A federal decision, approved by the Trump administration, to expand oil drilling in the Gulf of Mexico has intensified concerns about the extinction of the critically endangered Rice’s whale, with fewer than 50 individuals remaining.
The Iran war and Gulf oil supply crisis are raising fears of global stagflation and driving up fuel prices across Europe. The EU is now warning it is 'preparing for worst scenarios' and assessing 'all possibilities,' including fuel rationing, as the energy crisis deepens.
Austria sources approximately seven percent of its oil imports from countries bordering the Persian Gulf, highlighting its reliance on the region for energy.
Leading nations in Europe, alongside Japan, announced their readiness to act to stabilize energy markets and join efforts to open the Gulf's oil chokepoint. This comes after tit-for-tat strikes on energy plants dramatically escalated the U.S.-Israeli war.
South Korean authorities are considering the US request to deploy naval vessels to the Strait of Hormuz, but face domestic opposition from lawmakers. Meanwhile, China has expressed concern over the tense situation, and Japan has indicated it will not send warships yet, highlighting broader Asian reluctance to commit military assets to the region.
The Mideast war "is creating the largest supply disruption in the history of the global oil market", as Iran's chokehold on regional supplies forces Gulf oil producers to slash production, the…
MANILA, Philippines — The Philippine National Police – Highway Patrol Group (PNP -HPG) ordered its patrol officers to save on fuel amid looming price hikes triggered by escalating tensions in the…
The U.S. and its Western allies are actively turning to strategic oil reserves to counteract a developing Gulf oil crisis and stabilize global supply, as reported by the Wall Street Journal.
The war with Iran is causing extreme instability in global markets, which is why many are concerned about the impact of the military conflict on their finances.
What it means for...
Activists are collecting human and animal hair donations, believing one kilogram of hair can clean up 8 liters of oil, to help mitigate oil damage in the Gulf.
The Trump administration plans to rejoin offshore drilling agencies that were separated following the 2010 Gulf oil spill, reversing a previous organizational change.
President Trump has extended his ultimatum for Iran to reopen the Strait of Hormuz by 10 days, paused attacks on its energy sector, and expressed a desire for a speedy end to the war, though he stated there is no cease-fire. Meanwhile, Israel launched more strikes on Iran, and markets have reacted to these developments, with oil falling, gold rising, and stocks finishing higher.
The World Health Organization (WHO) is preparing for a possible nuclear catastrophe in the Middle East, with officials admitting they are vigilant for potential nuclear weapon use in Iran due to the escalating conflict between the US, Israel, and Iran, warning of devastating, decades-long global consequences.
The government on Tuesday said it will not hold the Pakistan Day parade and other ceremonial events on March 23 in light of the ongoing Gulf oil crisis and the resulting austerity measures announced by the government, state-run Radio Pakistan reported.
Pakistan Day — observed on March 23 every year — commemorates the passing of the Lahore Resolution on March 23, 1940, when the All-India Muslim League demanded a separate nation for the Muslims of the British Indian Empire.
Radio Pakistan, citi...
Japan is the fifth-biggest importer of oil - 95 per cent of it from the Middle East and 70 per cent passing through the Strait of Hormuz, which is now effectively closed.
Iranian Kurdish opposition groups, with 4,000 to 5,000 fighters based in Iraqi Kurdistan, are prepared to challenge Tehran and have high hopes for the US-Israeli operation in Iran, but are holding back as the war unfolds.
The governor of Veracruz, Mexico, suggests that a natural oil seep may be the cause of the oil contamination detected off the coast of Pajapan, which has spread along 230 kilometers of coastline.
The Treasury is holding discussions regarding the significant increase in heating oil costs, as some families in Northern Ireland struggle to afford oil following strikes in the Middle East.
Global oil flows through the Strait of Hormuz 호르무즈해협을 통해 흐르는 전세계 석유 The steady flow of Gulf oil to Europe, the US and Asia through the narrow Strait of Hormuz has created the world’s largest oil…
US President Donald Trump on Sunday stepped up his threat to hit Iran's critical infrastructure hard if the country's government doesn’t reopen the Strait of Hormuz by his Monday deadline. Trump punctuated his threat with profanity in a social media post Sunday, saying that Tuesday will be “Power Plant Day, and Bridge Day, all wrapped up in one, in Iran.” He also offered details of the rescue of a “seriously wounded and really brave” US service member he identified as a “respected colonel” who w
French President Emmanuel Macron has criticized Donald Trump, advising him to speak less and avoid contradicting his own statements, asserting that Trump is undermining NATO.
The Iran War has escalated with Israeli and US attacks on Iranian gas fields, followed by Iran's retaliation against Gulf energy infrastructure and an Israeli refinery. Saudi Arabia has warned Iran that trust with Gulf countries is 'completely destroyed,' citing an 'economic global war' where energy flows are used as weapons, further intensifying the conflict and causing global energy market shockwaves.
IRGC Navy chief Alireza Tangsiri warned civilians near Gulf oil facilities to evacuate, threatening US-linked targets in retaliation for Israeli airstrikes on Iranian sites.
Former President Trump stated that talks with Cuba are ongoing and that action regarding Cuba could be possible after the situation with Iran is addressed.
The war between the US, Israel, and Iran has intensified with heavy strikes on Iranian targets and regional expansion, leading to nearly 800,000 people displaced and a serious humanitarian emergency.
Iran has begun mining the Strait of Hormuz, the critical oil shipping chokepoint, with US naval forces actively destroying the mines. President Trump demanded Iran immediately remove all mines, warning of severe consequences. Reports estimate Iran possesses 5,000-6,000 sea mines, posing a major threat to global shipping.
US says its firepower will ‘surge dramatically’ and IDF warns of ‘surprises ahead’, as Iran launches retaliatory strikes
Middle East crisis – live updates
Israel and the US have bombarded Iran and…
The Trump administration is deploying a $20 billion maritime reinsurance program through the DFC to restore Hormuz shipping. Move targets soaring energy prices as Iran war halts Gulf commerce.
Drones struck the U.S. Embassy in Riyadh and more explosions rocked cities across the Gulf Tuesday as Iran targeted industrial and diplomatic sites around the Middle East and gover...