> war
> war
Analysis: Why Iran struck the Fujairah oil facility and is “dragging” the US & Gulf countries back into war
The strategically important oil facility in Fujairah is critical for the global energy market – The port lies outside the Persian Gulf and is connected to UAE pipelines that bypass the Strait of Hormuz
Double drone attack by Iran: Fire at oil facility in Oman, repeated alerts in Dubai
Oil prices surged again, rising above $113 after the attack on facilities in Fujairah
Iran submits new proposal to US to end the war
Tehran’s latest proposal, delivered through Pakistani mediation, comes at a moment when negotiations appear to have reached a stalemate
Donald Trump met with Chevron and other oil giants: Concerns over the “war shock” in energy prices
The U.S. president regularly holds meetings with industry executives in order to stay informed about developments. Gasoline prices in the U.S. have reached $4.18 per gallon, the highest level since 2022
32 Greek-interest tankers stranded in the Persian Gulf
Who owns them - More than 150 tankers of international interests are stuck overall
Zelensky threatens Israel with sanctions for buying Ukrainian grain stolen from Russia
"Russia confiscates grain from the temporarily occupied Ukrainian territories and organizes its trade through persons connected with the occupiers. Such plans violate the laws of Israel itself," the Ukrainian president said.
Oil: Brent heading toward $110 due to Hormuz, with the Fed, BOJ, and fears of a new energy shock in focus
According to experts, it will take at least four to six months for the oil market to stabilize, and until then prices are likely to remain elevated