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
Global markets rally, oil drops below $100 after US-Iran ceasefire
The main oil barrel indexes show a 15% average fall, while most markets worldwide, especially Asian markets, are opening up during early trading hours.
Heat, costs, shortages: US faces limits in deciding next actions in Iran - report
Iran could achieve USD 70-90 billion in annual revenue if the Islamic regime is allowed to charge a toll in the Strait of Hormuz, according to a J.P. Morgan paper.
South Korea envoy to visit Kazakhstan, Oman, Saudi Arabia to secure oil supplies
South Korea is also working with international partners to ensure the safe passage of 26 South Korean-flagged vessels currently waiting inside the Strait of Hormuz, the envoy said.
Strait of Hormuz closure has raised oil prices, but not without precedent - analysis
Even as gas prices have risen in recent weeks, another set of numbers has remained relatively contained: the markets.
IDF strike kills Head of Commerce at Iranian regime's oil headquarters
The IRGC's Oil Headquarters generates billions of dollars annually in profits for the Iranian regime's brutal police force through oil sales.
Iranian drone attack sparks fire at Shuwaikh Oil Complex in Kuwait
The drone attack caused a fire at the Shuwaikh Oil Sector Complex, but no injuries were reported.
World food prices set to continue soaring if Iran war persists, says UN report
The global surge in food prices comes as the Strait of Hormuz, a key shipping route in the Middle East, remains shut down as governments scramble to reopen it.
IDF kills Iranian ballistic missile chief, US strike targets key supply bridge in Tehran
US strike targets a major highway bridge connecting Tehran to Karaj, with a source saying the strike was intended to disrupt Iranian supply routes used to transport missile and drone components.
Gulf states consider bypassing Strait of Hormuz with new oil pipelines via Haifa - FT
The Financial Times reported that the Gulf states aim to create a new network of pipelines, roads, and railways to stop relying on the Strait of Hormuz.
Bahrain's Strait of Hormuz resolution runs into fresh obstacles at UN
Bahrain's initial draft had explicitly invoked Chapter VII of the UN Charter, which allows the Security Council to authorize measures ranging from sanctions to military force.
