Attacks on Oil and Natural Gas Facilities Could Lead to Much Higher Prices
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WATCH: Oil and gas prices surge as Iran escalates strikes on Gulf refineries
Iranian attacks on significant energy infrastructure and refineries in several Gulf countries pushed oil and gas prices higher in volatile trading on Thursday.
EnvironmentOil and gas prices are soaring. Some countries are ready with solar panels and EVs
As an energy crisis grows, some countries are more prepared because of renewable energy and electric vehicles. Pakistan reduced its reliance on imported natural gas because of the growth of solar.
Global‘I don’t give a shit about Iran. I don’t want to pay higher gas’: Motor City motorists feel pinch as gas prices surge
<p>Drivers in Detroit are unhappy with the spike in gas prices, even if reactions are mixed to the US-Israel war on Iran</p><p>On a rainy <a href="https://www.theguardian.com/us-news/detroit">Detroit</a> afternoon at a gas station off Interstate 75, Victor Rodriguez watched the pump tally tick up as he filled up his F-250 diesel pickup truck for $4.19 per gallon. It totaled $110. “Ridiculous,” he said.</p><p>The <a href="https://www.theguardian.com/world/us-israel-war-on-iran">US-Israel war on Iran</a> has <a href="https://www.theguardian.com/business/2026/mar/12/middle-east-war-creating-largest-supply-disruption-in-the-history-of-oil-markets">crippled major portions</a> of the oil supply chain, sending gas prices soaring as the conflict enters its third week. Rodriguez said he supports “getting rid of this thug”, referring to Iran’s <a href="https://www.theguardian.com/world/2026/mar/08/death-of-khamenei-seen-as-irans-berlin-wall-moment">Ayatollah Ali Khamenei</a>, who was killed b...
GlobalIran hits back at multiple Gulf refineries after Israeli strike on its offshore gas field - AP News
<a href="https://news.google.com/rss/articles/CBMioAFBVV95cUxNN2tEazNreWR3Y21QYktTTDA4YnJwOE5aLVpKck42SVRPWGdDaGlDVWtnU0FqZ0U1MmtuNm9aQTRZeTFTVFA1c1VEVDg3XzJ5MkVFNDBQdFNacjlrSDgtRVdnZXM5dHU0cVItZHQxRWZNTnBDcWYtc05ZYmQ2UU15TFdLcGpxckR0dWIzNnhyN2d4czdvRm1wM3VOT1UwbnNj?oc=5" target="_blank">Tehran intensifies attacks on Gulf energy facilities after Israel hits Iranian gas field</a> <font color="#6f6f6f">AP News</font>
White House says it's not planning oil or gas export restrictions
<p>The Trump administration doesn't plan to thwart U.S. oil exports as officials scramble for ways to temper energy price spikes.</p><p><strong>Why it matters:</strong> Rumors of restrictions have swirled in recent days, and would represent a sea change after years of expanding shipments that have made the U.S. a huge player in global markets.</p><hr><p><strong>Driving the news:</strong> "Oil and gas export restrictions are not under consideration," an administration official said Thursday via email. </p><p><strong>What they're saying:</strong> Some analysts have criticized the idea of restricting exports. </p><ul><li>"While legally feasible, export restrictions would likely backfire — offering limited relief to US consumers while imposing economic and geopolitical costs," scholars with Columbia University's energy think tank <a href="https://www.energypolicy.columbia.edu/why-restricting-us-oil-exports-would-backfire/" target="_blank">said in a post</a> on Wednesday. </li></ul><p><s...
GlobalTrump says Israel attacked Iran gas field without US and Qatari involvement, warns against attacks on Qatar - Reuters
<a href="https://news.google.com/rss/articles/CBMiywFBVV95cUxOaHlsV2txcHpXRmxvVlRDMkpiYk5ybktCdzlXOEFwdk9BUmtrSE9leUZEV3M4b2VBQl9KZWFhbjU4RXloeWRkR05UR3E3emZZOGpNYTZUck90bzN4c1N2OVk4dWt3MGZMaU9zOXpmNjF3VXZTMWNhSUVFWW5DV2JYM2Q2ajd2aFdHaGpDaE9ReG84dkJxYnNjZHRZODloR3B4aU1mSUtuSE84QTEzU2J0aHJnRlYwUS1DQUlnaFg3Z1RGaFBiWXJGbEhQaw?oc=5" target="_blank">Trump says Israel attacked Iran gas field without US and Qatari involvement, warns against attacks on Qatar</a> <font color="#6f6f6f">Reuters</font>
Trump’s $10 billion TikTok ‘brokerage fee’ is just the tip of the iceberg
Not only is this pay-to-play arrangement with the federal government unprecedented; it also smacks of possible corruption.
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