Iran War: Oil Refinery Attacks Causing Gas Price Surge

Iran war: Oil refinery attacks causing gas price surge

Iran is escalating attacks on oil supplies, striking two tankers in Iraqi waters. Iran's new supreme leader says the leverage of closing the Strait of Hormuz should be used and the attacks on gulf Arab neighbors will continue. FOX 10's Ron Hoon reports.

Trump says Iran should skip World Cup for the players' ‘life and safety'

The price of Brent crude oil spiked back over $100 as Iranian strikes hit ships in the regions waters and the ongoing American-Israeli war with Iran showed no...

Iran War Escalates, Oil Prices To Explode | The Right Wing Club

The Strait of Hormuz is twenty-one miles wide at its narrowest point. Twenty-one miles. That’s roughly the distance between a bad idea and a full-blown international crisis — and right now, Iran is standing in the middle of it with a match. Three ships got hit Wednesday. Three. In the same day. In the same choke point that handles about 20 percent of the world’s oil supply. The Japanese-flagged ONE Majesty took a projectile hit while anchored ne…

Oil jumps 6% as Iran escalates attacks on Gulf shipping - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

Oil prices rose sharply on Thursday as Iran stepped up attacks ‌on oil and transport facilities across the Middle East, fuelling concerns of a prolonged conflict and potential disruptions to oil flows through the Strait of Hormuz. Brent futures climbed $5.95, or 6.47%, to $97.93 a barrel at 0915 GMT, having hit $100 per barrel in earlier trading, while US West Texas Intermediate ​crude was up $5.25, or 6%, to $92.50. Brent hit $119.50 a barrel o…