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 ...

Israel launched a barrage of strikes across Iran on Friday and Saturday, saying it had attacked nuclear facilities and missile factories and killed a swathe of military commanders in what could be a p ...

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 ...

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.

DUBAI, United Arab Emirates (AP) — An Israeli drone has struck a refinery in Iran’s South Pars gas field Saturday, semiofficial Iranian news agencies reported.