The Israeli military says it's responding to strikes from Iran-backed Hezbollah, and warns residents in Beirut's southern suburbs to evacuate.
Explosions are reported on two more foreign tankers in the Persian Gulf killing at least one person, port authorities say.
The IEA’s emergency action is in response to Iran’s effective closing of the Strait of Hormuz in the Persian Gulf. The narrow waterway normally provides a route to market for 15 million barrels a day ...
Oil sector asked to assess crude quantities available for release into market as war in Iran escalates, Energy Minister says ...
However, energy analysts have told the BBC that given there is a shortage of refining capacity, the release is not a magic switch to increase the flow of refined products like petrol and jet fuel. And ...