Iran Unwilling to Talk About Hormuz as Regime Digs In

Iranian officials have become reluctant to even discuss reopening the Strait of Hormuz as they focus on surviving the US-Israeli onslaught, according to a person involved in direct, high-level contacts with Tehran. Energy infrastructure attacks and strikes on...

Iran Strike to Cost QatarEnergy $20 Billion a Year in Sales

Iran’s latest attack on Qatar, which severely damaged the world’s largest liquefied natural gas export facility, will cost the country’s state energy company about $20 billion of lost revenue. The missile strikes on Ras Laffan Industrial City damaged QatarEnergy’s...

Industrial Metals Tumble as Iran War Fuels Fears Over Economy

Industrial metals tumbled, with aluminum sliding the most since 2022, as the worsening war in the Middle East pushed energy prices higher and increased the risk of damage to the global economy. Copper slumped 2% in London, giving up its gains for this year, while...

Qatar Assesses Damage as Energy Strikes Escalate

Get caught up. Iran’s attack on Qatar’s Ras Laffan gas field will have repercussions for energy supplies, Qatar Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani said during a presser in Doha. The damaged facilities produce about 17% of Qatar’s liquefied natural...