Around 90% of Iran's oil exports pass through Kharg Island, but the US president says oil infrastructure was not targeted.
The mess in the Middle East has awoken powerful threats that can menace every corner of the world economy when the supply of ...
The message attributed to Mojtaba Khamenei was read by a presenter on Iranian state TV. He has not been seen in public since succeeding his father.
Al-Monitor on MSN
Kharg Island, struck by US, is key hub for Iran oil exports
March 14 (Reuters) - Kharg Island, where U.S. forces on Friday destroyed military targets, is the hub for 90% of Iran's oil exports and has long been seen as a key vulnerability that would provoke a ...
Rising oil prices, spurred on by the war in Iran, have exacerbated Nigeria's energy crisis.
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US warns its citizens to leave Iraq as Trump repeats call for allies to help secure Strait of Hormuz
Meanwhile, a fire continues to burn at the port of Fujairah in the UAE after it was targeted by a drone strike earlier.
Some experts are hoping that rising energy prices and disruption of shipping will encourage countries to ditch fossil fuel ...
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