World feels the pinch as Iran attacks Gulf energy base after Israeli gas field attack
Iran stepped up attacks on oil and gas facilities in the Gulf on Thursday, raising the risk of a war that would shock the global economy.The attacks, in retaliation for an Israeli attack on a key Iranian natural gas field, sent fuel prices soaring and…
UAE fuel prices: Global oil prices hit $105 per barrel: Can UAE petrol prices jump to Dh3.80-4 per liter in April? |World News
Oil prices soar 40% during Middle East crisis: How this could affect petrol prices in the UAE / Picture: File While the Gulf region is home to some of the world’s largest oil reserves, the prices we pay at the pump are not immune to global…
War in West Asia aggravates energy crisis, US will release 172 million barrels of oil
The United States says it will release 172 million barrels of oil from its strategic petroleum reserves as Iran’s war with the United States begins to impact global energy supplies. It comes as Iran retaliated by blocking the Strait of Hormuz, a…