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.

A satellite image shows an oil terminal at Kharg Island, Iran, February 25, 2026. 2026
US President Donald Trump and China's President Xi Jinping arrive at state dinner, Great Hall of the People, Beijing, 2017.

Trump says Xi agrees Iran must open Hormuz, China calls war unjustified

Ships and boats in the Strait of Hormuz, Musandam, Oman, April 22, 2026.

Chinese supertanker breaks through US-Iran war blockade in Hormuz

A Satellite image shows a likely oil spill covering dozens of square kilometers near Iran’s Kharg Island, earlier this month.

In double trouble: Iran’s oil crisis – opinion


Asia looks to COVID-era playbook to tackle fuel crisis from Iran war

Asia is at the frontline of the fuel crisis, buying more than 80% of the crude that transits the Strait of Hormuz, which has been almost totally blocked by Iran since the war broke out in February.

A coastguard boat approaches an Indian liquefied petroleum gas (LPG) carrier, Shivalik, as it arrives at Mundra Port via the Strait of Hormuz, amid the US-Israel conflict with Iran, in Gujarat, India, March 16, 2026.

Iran tells UN: 'non-hostile' ships can transit Strait of Hormuz

The note regarding the Strait of Hormuz from Iran's Ministry of Foreign Affairs was sent to the 15-member Security Council and UN Secretary-General Antonio Guterres.

The Callisto tanker sits anchored as the traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Muscat, Oman, March 10, 2026.

Asia is most affected continent by Strait of Hormuz closure, with 80% of Gulf energy imports

A New York Times report revealed that Asian countries are entering an energy crisis due to the closure of the Strait of Hormuz, while Western nations will feel the economic effects of the war.

Asia will be the most affected continent by the closure of the Strait of Hormuz.

Traders bet $500 million on oil price just before Trump's post on delay to Iran attack

Having issued Iran with a Monday deadline to reopen the critical Strait of Hormuz or face its power plants being "obliterated," Trump's post unleashed a powerful selloff in oil and natural gas.

U.S. Stock Market.

Israel's endurance buys Iranian isolation - editoral

Israelis face mounting costs from the war with Iran, but regional signals suggest Tehran is becoming more isolated across the Middle East.

People walk past a mural drawn by the "Grafitiyul" graffiti art group depicting Iran's Supreme Leader Ayatollah Ali Khamenei, on a street in the Israeli coastal city of Tel Aviv on July 22, 2025.

Want to reduce stress? This is the secret of olive oil

In periods of ongoing stress and tension, olive oil may be more significant than ever. Extra virgin olive oil is rich in antioxidants and quality fats that may reduce stress and inflammation.

Olive oil

Trump’s five day window for Iran deal may decide Israel’s inflation path, expert tells ‘Post’

Economists warn Israel’s inflation could rise if Iran talks fail, as oil market shocks increase fuel prices and ripple across the economy.

Israel Navy missile ship patrols near gas field‏

International Energy Agency: Middle East oil crisis severe, global economy at risk

“A stock release will help to comfort the markets, but this is not the solution. It will only help to reduce the pain in the economy," IEA Executive Director Fatih Birol said.

 International Energy Agency (IEA) Executive Director Fatih Birol speaks during a press conference in Istanbul, Turkey, March 12, 2026.

Saudi Aramco boss pulls out of international energy conference due to Iran conflict, source says

The withdrawal of the CEO of the world's top oil exporter from this conference highlights the scale of the challenge he faces in dealing with the Iran crisis.

 Amin H. Nasser, President & Chief Executive Officer Saudi Aramco, speaks during the CERAWeek energy conference in Houston, Texas, US March 8, 2022.

US considers ground operation to seize Iran’s Kharg Island amid tensions, source tells Post

A US official confirmed to the Post that “the US military has accelerated the deployment of thousands of Marines and Navy personnel to the Middle East.”

A satellite image shows damage on Kharg Island, Iran, after US strikes, amid the U.S.-Israeli conflict with Iran, March 14, 2026.