‘Sky is the limit’: Analysts warn oil prices could surge further
[ad_1] Women members of Iran’s Red Crescent society stand near smoke plumes from an ongoing fire following an overnight airstrike on the Shahran oil refinery in northwestern Tehran on March 8, 2026. – | Afp | Getty Images Analysts warned on Monday that there was no precedent for the surging price of oil, as the […]
Iran’s new Supreme Leader ‘is wounded’: Ayatollah Khamenei’s son sustained mystery injury, claims state TV
[ad_1] Ayatollah Ali Khamenei’s son has been wounded in the Iran war, it emerged today after he was named as the country’s new Supreme Leader. Mojtaba, 56, the second son of the late Ayatollah Ali Khamenei, was announced as his successor on Sunday after being appointed by the regime’s 88-person assembly – despite previous opposition from his […]
Reform Accused Of Being In ‘An Almighty Mess’ Over Shifting Iran War Stance
[ad_1] Labour have accused Reform UK of being “in an almighty mess” over the party’s shifting position on the war in Iran. Nigel Farage said a week ago that the UK “should do all we can” to support the US and Israeli bombing of the country. Deputy leader Richard Tice said that if Reform were […]
Iran’s strategic oil island thrust into the spotlight as Middle East conflict escalates
[ad_1] A support vessel maneuvers near the crude oil tanker ‘Devon’ as it sails through the Persian Gulf towards Kharq Island oil terminal to transport crude oil to export markets in Bandar Abbas, Iran, on Mar. 23, 2018. Ali Mohammadi | Bloomberg | Getty Images Iran’s Kharg Island, a small but strategically vital strip of […]
Congressional Democrats demand reversal of Russian oil sales into India as energy prices soar
[ad_1] U.S. Sen. Ruben Gallego (D–AZ) speaks during the “People’s State of the Union” event ahead of U.S. President Trump’s State of the Union address in Washington, D.C., U.S., Feb. 24, 2026. Elizabeth Frantz | Reuters Congressional Democrats are demanding that the Trump administration immediately reverse a sanctions waiver allowing Indian refiners to purchase Russian […]
Brits ‘face highest EVER petrol pump prices’ as Middle East crisis deepens with FTSE slumping… but Trump says spiralling energy bills are ‘small price to pay’ for taming Iran
[ad_1] Brits could face the highest ever pump prices as the Middle East crisis sends energy bills spiralling. Experts have warned that petrol could hit £2 a litre for the first time, amid a staggering spike in global oil costs. Keir Starmer is desperately trying to calm fears of another 2022-style cost of living squeeze, […]
Donald Trump Says Soaring Oil Prices Are ‘A Very Small Price To Pay For Peace’
[ad_1] Donald Trump has said a huge spike in the price of oil as a result of the war he started in the Middle East is “a very small price to pay … for peace”. The US president’s comments came after the price of a barrel soared over $100 for the first time since Russia’s […]
War in Iran: Canadians leaving Middle East by plane, bus and foot – National | Globalnews.ca
[ad_1] As the war waged by the U.S. and Israel continues in Iran, hundreds of Canadians continue to exit the region by air, bus, and even on foot. New numbers from Global Affairs Canada show that 109,889 Canadians have registered with the government’s voluntary registration system. Of that number, 9,185 have made requests for assistance […]
Iran announces it has chosen a new supreme leader as Tehran chokes in fire and smoke
[ad_1] Iran has announced it has chosen a new supreme leader, as Tehran continues to choke on thick, acrid smoke following US-Israeli airstrikes on fuel dumps last night. The clerical body tasked with choosing a successor to Ayatollah Ali Khamenei – killed just over a week ago in the strikes that triggered the war in […]
Energy prices will fall when U.S. destroys Iran’s ability to attack tankers in Strait of Hormuz: Wright
[ad_1] U.S. Energy Secretary Chris Wright pumps gas at a gas station in Corpus Christi, Texas, U.S., February 27, 2026. Sheila Dang | Reuters Energy Secretary Chris Wright said oil and gas prices will begin to fall when the U.S. begins to knock out Iran’s ability to hinder tanker traffic through the Strait of Hormuz, […]