News

Iran’s Vital Oil Industry Is Vulnerable in an Escalating Conflict
The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.
An Iran oil shock would put global growth on a slippery slope
The Iran shock presents two risks to the price of oil, which rose 8 per cent to $74 a barrel on Friday morning, a sizeable ...
OPEC+ would struggle to cover major Iranian oil supply disruption
Fears that Israel may destroy Iranian oil facilities to deprive it of its main source of revenue have driven oil prices ...
Oil jumps more than 7% on supply risk from Israel-Iran conflict
Crude futures jumped more than $5 a barrel on Friday after Israel launched airstrikes against Iran without U.S. support.
Analysis-OPEC+ Would Struggle to Cover Major Iranian Oil Supply Disruption
Iran has in the past threatened to disrupt shipping through the Strait of Hormuz if it is attacked. The Strait is the exit ...
Iran says production at world's largest gas field partly suspended after Israeli attack
Iran has partially suspended gas production at the world's biggest gas field after an Israeli strike caused a fire there on ...
Why Iran won't block the Hormuz Strait oil artery even as war with Israel looms
Market watchers believe a full-scale disruption of global oil flows by closing the waterway is unlikely, and might even be ...
Investors on Edge Over Israel-Iran Conflict, Anti-Trump Protests
NEW YORK (Reuters) -Dual risks kept investors on edge ahead of markets reopening late on Sunday, from heightened prospects of ...