Oil
EU warns of summer fuel shortages as Iran war drives global energy crisis
The EU is preparing measures to curb the impact the war is having on jet fuel supply, Jorgensen told reporters in Madrid.
After Iran war, attack on Gulf States, will the GCC withdraw from Arab League - analysis
Oil surges, stocks fall as US-Iran tensions threaten Strait of Hormuz shipping flows driving risk
Qatar facing 'strategic shock' in energy, influence crisis in wake of Iran war
It’s the oil prices, stupid: The West’s principles collapse when prices rise - opinion
The Strait of Hormuz is not just another geopolitical flashpoint. It is the artery through which roughly a fifth of the world’s oil supply flows.
Expert warns Haifa refinery is ‘time bomb’ despite limited damage in Iranian strike
The Bazan refinery in Haifa Bay has long been a source of environmental concern. The latest round of Iranian missile fire has now placed those concerns in a wartime context.
US issues 30-day sanctions waiver for sale of Iranian oil at sea
"In essence, we will be using the Iranian barrels against Tehran to keep the price down as we continue Operation Epic Fury," Bessent said.
US airlines project confidence as fuel costs surge in wake of US-Israeli war on Iran - analysis
For the biggest US carriers, which do not hedge against oil price rises, the shock is showing up mainly in the fuel bill, with jet fuel prices nearly doubling since the conflict began.
Middle Israel: Iran's multilevel blockade of the Straight of Hormuz is destined to fail - opinion
Iran’s blockade of the Strait of Hormuz has three levels: the political, the military, and the economic. The political part is the strongest, and the economic part is the weakest.
US weighs military reinforcements as Iran war enters possible new phase
Trump is considering deploying additional troops to the Middle East, a move that would reinforce operations in the region as the US weighs its options.
Iran's IRGC Navy chief threatens retaliatory strikes on oil facilities across Gulf
Later, after Iran threatened Gulf states with retaliatory strikes, Qatar and Saudi Arabia reportedly intercepted multiple incoming missile barrages targeting oil and industrial sites.
Iraq turns to Kurdistan pipeline as Iran war chokes oil exports and economy - analysis
Baghdad has been seeking a deal to move oil through the Kurdistan Region to Turkey, but the Kurds want Iraq to lift the trade embargo it has imposed on the territory.
WATCH: Iranian gas, oil infrastructure at Iran’s South Pars and Asaluyeh hit in Israeli air strike
The Islamic Revolutionary Guard Corps-affiliated Tasnim News Agency corroborated that petrochemical facilities in South Pars were targeted, stating that the extent of damage was not yet clear.
Chinese Startup claims it can synthesize oil from air and water
The company, co-founded in 2024 by a former Tesla vice-president, frames its approach as Direct Air Capture.
