Iran parliament speaker says US president using idea of talks to 'escape quagmire in which US and Israel are trapped'.
Rerouting and diversification cannot help when a significant chunk of oil and gas have been taken off the market.
Strikes on gas sites in the Iran war are driving up energy costs, pushing up prices for power, food and more worldwide.
The US president has proven that hitting hard and fast rather than engaging in endless negotiations guarantees victory.
Israeli military says it will continue operations in line with Israeli government directives until told otherwiseMiddle East crisis – live updatesThe Israeli military said it had launched a new wave of strikes on Tehran, after Donald Trump signalled a …
There is expected to be pushback from Israel following President Donald Trump’s move towards de-escalation with Iran.
After Tehran targeted the UK-US base on Diego Garcia, Israel’s military said European capitals were also at riskMiddle East crisis – live updatesThe Israel Defense Forces (IDF) claimed at the weekend that Iran had weapons able to travel about 4,000km (…
Donald Trump has delayed his deadline for Iran to open the strait of Hormuz, saying he is postponing strikes on Iranian power plants for a five-day period. The US president had threatened to ‘obliterate’ the regime’s power plants, while Tehran said in …
Lebanon fears that Israel’s attack on Qasmiyeh Bridge could be a “prelude to a ground invasion”.
Members of the International Energy Agency have agreed to release 400 million barrels of oil from strategic reserves.