Conflict is forcing producers to slash production and close ports as Iran steps up attacks on energy infrastructure.
Category: Persian Gulf
-
Countries Scramble to Shore Up Global Oil Supplies as Ships Are Attacked
The United States and Israel launched more strikes against Iran, where crowds mourned military commanders killed in the war. Israel also bombed targets in Lebanon, where the death toll climbed.
-
How the Iran War Could Hit Americans’ Wallets
Gas prices are rising, with the cost of food likely to follow. If the conflict drags on, the fallout for consumers could worsen, experts warned.
-
How the Iran War Could Hit Americans’ Wallets
Gas prices are rising, with the cost of food likely to follow. If the conflict drags on, the fallout for consumers could worsen, experts warned.
-
Trump Family’s Business Ties to Saudi Arabia Raise Ethics Worries
President Trump will host Crown Prince Mohammed bin Salman, Saudi Arabia’s de facto ruler, who oversees a major construction project that is in talks with the Trump family business.
-
The First Income Tax in the Persian Gulf Signals a Changing Economic Reality
A plan by Oman is being closely watched by other governments in the region that are preparing for a future beyond oil.
-
Large Oil Producers Around the Persian Gulf Ramp Up Exports
Saudi Arabia and other oil states are rushing to load tankers in case the Israel-Iran fighting spreads to export installations.
-
The Markets Are Balancing on a Knife’s Edge
The world has been anything but peaceful, but you wouldn’t know that from looking at the markets.
-
As Iran Seizes Tankers, U.A.E. Pulls Back From U.S.-Led Maritime Force
The United Arab Emirates announced it had stopped participating in the security group after Iran seized two tankers in the Persian Gulf recently.
-
Oman Draws Visitors, and Residents, with Hospitality, Sunshine and, Yes, Golf
Slung alongside the Gulf of Oman and the Arabian Sea, the welcoming nation beckons those looking for a quieter experience in a booming region.