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Iran attacks Kuwaiti refinery as Israel hits Tehran, sparking US blockade fears
Iran launched a second consecutive drone attack on Kuwait’s Mina Al-Ahmadi refinery on March 20. The assault caused multiple fires at the facility....
Iran drones hit Kuwait’s largest refinery, retaliating for South Pars strike
Iranian drones struck Kuwait's Mina Al-Ahmadi oil refinery on Friday for the second consecutive day. The attack sparked fires across multiple units of the...
U.S. to release 140M barrels of Iranian oil, countering $100 crude surge
The U.S. government announced plans on March 20, 2026, to release approximately 140 million barrels of sanctioned Iranian oil. Treasury Secretary Scott...
ExxonMobil production hit, following Iranian strikes on Saudi and Qatari facilities
Iranian military strikes damaged ExxonMobil-linked energy infrastructure in Saudi Arabia and Qatar. The attacks hit the SAMREF refinery and liquefied natural...
Iran strikes Gulf energy hubs, sending global energy prices soaring
Iran launched a major retaliatory assault on March 19 against critical energy infrastructure across the Persian Gulf. The strikes targeted facilities in Qatar,...
QatarEnergy halts LNG production after Iranian strikes, spiking oil to $120
Iran launched retaliatory missile and drone strikes on March 19. The attacks targeted critical energy infrastructure in Qatar, the UAE, Saudi Arabia, and...
Iran Attacks Gulf Energy Hubs, Sending Oil Past $115 After Israeli Strike
Iran launched drone and missile strikes against energy infrastructure in Qatar, Kuwait, and Saudi Arabia on Thursday. The attacks targeted Qatar’s Ras Laffan...
Iran Strikes Gulf Energy Hubs, Sending Brent Crude Toward $116
Iran launched retaliatory strikes on major energy facilities in the Gulf on Thursday. The attacks targeted Qatar’s Ras Laffan terminal, which supplies...
Iran Attacks Qatari Gas Hub, Sending Oil Past $111 as Hormuz Shuts
Iran launched missile strikes against Gulf neighbors on March 19. The attack caused extensive damage to Qatar’s Ras Laffan gas facility, the world’s largest...
Iran Attacks Gulf Energy Hubs, Pushing Brent Crude Above $112
Iran launched missile and drone attacks on Gulf energy infrastructure on March 19, 2026. The strikes targeted the United Arab Emirates and Qatar’s Ras Laffan...
JD Vance meets oil executives, tackling fuel spikes after Iran gas attack
Vice President JD Vance and senior Trump administration officials will meet oil and gas executives on March 19. The meeting at the American Petroleum Institute...
China Halts Fuel Exports, Risking Asian Shortages Amid Hormuz Conflict
China has banned all exports of diesel, gasoline, and jet fuel until at least the end of March. This decision aims to prevent domestic shortages during the...
Reliance Backs America First Refining, Securing US Oil Amid Iran Conflict
Mukesh Ambani’s Reliance Industries is the lead investor in America First Refining. This project marks the first major new oil refinery built in the United...
Iran drones hit UAE energy hubs, halving output as Brent tops $103
Iran launched drone attacks against the Shah gas field and Fujairah oil hub in the United Arab Emirates. The strikes forced a suspension of operations at the...
Iraq seeks Iran deal for Hormuz oil transit, as prices top $100
Iraq Oil Minister Hayan Abdel Ghani confirmed direct negotiations with Iranian authorities to secure passage for Iraqi tankers through the Strait of Hormuz....
ADNOC Suspends UAE Energy Operations After Strikes, Sending Oil Past $103
Drone strikes targeted critical United Arab Emirates energy infrastructure on March 17. The attacks hit the Shah gas field and the Fujairah oil port. ADNOC...
UAE Halts Major Energy Hubs, Brent Hits $103 After Drone Attacks
The UAE suspended operations at the Shah gas field and Fujairah oil port on Tuesday following drone attacks. Attributed to Iran, the strikes caused fires at...
UAE and Iraq Energy Sites Hit, Pushing Brent Crude Above $100
Drone strikes targeted energy facilities in the United Arab Emirates and Iraq on Tuesday. An attack at the Shah gas field, one of the world's largest sour gas...
Iran Strikes UAE and Iraqi Energy Sites, Pushing Oil Above $100
Iran launched drone and missile attacks on Tuesday, striking the Shah natural gas field in the United Arab Emirates and an Iraqi oil field. The attack on the...
IEA releases record 400 million barrels, oil holds above $100 amid blockade
Brent crude traded at $101.49 on March 17. Prices remain above $100 per barrel as geopolitical risks offset supply efforts. The Middle East conflict...