\/en\/ukraine-war-german-parts-make-their-way-into-russian-drones\/a-76178605\">Germany<\/a> and its allies will continue backing Ukraine, Merz added, saying the Iran conflict will not distract from that effort.<\/p>\n<p>The comments followed a US Treasury decision to grant a temporary license allowing the sale of Russian crude oil and petroleum products until April 11. US Treasury Secretary Scott Bessent said the measure aims to expand global supply amid <a class=\"internal-link\" href=\"https:\/\/www.dw.com\/en\/germany-gas-supplies-winter-energy-lng-russia-renewables\/a-75876173\">rising energy prices<\/a>.<\/p>\n<p>Merz also ruled out Germany becoming involved in a potential international military campaign to maritime traffic in the Strait of Hormuz.<\/p>\n<p>He added that concerns about Washington\u2019s strategy on how to end the war &#8220;haven&#8217;t really been answered.&#8221;<\/p>\n<p>&#8220;Let me make this very clear once again: Germany is not part of this war, and we do not want to become part of it,&#8221; Merz stressed.<\/p>\n<p><em>Edited by: Roshni Majumdar<\/em><\/p>\n<p>[analyse_source url=&#8221;https:\/\/www.dw.com\/en\/germanys-merz-says-easing-of-russia-sanctions-is-wrong\/a-76349163&#8243;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/static.dw.com\/image\/76190479_6.jpg&#8221;] https:\/\/p.dw.com\/p\/5ALu7 Merz said he was interested in the reasons for the US decision to ease measuresImage: dts-Agentur\/picture alliance German Chancellor Friedrich Merz on Friday criticized the US decision to ease sanctions on Russia, saying such steps are wrong despite rising oil prices linked to the Iran war. Speaking on his visit to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[226,74],"class_list":["post-1824530","post","type-post","status-publish","format-standard","hentry","category-politics","tag-crawlmanager","tag-dw-com"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1824530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1824530"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1824530\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1824530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1824530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1824530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}