Unrelenting Iranian attacks on shipping traffic and energy infrastructure pushed oil above USD 100 a barrel Thursday.

Unrelenting Iranian attacks on shipping traffic and energy infrastructure pushed oil above $100 a barrel Thursday, as American and Israeli strikes pounded the Islamic republic with no sign of an end t

Iran has significantly intensified its approach to targeting civilian infrastructure and transportation networks throughout the Gulf, launching attacks on

Amin Nasser, the president and CEO of Saudi Arabia's oil giant Aramco, warned on Tuesday that if oil tankers continue to be unable to transit the strait “that will have a serious impact on the global economy.”