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The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.
Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.
Ukrainian President Volodymyr Zelenskyy says rising global oil prices following Israeli strikes on Iran will strengthen ...
Israel has conducted roughly 150 strikes on Iran over two days, while Iranian forces have fired roughly 200 ballistic ...
The Saudi Arabia-led producer group has surprised the oil market this year by fast-tracking the return of idled production even as crude prices fell. It has prompted speculation that the cartel was ...
The local sharemarket is set to follow Wall Street lower on Monday as investors brace for wild swings in oil prices amid ...
"Tehran is ablaze," Defense Minister Israel Katz said as footage shared on social media from the strike showed large fires at ...
DUBAI, United Arab Emirates (AP) — Israel launched an expanded assault on Iran on Sunday, with direct strikes targeting its ...
A trader forecasts Bitcoin may reach $119,000 if oil price pattern holds, SharpLink Gaming has acquired $463 million Ether: ...
The IDF said its air force had carried out an “extensive series of intelligence-based strikes” on a number of targets in ...
Israel and Iran launched fresh attacks on each other late on Saturday, stoking fears of a wider conflict after Israel ...