3+ hour, 4+ min ago   (257+ words) Saudi Arabia has shut down a key oil pipeline after accusing Iraqi militants of attacking the export route, which had been used to bypass the blocked Strait of Hormuz, The Guardian reports. The East-West pipeline, which stretches about 1,200 kilometers, connects…...

3+ day, 1+ hour ago   (310+ words) Oil prices have remained above $100 a barrel as traders assess the risk of further disruption to global supplies following escalating attacks on shipping between Iran and the US. Brent crude futures edged 0.1% lower to $101.10 a barrel by 02:56 GMT on September…...

4+ day, 3+ hour ago   (467+ words) The global shift away from oil could trigger migration, political instability and economic crises in vulnerable producer countries unless governments and international institutions act urgently, according to research by the E3G think tank. Countries including Nigeria, Iran, Angola and Algeria are…...

4+ day, 3+ hour ago   (308+ words) Oil prices rose for a fourth consecutive session on Wednesday, gaining more than $1 in early trading as renewed attacks across the Middle East heightened concerns over disruptions to crude supplies. Brent crude futures rose 1.4% to $99.33 a barrel by 0212 GMT, while…...

5+ day, 7+ hour ago   (336+ words) Two leading commodity trading houses have reported a sharp surge in profits as the war in Iran has disrupted global energy markets and created lucrative opportunities for traders willing to navigate heightened volatility and supply risks. Mercuria Energy Group’s profits…...

1+ week, 4+ day ago   (225+ words) The United States and Iran have exchanged massive strikes, with US Central Command (CENTCOM) reporting attacks that hit Iranian vessels, radar, communications and air defence systems, while the Iranian military claimed to have struck air bases in Bahrain and Kuwait,…...

1+ week, 5+ day ago   (268+ words) US President Donald Trump has vowed a strong response after Iran fired missiles at American forces in Jordan. “We’re going to hit them hard,” Trump told Fox News in a phone call on August 31. “There will be a response.” Trump…...

2+ week, 6+ day ago   (350+ words) Caliber.Az China warns sanctions cannot solve Iran crisis, calls for dialogue Sanctions and pressure cannot resolve problems, as they only raise tensions, worsen the situation and serve no one's interests, Chinese Foreign Ministry spokesperson Lin Jian said. Lin made…...

3+ week, 14+ hour ago   (323+ words) Caliber.Az Iran lifts restrictions on Iraqi shipping through Strait of Hormuz Iran has lifted restrictions on Iraqi shipping through the Strait of Hormuz, according to Iran’s state news agency IRNA. The agency said the decision followed a request from…...

3+ week, 2+ day ago   (167+ words) US Vice President J.D. Vance has described economic pressure as the most effective tool available to Washington to influence Iran, saying the US hopes tougher measures will persuade Tehran to reconsider its position. Vance said Iran was facing more serious difficulties…...