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How an Israeli Strike on Iran’s Oil Sector Would Impact China

China Economic Conditions and Trends Embargoes and Sanctions International Trade and World Market Iran Oil (Petroleum) and Gasoline

How an Israeli Strike on Iran’s Oil Sector Would Impact China

China has strategic reserves and alternatives like electric cars, should oil imports ever be interrupted.

By Keith Bradsher

Britain Backs Plan to Store Carbon Dioxide Under the Sea

BP Plc Carbon Capture and Sequestration Carbon Dioxide England Eni SpA Liverpool (England) Oil (Petroleum) and Gasoline Starmer, Keir Teesside (England)

Britain Backs Plan to Store Carbon Dioxide Under the Sea

Two proposals in Northern England, led by the energy giants BP and Eni, aim to establish an industry in burying emissions from industrial plants.

By Stanley Reed

Jobs and Oil Prices Are Keeping Markets on Edge

Biden, Joseph R Jr Federal Reserve System internal-storyline-no Iran Israel Labor and Jobs Oil (Petroleum) and Gasoline Powell, Jerome H United States Economy

Jobs and Oil Prices Are Keeping Markets on Edge

Friday’s jobs report could bolster the view that the American economy is holding steady, but an oil price shock could undercut that sense of calm.

By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler

Oil Price Jumps After Biden Says ‘Discussing’ Potential Israeli Strike on Iranian Facilities

Biden, Joseph R Jr Embargoes and Sanctions Hezbollah International Relations Iran Iran-Israel Proxy Conflict Israel Israel-Gaza War (2023- ) Missiles and Missile Defense Systems Netanyahu, Benjamin Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) United States International Relations War and Armed Conflicts

Oil Price Jumps After Biden Says ‘Discussing’ Potential Israeli Strike on Iranian Facilities

The president was asked about a potential strike on the oil infrastructure of Iran, which accounts for about 2 percent of the world’s supply.

By Jason Karaian and Stanley Reed