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An Israeli drone strike on Irans South Pars gas field—the worlds largest—has triggered a serious energy disruption and ...
The Strait of Hormuz, a 21-mile-wide waterway, is crucial for global oil supply, with 20 million barrels flowing through daily. Israel-Iran tensions have caused concerns about oil prices to surge.
Iran is reportedly considering closing the Strait of Hormuz, a critical global oil chokepoint, as tensions with Israel ...
The number of container vessels slowing down at the Strait of Hormuz is more than three times the normal level, said Ami ...
The S&P report says the "pre-emptive" strikes by Israel against Iranian nuclear facilities come as Asia, where key importers rely heavily on LNG supplies from Qatar, is about to enter the summer deman ...
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 ...
Israel's air strikes on Iran are unlikely to cause a major disruption to oil supply, and market analysts believe a full-scale ...
This crisis affects exporters from the region the most, president of the Nomisma Energia analytical company Davide Tabarelli said ...
Follow live updates as Iran retaliates after Israel strikes nuclear facilities. Stay informed with real-time news and ...
An Iranian lawmaker said closure of the Strait of Hormuz, a critical chokepoint in the global energy trade, was under serious ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.