Natalie ScottTankers sail in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in…
Jade CarterIn an aerial view, oil storage tanks are seen at the Big Spring Refinery on March 19, 2026 in Big Spring, Texas. Brandon Bell | Getty Images Oil prices rose…
Natalie ScottThe Pentagon and National Security Council significantly underestimated Iran’s willingness to close the Strait of Hormuz in response to US military strikes while planning the ongoing operation, according to multiple…
Jade CarterIran has begun laying mines in the Strait of Hormuz, the world’s most important energy chokepoint that carries about one-fifth of all crude oil, according to two people familiar with…
Lily MaxwellA day after oil prices reached a four-year high, last seen when Russia invaded Ukraine, they have fallen to below $100 per barrel – but are still higher than the…
