Oil

Airline shares battered, airfares surge as Iran war pushes oil above $100

Some jet fuel prices have doubled since the start of the conflict, with a growing risk of widespread aircraft groundings due to a potential drop in travel.

An Emirates Airbus A380 passenger aircraft prepares for landing at Dubai International Airport in Dubai on March 8, 2026.
Smoke continues to rise after a reported strike on fuel tanks in an oil refinery, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 8, 2026.

Lessons from Iran: Decentralized, renewable energy vital for Israel’s defense, expert tells 'Post'

People walk as smoke rises in the background after a reported strike on Shahran fuel tanks, in Tehran, Iran, March 8, 2026

US surprised by scope of Israel's attacks on Tehran fuel depots, warns strikes could backfire

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

Oil prices spike as Asian markets tumble on Hormuz fears


Iranian debris damages UAE petrol facility, drones damage Bahraini residences, injures 32 civilians

Iraq, Saudi Arabia, Kuwait, and Qatar also came under attack, as Oman's Muscat airport limited private jet flights into the Gulf State's capital.

Fire and smoke rise in the Fujairah Oil Industry Zone, caused by debris after interception of a drone by air defenses, UAE, March 4, 2026; illustrative.

Israel’s strikes expose the vulnerability of Iran’s energy lifeline

The images emerging from Tehran this week depict what witnesses are calling a “hellscape” - an inferno stretching across the horizon as Israel reportedly targets fuel sites in Iran.

Smoke rises following an explosion, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 7, 2026.

Iran war tests India’s balancing act between the US, Israel, and Tehran - analysis

New Delhi seeks to balance ties with Washington, Jerusalem, and Tehran while protecting trade routes, energy supplies, and 9 million citizens working across the Gulf.

The flags of Israel and India flutter as Narendra Modi makes a state visit to Israel, outside of the Knesset, in Jerusalem, February 25, 2026

Iran's threat to burn ships is choking off Persian Gulf oil flow to world - explainer

Shipping companies are already heeding Iran's warning, and the price of a gallon of gas is rising, most notably in California.

 US military forces boarded the crude oil tanker Aquila II in the Indian Ocean after pursuing it from the Caribbean. The vessel was accused of breaching Washington's blockade on sanctioned vessels traveling to or from Venezuela. February 9, 2026.

US offers $20b. reinsurance plan to spur Gulf oil flow amid Operation Epic Fury, Iranian attacks

The Trump administration is deploying a $20 billion maritime reinsurance program through the DFC to restore Hormuz shipping. Move targets soaring energy prices as Iran war halts Gulf commerce.

Oil tankers pass through the Strait of Hormuz, December 21, 2018.

Israel Air Force strikes Iranian oil facilities, military source says

Earlier, Iranian state media had reported that the Islamic Revolutionary Guards Corps said it had targeted the Haifa oil refinery in response.

Smoke rises following an explosion, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 7, 2026.

Traders warn $100-a-barrel oil is imminent if Iran war keeps raging

While oil and gas prices have surged this week, as ship traffic through the Strait of Hormuz has all but halted, they remain far below the highs seen just after Russia invaded Ukraine.

A sign shows gasoline prices that are significantly higher than the day before, when Super E10 was still below EUR 1.80, at a petrol station on March 02, 2026 in Berlin, Germany.

IRGC claims to have struck oil tanker in Strait of Hormuz, UKMTO issues warning in area

The IRGC claimed to have struck a Marshall Islands-flagged tanker in the Strait of Hormuz, according to a report by Iranian media.

Oil tankers pass through the Strait of Hormuz, December 21, 2018.

Trump on rising gas prices during Iran operation: 'If they rise, they rise'

Trump prioritizes the Iran military campaign, dismissing concerns over rising gas prices, as White House officials scramble for solutions to combat rising energy costs.

High gas prices are displayed at a downtown Chevron station on March 3, 2026 in Los Angeles, California.

Saudi Arabia intercepts Iranian ballistic missiles, drones, Bahrain suffers damage from Iran strike

Iran continues to launch attacks on Gulf countries, including Qatar's Al Udeid Air Base, amid operations Epic Fury and Roaring Lion, causing damage in Bahrain's capital, Manama.

A Patriot missile battery is seen near Prince Sultan air base at al-Kharj on February 20, 2020; illustrative.