Oil

Qatar facing 'strategic shock' in energy, influence crisis in wake of Iran war

During the war, Qatar faced around 700 Iranian missile and drone attacks targeting US bases on its territory. Although no civilian casualties were reported, its economy faced devastating impacts.

People gather as smoke rises at the Industrial Area after reported Iranian missile attacks, following United States and Israel strikes on Iran, in Doha, Qatar, March 1, 2026
BP Cherry Point Refinery, near Seattle, Washington; illustrative.

At least four injured in incident at BP refinery near Seattle

An aerial view shows the oil tanker named Boracay (also called Pushpa), a vessel being investigated by French authorities and suspected of belonging to the so-called "shadow fleet" involved in the Russian oil trade, off the coast of the western France port of Saint-Nazaire, France, October 2, 2025

US renews Russian oil waiver after pressure from countries dealing with Iran war price shocks

An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the US-Israeli conflict with Iran, in Shinas, Oman, March 11, 2026.

Five tankers seen loading oil on Iran's Kharg Island, as US blockades Strait of Hormuz - report


Trump’s five day window for Iran deal may decide Israel’s inflation path, expert tells ‘Post’

Economists warn Israel’s inflation could rise if Iran talks fail, as oil market shocks increase fuel prices and ripple across the economy.

Israel Navy missile ship patrols near gas field‏

International Energy Agency: Middle East oil crisis severe, global economy at risk

“A stock release will help to comfort the markets, but this is not the solution. It will only help to reduce the pain in the economy," IEA Executive Director Fatih Birol said.

 International Energy Agency (IEA) Executive Director Fatih Birol speaks during a press conference in Istanbul, Turkey, March 12, 2026.

Saudi Aramco boss pulls out of international energy conference due to Iran conflict, source says

The withdrawal of the CEO of the world's top oil exporter from this conference highlights the scale of the challenge he faces in dealing with the Iran crisis.

 Amin H. Nasser, President & Chief Executive Officer Saudi Aramco, speaks during the CERAWeek energy conference in Houston, Texas, US March 8, 2022.

US considers ground operation to seize Iran’s Kharg Island amid tensions, source tells Post

A US official confirmed to the Post that “the US military has accelerated the deployment of thousands of Marines and Navy personnel to the Middle East.”

A satellite image shows damage on Kharg Island, Iran, after US strikes, amid the U.S.-Israeli conflict with Iran, March 14, 2026.

US has 'plenty of money' to fund war in Iran, Treasury Secretary Scott Bessent says

US President Donald Trump has not yet sent a request for the Senate and House of Representatives to approve additional funding, and his administration has made clear that the number could change.

US Treasury Secretary Scott Bessent looks on as he speaks to the media after two days of meetings with a Chinese delegation, in Paris, France March 16, 2026

Ending Tehran's energy blackmail: New tech could end world's Iranian oil dependence - opinion

The technological revolution now underway is beginning to change the rules of the game.

A ship passes through the Strait of Hormuz.

Philippines allows dirtier Euro-II fuel use to ease supply crunch amid Middle East crisis

"The measure is intended to help maintain a continuous, adequate and accessible fuel supply, while allowing limited flexibility for sectors that may be affected," the DOE said.

A sharp spike in oil prices rattled equities and revived fears of a renewed global inflation wave.

It’s the oil prices, stupid: The West’s principles collapse when prices rise - opinion

The Strait of Hormuz is not just another geopolitical flashpoint. It is the artery through which roughly a fifth of the world’s oil supply flows.

 A map showing the Strait of Hormuz and Iran is seen in this illustration taken June 22, 2025.

Expert warns Haifa refinery is ‘time bomb’ despite limited damage in Iranian strike

The Bazan refinery in Haifa Bay has long been a source of environmental concern. The latest round of Iranian missile fire has now placed those concerns in a wartime context.

Fire rises from the Bazan power plant in the northern Israeli city of Haifa, June 15, 2025.

US issues 30-day sanctions waiver for sale of Iranian oil at sea

"In essence, we will be using the Iranian barrels against Tehran to keep the price down as we continue Operation Epic Fury," Bessent said.

The silhouette of an oil and chemical tanker off the Gulf of Fos-sur-Mer at sunset, in Martigues, France, March 20, 2026.