Iran

KEY POINTS Iran has warned it could shut the Strait of Hormuz indefinitely if the United States carries out threats to attack its power infrastructure. The warning followed a 48-hour …

KEY POINTS The government of Qatar has confirmed that Iranian missile strikes caused significant damage to the Ras Laffan Industrial City, the country’s primary gas production hub. Authorities said the …

Kurdish oil exports are booming despite a pipeline shutdown, with trucks carrying crude to Iran and Turkey. The US is monitoring the trade to assess compliance with sanctions.

Oil prices climbed higher on Thursday, extending the previous day’s sharp gains, as the Middle East faced multiple crises that threatened to disrupt the region’s oil supply. A series of …