DUBAI -Iran's oil minister landed on Kharg Island, home to the country's main export terminal, and held talks with a naval commander on Sunday, the oil ministry's news website Shana reported, amid ...
Whatever happens, oil prices look set to be nearer $50 a barrel than $100 for the foreseeable future. Only an all-out war in the Middle East can change that outlook.
Analysts believe that a major supply disruption, such as the closure of the Strait of Hormuz, remains unlikely.
An about 20% rise in the global price of a barrel of oil is predicted if Israel launches missile attacks against Iranian oil fields.
While Iran can export 1.7 million barrels, Saudi Arabia, alone, has been able to increase production by three million barrels per day. President Joe Biden stated he was opposed to strikes on Tehran’s ...
The question of the path of crude prices from now on will largely depend on Israel's response to the Iranian attack ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
So how will Israel strike next, and how far will they go to hit in their next attacks? MailOnline looks into their three main ...