Energy

Iran ramps up threats to Mideast energy sites as fears of major US strike grow - Iran International

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DW NOTE

Iran threatens energy infrastructure while oil trades at $84.67 — down 5% this week despite a 23% monthly surge. The threat is real, the timing is theatrical. Tehran knows that in a market this volatile, you don't need to hit a facility to move the price; you just need to remind traders that you could.

Read the full story at Iran International →

For the first four months of the war between the United States and Israel and Iran, oil traders remained largely bearish. The overwhelming expectation was that the war would end soon—even as July rolled around—and oil flows out of Hormuz would recover. Instead, the world is slipping into a fuel shor

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