Oil futures were barely moved by Iran’s unprecedented attack on Israel, with traders attributing the lackluster price action to the notion that the strike was well-flagged beforehand, and expectations that the conflict will remain contained in […]
Iran launched a barrage of drones at Israel, officials said April 13, in a significant escalation of tensions in the oil and gas rich Middle East, after earlier impounding an Israeli-linked cargo vessel near the […]
Iran’s Revolutionary Guard Corps (IRGC) Navy has seized a containership belonging to Israeli billionaire Eyal Ofer’s Zodiac Maritime and operated by Mediterranean Shipping Co (MSC) near the Strait of Hormuz. Iran state news agency IRNA […]
Israel’s military says Iran has launched drones toward Israel JERUSALEM — Iran launched drones toward Israel late Saturday, the Israeli military announced, and Iran’s state-run media reported that dozens had been fired. The Israeli army’s spokesman, […]
Tehran is factoring in potential American reprisals, officials have told the news outlet The US expects Iran to moderate its retaliation for an Israeli airstrike on its consulate in Damascus out of fear that Washington […]
Iran could close the major oil shipping route known as the Strait of Hormuz if necessary, the commander of Iran’s Revolution Guard’s navy said on Tuesday. But for now, it will keep it open, he […]
After a slow start to the year, energy has emerged as the sector to watch with crude oil futures soaring to a five-month high in the wake of escalating geopolitical tensions in the Middle East. […]
The US has imposed sanctions on a United Arab Emirates-based shipmanager and 13 vessels linked to its role in shipping commodities on behalf of Iran’s military. The US Department of the Treasury’s Office of Foreign […]
An Israeli airstrike on an Iranian consulate building in Syria killed a top Iranian commander on Monday, in a sharp escalation of the ongoing shadow war between Israel and Iran against the backdrop of […]
The Marshall Islands-flagged tanker Advantage Sweet was seized by Iran, with Tehran claiming retaliation for American sanctions and planning to use the oil sale proceeds to aid epidermolysis bullosa patients. The US State Department criticized […]
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