Oil and gas

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Analysis

How long can Iran's economy weather US naval blockade?

Analysts believe the blockade will choke exports for essential items coming into Iran, like food and medicines.

In Bristol, reporting on regional business, climate change, AI, tech

ANGELA WEISS/AFP via Getty Images

Why are Wall Street banks posting record profits amid Iran war?

The US-Israel-Iran war has roiled the global economy since Feb. 28, but the resulting market volatility has boosted trading profits for some.

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As US blockades Hormuz, China urges restraint, rejects call to ditch Iran oil

Beijing and Ankara called for calm as the US began its blockade of the Strait of Hormuz as regional diplomacy over the fragile ceasefire intensifies.

This picture taken on Oct. 19, 2020 in Istanbul shows Turkey's third drilling ship 'Kanuni' as it enters the bosphorus near Haydarpasa port.

Turkey launches first overseas drilling mission in Somalia: What to know

A drilling ship has reached Somalia to start Turkey's first overseas drilling mission as regional rivalry heats up in the Horn of Africa.

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Analysis

How fast can Gulf energy production rebound after US-Iran ceasefire?

picture of Qatar Energy's operating facilities on March 3, 2026, in Ras Laffan Industrial City, Qatar.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

EIA hikes 2026 oil price forecasts 22% as Hormuz fuels long-term market fallout

Gas prices over $6.00 are displayed at a Shell station across from the Marathon Petroleum Corp's Los Angeles Refinery on April 02, 2026, in Carson, California.

Iran threatens energy shock, ups Gulf strikes ahead of Trump deadline: What to know

A family sits against the backdrop of a dockyard in Khor Fakkan in the Gulf emirate of Sharjah, off the coast of the Gulf of Oman, on Feb. 25, 2026.

US strikes Iran’s Kharg Island as Trump threatens 'whole civilization'

Motorists ride scooters near a large political banner, depicting missiles being fired behind Iranian demonstrators in solidarity with the government, at Valiasr Square in Tehran on April 6, 2026.

Lorries roll along the highway between Riyadh and al-Ahsa, some 200 kilometers east of the Saudi capital, on March 15, 2026. The war sparked by US-Israel strikes on Iran on February 28 has sparked chaos on global markets, and sent the price of oil soaring after the Islamic republic imposed control by force over the crucial artery. (Photo by Fayez NURELDINE / AFP via Getty Images) /

US tells citizens to leave Saudi Arabia as Iran strikes energy sites: What to know

The US Embassy in Riyadh urged its citizens to leave Saudi Arabia after a spike in Iranian attacks targeting energy facilities in the kingdom.

A view of the oil refinery on March 17, 2026 in Erbil, Iraq.

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Iraqi oil flows to Turkey after US pledges role in Baghdad-Kurds customs dispute

A US-brokered breakthrough between Baghdad and Erbil has restarted Iraqi oil exports through Turkey after a weeklong standoff.

Amberin Zaman

By Amberin Zaman

Reporting on geopolitics, minorities, human rights, culture

A picture shows smoke billowing from the Central Production Facility 1 gas refinery in Iraq's southern Maysan province on May 29, 2022.

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Dana Gas evacuates Khor Mor staff in Iraq's Kurdistan Region after Iran threats

Tehran has warned it will target Gulf oil and gas facilities following Israel's strike on South Pars.

Amberin Zaman

By Amberin Zaman

Reporting on geopolitics, minorities, human rights, culture

Lin Jian

China to send aid to Iran, Lebanon, Iraq, Jordan as Trump delays Beijing summit

The aid announcement comes as President Donald Trump said Tuesday that his late March visit to China would be postponed.

The city skyline is pictured in Dubai on March 11, 2026.

Analysis

How long can markets hold their bet on Gulf resilience as war drags on?

A prolonged closure of the Strait of Hormuz and continued assaults on Gulf energy infrastructure are likely to lead to regionwide credit deterioration, experts say.

In Bristol, reporting on regional business, climate change, AI, tech

An Iraqi oil tanker waits at the Khawr Abd Allah canal leading up to Al-Faw port in southern Iraq, on June 6, 2024.

Desperate to sell its oil, Iraq turns to Turkey amid standoff with Kurds

As Iraq looks to reroute oil to Turkey, Baghdad is also using the plan to push the Iraqi Kurds to greenlight exports through their territory.

A fuel pump is seen while refuelling a car at a gas station on March 13, 2026 in Kobe, Japan. Japan will release oil reserves to address the rise in gasoline and other petroleum products prices starting next Monday, said Prime Minister Takaichi Sanae. The International Energy Agency (IEA) stated that its member countries agreed to release the largest volume of emergency oil reserves in its history, responding to the disruption in energy markets caused by the Middle East War. (Photo by Buddhika Weerasinghe/G

IEA's Asian members begin deploying emergency oil reserves

International Energy Agency head Fatih Birol said Asian members were releasing more than 100 million barrels of crude to stabilize markets.

Commercial vessels are pictured offshore in Dubai on March 11, 2026. AFP via Getty Images

Oil jumps above $100 as energy crisis called worst in history: What to know

The latest spike is the second time in a week that oil prices have climbed above $100 a barrel.

People sit in a cafe outside the Apple Store in Dubai on May 8, 2025. (Photo by Giuseppe CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images)

Citi, HSBC order Gulf evacuations after Iran threatens US tech, banks

The United Arab Emirates is home to Dubai Internet City, which hosts more than 4,000 businesses, including US tech giants such as Google, Microsoft, Oracle, Dell, Amazon, Mastercard and Visa. Several of these companies also have offices in Abu Dhabi.

Sakis Mitrolidis / AFP via Getty Images

Group of 32 states to release 400M barrels of oil reserves: What to know

The move would mark the agency's largest ever release of oil reserves to stabilize the global market.

In Bristol, reporting on regional business, climate change, AI, tech

Gavriil Grigorov / AFP via Getty Images

Russia denied sharing intelligence with Iran in Trump call, Witkoff says

Russia denied US reports that it may have provided Tehran with targeting information on American assets in the region.

The sun sets behind burning gas flares at the Dora Oil Refinery Complex in Baghdad on Nov. 24, 2025.

Exclusive

Baghdad, US turn to Iraqi Kurds for oil exports as Iran war hits supplies

Baghdad wants Kurdish pipelines to move up to 200,000 barrels per day to global markets, but Erbil is demanding relief from a dollar embargo and greater autonomy over trade.

Amberin Zaman

By Amberin Zaman

Reporting on geopolitics, minorities, human rights, culture