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Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...
The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.
Analysts said OPEC might not see any urgency to shift policy, as the surge in prices was driven by a rising risk premium ...
Oil prices leaped, and stocks slumped on worries that escalating violence following Israel's attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with ...
Iran has been battling an acute energy crisis for months because of gas shortages, and repairing any damage would both be ...
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