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OIL EXPORTS FROM IRAN
Houthis attack Saudi energy sites, cities, wound 73 as Iran war risks wider escalationYemen's Houthis attacked Saudi energy facilities and cities, wounding over seventy people. This escalation highlights the risk of the Iran ...
‘Business is terrible’: War leaves Iran’s Bandar Abbas quietBandar Abbas faces economic decline as a US blockade impacts port activities. Many businesses have closed, leaving hundreds jobless and str...
Why isn't oil above $100 despite supply disruptions?Global oil prices remain below one hundred dollars per barrel. Significant volumes continue to flow through the Strait of Hormuz. Gulf expo...
Oil Price Today (September 8): Crude oil at $97 as simmering tensions raise supply worries. Experts weigh inOil prices soared on Tuesday due to escalating fears surrounding conflicts in the Middle East. Iran's threats of retaliation have raised al...
Oil rises as risks of prolonged Mideast conflict heighten supply worriesOil prices surged on Tuesday as tensions in the Middle East escalated. Iran's warnings of potential retaliation fueled concerns over supply...
Brent crude oil price nears $100 as attacks on tankers threaten to worsen supply shockOil prices climbed to a six-week high as US-Iran attacks on commercial vessels disrupted Strait of Hormuz shipping. Falling tanker traffic ...
Iran vows to respond to US strikes, says US energy companies' facilities are 'exposed'Iran has threatened to retaliate against any new United States attacks on its assets. The nation warned that regional energy production is ...
UAE builds alternative trade, energy routes after Iran attacks, official saysThe UAE is building alternative routes for its energy exports and trade to reduce its dependence on the Strait of Hormuz amid the war with ...
Oil Price Today (September 7): Crude oil approaches $100 as US, Iran strikes hit oil vessels in Hormuz. Experts weigh inThe latest escalation came on Saturday when U.S. forces struck three Iranian oil tankers, according to U.S. Central Command. One of the ves...
Oil extends gains after US and Iran strike shipsOil prices experienced a significant rise on Monday, following a spike in tensions between the US and Iran. The US struck three Iranian oil...
Iran to tackle economic issues, says further attacks will be 'more painful'In response to severe US sanctions, Iran aims to implement economic reforms alongside bolstering its military capabilities. After a short l...
OPEC+ keeps oil output policy unchanged for OctoberOPEC+ maintained its oil output policy unchanged for October. The group needs to agree new quotas before deciding future output steps. The ...
Iran says it targeted oil tankers, US vessels after American attackIran’s Islamic Revolutionary Guard Corps Navy said it targeted three oil tankers using unauthorized routes through the Strait of Hormuz and...
Crude oil rally nears $100: Will geopolitical risks push prices higher?Crude oil prices are nearing $100 per barrel, driven by escalating geopolitical tensions between the US and Iran. While physical supply rem...
Oil ends week higher on renewed US-Iran strikes, diesel hits recordOil prices have surged dramatically this week amidst escalating military tensions between the U.S. and Iran. Record-high retail diesel pric...
Oil set for steepest weekly gain since mid-July over intensifying US-Iran tensionsOil prices are on the rise, driven by escalating supply risks in the Middle East. The renewed hostilities between the U.S. and Iran have he...
Oil importers are learning to live with a new reality as old routes of business fall apartOngoing tensions involving Iran are pushing major oil importers to develop alternative supply routes, which increasingly bypass the supply ...
Saudi Arabia says Iran attacked vessel in Hormuz, killing two sailorsSaudi Arabia reported an Iranian attack on a national oil tanker. This incident tragically killed two Filipino seafarers on Monday. The sup...
What are Iran's options to retaliate as open warfare resumes with the US?The US launched a fresh wave of attacks on Iran, prompting Iranian missile strikes on what Tehran said were US assets in Jordan, Bahrain, K...
Iran defiant as Scott Bessent says US likely to announce bank sanctions this weekWashington plans to announce bank sanctions against Iran this week. Oil prices increased after direct attacks and tanker incidents. Iran wa...