Oil

Iran’s oil gamble could turn Gulf attrition into Tehran’s own nightmare - opinion

As attacks spread across Gulf energy infrastructure, Iran may discover its own oil economy cannot survive prolonged attrition.

Smoke rises above Riyadh, Saudi Arabia, March 5, 2026
A firefighter is seen on a site, as smoke billows from a fire at oil refinery, owned by Russian oil producer Gazprom Neft, in Moscow, Russia, November 17, 2018.

Ukraine attacks Russian oil refinery 700 km deep into Russian territory

Gambia-flagged tanker vessel Bili is pictured anchored in the Strait of Hormuz off Bandar Abbas in southern Iran, May 2, 2026.

NATO not drawing up plans for Hormuz mission, top commander says

A general view of the Treasury Building on day two of a partial government shutdown in Washington, DC, US, February 1, 2026.

US sanctions Iranian foreign currency exchange, international front companies


IDF strike kills Head of Commerce at Iranian regime's oil headquarters

The IRGC's Oil Headquarters generates billions of dollars annually in profits for the Iranian regime's brutal police force through oil sales.

IDF GRAPHIC describing Mohammad Reza Ashrafi Kahi.

Iranian drone attack sparks fire at Shuwaikh Oil Complex in Kuwait

The drone attack caused a fire at the Shuwaikh Oil Sector Complex, but no injuries were reported.

Kuwait Petroleum Corporation headquarters, illustrative.

World food prices set to continue soaring if Iran war persists, says UN report

The global surge in food prices comes as the Strait of Hormuz, a key shipping route in the Middle East, remains shut down as governments scramble to reopen it.

A map showing the Strait of Hormuz, also known as Madiq Hurmuz, and 3D printed oil barrels are seen in this illustration taken March 26, 2026.

IDF kills Iranian ballistic missile chief, US strike targets key supply bridge in Tehran

US strike targets a major highway bridge connecting Tehran to Karaj, with a source saying the strike was intended to disrupt Iranian supply routes used to transport missile and drone components.

Smoke rises from the site of a strike in Tehran on April 1, 2026.

Gulf states consider bypassing Strait of Hormuz with new oil pipelines via Haifa - FT

The Financial Times reported that the Gulf states aim to create a new network of pipelines, roads, and railways to stop relying on the Strait of Hormuz.

3D-printed oil barrels, an oil pump jack and a map showing the Strait of Hormuz and Iran appear in this illustration taken March 2, 2026.

Bahrain's Strait of Hormuz resolution runs into fresh obstacles at UN

Bahrain's initial draft had explicitly invoked Chapter VII of the UN Charter, which allows the Security Council to authorize measures ranging from sanctions to military force.

Jamal Fares Alrowaiei, Permanent Representative of the Kingdom of Bahrain to the United Nations, addresses the Security Council during the meeting on the situation in the Middle East, at UN headquarters in New York City, US, February 18, 2026.

Exposing the hidden forces in the Iranian war

Shir Perets debunks viral claims and examines the narratives driving the conversation around Israel and the war.

Shir Perets debunks viral claims and examines the narratives driving the conversation around Israel and the war.

Iran war 'shock' is dimming outlook for many economies, IMF says

The International Monetary Fund warned that the war in Iran was causing a global, but asymmetric shock and leading to tighter financial conditions.

Iran and Iraq map. Ilustration.

Netanyahu: 'Only long-term solution for Hormuz crisis is rerouting pipes to Mediterranean'

"Long-term solutions include rerouting energy pipelines westward, across Saudi Arabia to the Red Sea and Mediterranean, bypassing Iran's geographic choke point," Netanyahu told Newsmax.

Indian Prime Minister Narendra Modi and Israeli Prime Minister Benjamin Netanyahu visit at the Yad Vashem Holocaust Museum in Jerusalem, February 26, 2026.

Trump again warns Iran to open Strait of Hormuz or risk US strikes on oil wells, power plants

Trump also threatened to attack Kharg Island and the desalination plants that supply clean water in Iran.

US President Donald Trump talks to members of the media aboard Air Force One en route to Joint Base Andrews, Maryland, US, March 29, 2026.