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Israeli airstrikes targeting Tehran’s energy infrastructure have escalated the conflict with Iran, igniting major fires, ...
The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.
Israeli energy company Bazan said its Haifa oil refinery suffered pipeline and transmission line damage during Iran’s ...
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 ...
Fears that Israel may destroy Iranian oil facilities to deprive it of its main source of revenue have driven oil prices ...
Iran has in the past threatened to disrupt shipping through the Strait of Hormuz if it is attacked. The Strait is the exit ...
Market watchers believe a full-scale disruption of global oil flows by closing the waterway is unlikely, and might even be ...
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