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On June 13, when Israel attacked Iran, the entire world held its breath. This war is not just a military issue—it’s affecting ...
A new wave of conflict in the Middle East spilled into Iran’s energy sector over the weekend, as Israel launched an attack on a major gas facility connected ...
Geopolitical tensions boost oil market prospects. Find out how the Israel-Iran conflict may drive crude prices above $100 and ...
Global fuel prices have started to surge in the wake of the Iran-Israel conflict, with Brent crude futures rising 9.07% or $6.29 to reach $75.65 per barrel. At one point, prices peaked at $78.50 per ...
Continuation of the conflict in the region and closing of the Strait of Ormuz may lead to serious economic shocks, Deputy Prime Minister and Foreign Minister of Iraq Fuad Hussein said ...
An Iranian lawmaker said closure of the Strait of Hormuz, a critical chokepoint in the global energy trade, was under serious ...
Dual risks kept investors on edge ahead of markets reopening late on Sunday, from heightened prospects of a broad Middle East ...
The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.
Iran last threatened to close the Strait in April 2024, as it has done on several previous occasions. Shipping was targeted ...
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Global oil prices spiked following Israel’s surprise air strikes on Iranian nuclear and military facilities. As of late June ...
Israel's attack on Iran and the U.S.'s rejection of tougher oil sanctions could boost Russia's revenues from its key export.