Israel could hit Kharg Island in the Persian Gulf, which houses much of Iran’s oil export infrastructure, though the U.S. would likely try to stop that from happening.

James Kostohryz discusses the Israel-Iran conflict. Conflict could threaten the Strait of Hormuz, potentially causing a dramatic oil price spike, global recession, and severe US stock market downturn.

Israel launched a series of airstrikes on Iran's critical energy infrastructure, targeting major fuel depots and oil refineries in Tehran. The attacks have significantly escalated the conflict ...

Oil analysts left scratching their heads over Israel-Iran conflict: ‘Your guess is as good as mine' By Sam Meredith, CNBC • Published June 18, 2025 • Updated on June 18, 2025 at 12:04 pm ...

Iran, a member of the Organization of the Petroleum Exporting Countries (OPEC), currently produces around 3.3 million barrels per day (bpd), and exports over 2 million bpd of oil and fuel.

Israel has struck some of Iran’s most vital oil and gas facilities, the first such attacks despite decades of rivalry between the Middle Eastern nations, raising fears of a widening conflict and ...

As Iran and Israel traded volleys of missiles in April last year and again in October, Middle Eastern oil continued to flow to the global market unaffected. Now, the latest assault by Israel is ...

Britain imposed sanctions on one individual and four entities on Wednesday under its Iran sanctions regime, saying they are part of a network that supports Tehran's overseas activities, including in ...

Israel has not attacked Iran's crude oil export facility at Kharg Island, which is the departure point for nearly all of Iran's 1.5M bbl/day of oil exports, mostly to China and India.

JPMorgan fears crude oil could hit a high of $130 a barrel, causing U.S. inflation to return to 5% in a worst-case scenario. President Trump urged Iran to strike a deal before further attacks by ...

Oil rebounded from steep back-to-back losses on Wednesday following an Israel-Iran ceasefire, with prices sitting below their pre-war levels.

Oil prices have tumbled to levels last seen before Israel started bombing Iran on June 13, as investors now believe the risk is low that a major supply disruption will occur in the Middle East.