The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.

Israel has conducted roughly 150 strikes on Iran over two days, while Iranian forces have fired roughly 200 ballistic ...

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 ...

Thirty percent of the world’s seaborne oil trade flows through the Strait of Hormuz. Iran and its proxies could block it.

Iran's oil ministry said late Saturday that Israel has struck the Shahran oil depot in western Tehran—one of the capital’s ...

Ukrainian President Volodymyr Zelensky says rising global oil prices following Israeli strikes on Iran will strengthen Russia ...

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 ...

While not officially taking over Chevron’s assets, Chinese companies like China Concord Petroleum and Anhui Guangda Mining ...

IRAN launched scores of ballistic missiles at Israel in multiple waves as the Ayatollah’s vengeance edges the Middle East ...

The IDF said its air force had carried out an “extensive series of intelligence-based strikes” on a number of targets in ...