The Iran war is not only disrupting the global energy market but is also threatening the world’s supply of helium and aluminum, key materials used in products such as semiconductor chips, medical equipment and other everyday goods. Qatar, which accounts for roughly one-third of the world’s helium supply, stopped producing helium this month following Iranian strikes on […]
Arquivos de Tag: oil
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Foreign ministers from seven nations in Europe, the Middle East and elsewhere will hold talks in Istanbul Friday focused on the Strait of Hormuz and the interlinked crises in the Middle East, as well as the Ukraine war. Ministers from the so-called E3 group – Britain, France and Germany – will meet counterparts from the […]
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Ukraine launches 1,000 drones at Russia, attacks set St. Petersburg oil facilities ablaze
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Smoke billowed on Sunday at an oil export terminal and depot in St. Petersburg, which was set ablaze after Ukraine launched more than 1,000 drones at Russia. It was one of Kyiv’s largest aerial attacks of the war. At least one person was killed, and five others were wounded in the attack in St. Petersburg, […]
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Trump says “massive” oil, gas and mineral exploration in Greenland is “getting ready to begin”
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President Trump said Wednesday that “massive” oil, gas and mineral exploration is preparing to begin in Greenland. In a statement posted on his Truth Social platform, Mr. Trump said “Massive Oil, Gas, and Mineral Exploration is getting ready to begin in our new and beautiful Greenland,” but did not give more details. The president added […]
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Ukraine says it won't stop attacking Russian oil resources amid diesel fuel deal with U.S.
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President Trump is arguing that Ukraine needs a new president as Volodymyr Zelenskyy refuses to halt strikes on Russian oil refineries despite the country’s commitment to provide diesel fuel to the U.S. Kamal Afzali has the story. Ukraine says it won't stop attacking Russian oil resources amid diesel fuel deal with U.S. #Ukraine #won039t #stop […]
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Battle for control of Red Sea, attacks on energy infrastructure temper news of rising oil flow
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Middle East oil exports, excluding those from Iran, surpassed their pre-war levels last week, despite attacks on ships in the Strait of Hormuz, according to data from the maritime tracking firm Kpler. For the first time since the U.S. and Israel launched their offensive against Iran at the end of February, the weekly average of […]
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The FBI and the Coast Guard are investigating a giant oil tanker on its way to Texas that may have been taken over by a cyberattack. Iranian state media claims hackers had control of the ship’s propellers, raising concern that these giant vessels could be used as weapons. Nicole Sganga reports. Video shows Coast Guard, […]
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Coast Guard personnel and FBI agents boarded a Texas-bound commercial oil tanker last month before it could arrive at a port after determining the ship’s network may have been compromised by a foreign actor as it was crossing the Atlantic, the Coast Guard said Tuesday. On Aug. 21, a specialized team of Coast Guard law-enforcement […]
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How Iran’s regional allies’ attacks in Yemen are compounding the war’s impact on oil prices
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Escalating fighting between Yemen’s Iran-backed Houthi rebels and Saudi Arabia, and attacks by other Iranian proxy forces on Saudi infrastructure, are increasing the threat to tanker traffic in the Middle East and driving up global fuel costs more than six months after the U.S. and Israel launched their war on Iran. Direct clashes between the U.S. […]
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20m ago Fighting intensifies in Yemen after Houthis expand control of key shipping lane The conflict in Yemen intensified on Sunday as government forces launched attacks against Iran-backed Houthi rebels along the Red Sea coast, and the Houthis fired into neighboring Saudi Arabia, which supports Yemen’s government. Yemen’s government vowed to send more forces […]