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UAE official says Iran’s Hormuz blockade amounts to ‘economic warfare’ Image

UAE official says Iran’s Hormuz blockade amounts to ‘economic warfare’

Strait Of Hormuz

3 min read

'You will see that impact not only on petrol prices, but you will see it impact grocery bills,' a United Arab Emirates official says

Security infrastructure supporting oil operations on Kharg Island hit: Report

Kharg Island

5 min read

US forces struck missile and mine storage sites on Iran's Kharg Island, avoiding oil facilities, as Trump threatens oil infrastructure strikes

Security infrastructure supporting oil operations on Kharg Island hit: Report Image

Iran may allow Hormuz oil shipments if traded in yuan: Report

Strait Of Hormuz

1 min read

Strait of Hormuz carries about 20 million barrels of oil per day and roughly 20% of the global liquefied natural gas trade.

Iran may allow Hormuz oil shipments if traded in yuan: Report Image

Iranian drones strike UAE's Fujairah oil terminal, suspend loading operations

United Arab Emirates

3 min read

Iranian drone strikes on the United Arab Emirates' Port of Fujairah sparked a fire and reportedly suspended oil loading operations

Iranian drones strike UAE's Fujairah oil terminal, suspend loading operations Image

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