Trump warns to ‘blow up’ South Pars gas field in Iran if strikes against Qatar energy continue
[ad_1] An Iranian security personnel monitors an area in phase 19 of the South Pars gas field in Assalooyeh on Iran’s Persian Gulf coast 1,400 km (870 miles) south of Tehran on August 23, 2016. Morteza Nikoubazl | Nurphoto | Getty Images U.S. President Donald Trump on Wednesday warned that if Iran continued targeting Qatar’s […]
Iran targets UAE energy infrastructure as gas field set ablaze, tanker struck near Strait of Hormuz
[ad_1] Fire and plumes of smoke rise from an oil facility in Fujairah, United Arab Emirates, Saturday, March 14, 2026. Altaf Qadri | AP A fresh wave of attacks on the United Arab Emirates’ energy infrastructure has ramped up concerns over prolonged supply disruptions amid the Iran war. It comes after the world’s largest ultra-sour […]
Price caps, taking the stairs, and short-sleeved shirts: How countries are coping with the Iran war energy shock
[ad_1] A fuel nozzle is inserted into a combustion engine at a petrol pump at a filling station during a refueling process. Picture Alliance | Picture Alliance | Getty Images Countries around the world have scrambled to cope with the fallout of the energy shock from the Iran war, imposing measures from fuel export bans, […]
U.S. ‘misadventure’ in Iran has no clear exit strategy, Russia’s UK ambassador says
[ad_1] Ambassador of the Russian Federation to the UK Andrei Kelin during an interview with PA at the official residence of the Russian Ambassador in London. Picture date: Monday February 21, 2022. Aaron Chown – Pa Images | Pa Images | Getty Images The U.S.-Israeli war on Iran is a “misadventure” whose goals and exit […]
Cargo ship struck by a projectile in the Strait of Hormuz, UK says
[ad_1] Naval units from Iran and Russia carry out to simulation of rescue a hijacked vessel during the joint naval drills held at the Port of Bandar Abbas near the Strait of Hormuz in Hormozgan, Iran on February 19, 2026. Anadolu | Anadolu | Getty Images A cargo ship in the Strait of Hormuz has […]
Elon Musk’s xAI wants to build a power plant in Mississippi. Regulators plan a key meeting on Election Day
[ad_1] Elon Musk waves to the crowd during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 22, 2026. Denis Balibouse | Reuters With Elon Musk’s xAI planning to build a massive, natural-gas burning power plant in Southaven, Mississippi, the state’s environmental authority has scheduled a board meeting for Tuesday — Election […]
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, […]
Iran war threatens to scramble the ‘affordability’ midterm
[ad_1] U.S. President Donald Trump points his finger as he arrives to deliver remarks on the U.S. economy and affordability at the Mount Airy Casino Resort in Mount Pocono, Pennsylvania, U.S. December 9, 2025. Jonathan Ernst | Reuters November’s midterm was always supposed to be about affordability. Then, the bombs began falling in Iran. The […]
CNBC’s UK Exchange newsletter: FTSE 100’s defensive slant comes into its own
[ad_1] This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch It was no surprise, when equity markets first reacted to news of the strikes on Iran, that the U.K.’s FTSE 100 fell by less than all of its major continental European peers. What is often seen as the Footsie’s […]
Middle East war sends natural gas prices soaring, raising growth shock risk for Europe and Asia
[ad_1] A prolonged surge in natural gas prices triggered by the ongoing war in the Middle East risks denting European growth and hitting some Asian economies hard, analysts have warned. Global gas prices have soared this week amid fears of a lengthy disruption to energy flows through the Strait of Hormuz — a key shipping […]