US Threats to Iranian Infrastructure Push Oil to $110 as Regional Sabotage Weakens Romania's Supply Chain — NRG-IA

Middle East Escalation and Global Impact Oil prices surpassed the symbolic $110 per barrel mark on Asian markets early this week, driven by a severe escalation in tensions between the United States and Iran. The surge follows statements from US President Donald Trump, who directly threatened to target vital Iranian infrastructure, sparking fears of a prolonged blockade in the Strait of Hormuz, a critical artery for global crude transit. Romania's Supply Vulnerability: The Novorossiisk Case The international situation is compounded by a regional supply crisis. The Russian terminal at Novorossiisk , the primary gateway through which Kazakh crude—Romania's most important source—reaches the market, was damaged following Ukrainian drone attacks. Deliveries have been temporarily halted, complicating Romania's import logistics during a period of peak price volatility. Former President Traian Băsescu emphasized that while Romania has the capacity to purchase crude from alternative sources to…