Oil
Kharg Island and the new energy war over Iran’s collapsing oil exports - opinion
Iran’s Kharg Island shows the hidden cost of sanctions: empty oil terminals, environmental damage, and mounting pressure.
Trump says Xi agrees Iran must open Hormuz, China calls war unjustified
Chinese supertanker breaks through US-Iran war blockade in Hormuz
In double trouble: Iran’s oil crisis – opinion
US has 'plenty of money' to fund war in Iran, Treasury Secretary Scott Bessent says
US President Donald Trump has not yet sent a request for the Senate and House of Representatives to approve additional funding, and his administration has made clear that the number could change.
Ending Tehran's energy blackmail: New tech could end world's Iranian oil dependence - opinion
The technological revolution now underway is beginning to change the rules of the game.
Philippines allows dirtier Euro-II fuel use to ease supply crunch amid Middle East crisis
"The measure is intended to help maintain a continuous, adequate and accessible fuel supply, while allowing limited flexibility for sectors that may be affected," the DOE said.
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.
