Oil prices jumped as markets react to escalating tensions after Qatar said Iranian missile strikes damaged a key liquefied natural gas export facility.
The Iran war is restricting shipments of Saudi and Iraqi oil through the crucial Strait of Hormuz. That's raising prices on ...
Oil prices edged lower on Friday after a tumultuous day that saw the international benchmark surge above $119 a barrel as the Middle East conflict deepened energy supply fears.
Gas prices are surging across the US as the Iran war disrupts oil supply. See the 20 states where prices are rising fastest.
"If the price of oil goes up, the price of everything goes up," said former U.S. Energy Secretary Ernest Moniz.
Attacks on oil and natural gas facilities this week could make it much harder for Persian Gulf countries to rebuild and restart production when the war eventually ends.
Iran has broadened its strikes on major energy facilities in the Middle East, eliciting strong warnings from Gulf Arab states ...
Iran war puts at risk key pipelines, terminals and refineries that supply the world with oil and gas
Attacks by the U.S. and Israel on Iran, and Iranian missile and drone attacks on neighboring countries, have disrupted oil ...
The Iranian government threatened to strike oil and gas facilities in Qatar, Saudi Arabia and the United Arab Emirates (UAE) on Wednesday, in response to an attack on its South Pars natural gas field.
The Trump administration fired key experts that could have helped with the current situation in the Strait of Hormuz.
Oil pumping operations are expected to begin imminently off the coast of California after President Trump issued an executive ...
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Oil Regulators Found Hundreds of Wells Violating Oklahoma Rules. Then They Ignored Their Findings.
The post Oil Regulators Found Hundreds of Wells Violating Oklahoma Rules. Then They Ignored Their Findings. appeared first on ProPublica.
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