{
  "$type": "site.standard.document",
  "bskyPostRef": {
    "cid": "bafyreig3iisf2xdnmupz3kypngvwcqf26zlvghgn5ozjwounpflcrgy4h4",
    "uri": "at://did:plc:5x2rh5kufnec5fzljivhzoyl/app.bsky.feed.post/3mgtb3slkcec2"
  },
  "coverImage": {
    "$type": "blob",
    "ref": {
      "$link": "bafkreigeo3ixlzyym577agcnek2kgk6ptorur5ym62cqeqw67jg4qjge4i"
    },
    "mimeType": "image/jpeg",
    "size": 46629
  },
  "path": "/news/watching/iran-ups-the-ante-on-oil-threats-chiles-new-president-inaugurated-russia-bids-to-save-orbans-re-election-bid",
  "publishedAt": "2026-03-11T16:05:36.000Z",
  "site": "https://www.gzeromedia.com",
  "tags": [
    "Iran",
    "Chile president",
    "Russian disinformation",
    "Hungary",
    "Hungary elections",
    "Iran oil prices",
    "_one cargo ship_",
    "_laying mines_",
    "_confirmed_",
    "_takes control today_",
    "_tumultuous term_",
    "_broader rightward trend_",
    "_war in Iran_",
    "_cast_",
    "_leads_",
    "_backed_",
    "_weighing_"
  ],
  "textContent": "\n\n\n\n### US and allies desperately try to cool frightened oil markets\n\nIran has been upping its threats against the world’s oil supply, striking at least _one cargo ship_ yesterday and reportedly _laying mines_ in the Strait of Hormuz, the waterway near Iran through which 20% of global oil supply passes. Its military command even suggested that the world should prepare for prices of $200 per barrel. Seeking to ease supply concerns and cool prices, the International Energy Agency _confirmed_ on Wednesday that its 32 members – which include the United States – would collectively release 400 million barrels of oil from its strategic reserves. This would be more than double the previous record set in 2022 following Russia’s full-scale invasion of Ukraine. The massive drawdown suggests that these countries believe the Strait will remain mostly closed for a while yet.\n\n* * *\n\n### Chile to swear in right-wing president in major shift\n\n**José Kast** , an ultraconservative elected in December on pledges to deregulate the economy, slash immigration, and crack down on crime, _takes control today_ of South America’s fourth-largest economy. The political pendulum swing is a dizzying one — Kast succeeds the _tumultuous term_ of socialist **Gabriel Boric** — reflecting a _broader rightward trend_ in Latin America these days. But Kast steps into the job at a trying time: Chile, the world’s largest copper producer, faces huge economic uncertainties tied to the _war in Iran_, which has pushed up oil prices and set inflationary fears soaring. The Chilean peso, which had gained roughly 10% in the last six months prior to the US and Israel strikes on Iran, has already lost half of that momentum since the conflict began.\n\n### Russia reportedly launches disinformation campaign in Hungary’s election\n\nHungarians will _cast_ their votes on April 12 in an election broadly regarded as the greatest challenge to Prime Minister **Viktor Orbán** 's leadership since he assumed power in 2010.******Péter****Magyar** , who heads the oppositionist Tisza Party, _leads_ current polling against Orbán’s anti-Ukraine and eurosceptic platform. However, Orbán may be getting a helping hand from Russia, which has reportedly _backed_ a covert campaign to get him re-elected by spreading disinformation online. While Russian disinformation campaigns are nothing new, the rise of AI has led to convincing deepfakes flooding Hungarians’ feeds. The European Union is _weighing_ whether to step in to crack down on election interference, but it needs to walk a delicate tightrope. Doing so risks fueling Orbán's long-running claim that Brussels is meddling in Hungarian democracy.",
  "title": "Iran ups the ante on oil threats, Chile’s new president inaugurated, Russia tries to save Orbán’s re-election bid"
}