The Aporia
5 articles about 4 events for “Oil Prices Rocket With Iran Strike News” in Politics.
“While the war in Yemen predates the broader Middle East war that began with US-Israeli strikes on Iran, it has become its most active front in recent weeks.”
“News of the strike came a day after the Iran-backed Houthis in Yemen said they had targeted sites in Saudi Arabia belonging to state oil giant Aramco, including infrastructure in Khurais.”
“The drone platforms were reportedly used to launch a strike on the East-West pipeline in Saudi Arabia, a crucial lifeline for crude oil transport across the country with the Strait of Hormuz effectively shut down by Iran.”
“Iran's state media confirmed the strikes and said Tehran had attacked three US-affiliated vessels in response, as well as three oil tankers travelling through the Strait of Hormuz along an "unauthorised" route.”
“Oil price jumps after U.S., Iran trade strikes for first time in weeks Oil prices surged more than 3% after U.S. forces struck Iranian rocket launchers on the Strait of Hormuz, prompting retaliation from Tehran which launched attacks targeting American allies…”