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Mar 30

Watch 5:00
Iran hits Israeli oil refinery as Trump escalates threats in widening regional war

By Nick Schifrin, Winston Wilde

The war with Iran has entered its second month, and President Trump says the onus is on Tehran to quickly agree to end it or face the widespread destruction of its energy resources, including power plants and oil hubs. But…

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Mar 30

Trump says he has 'no problem' with sanctioned Russian oil tanker bringing relief to Cuba despite blockade

By Darlene Superville, Associated Press

"We have a tanker out there. We don't mind having somebody get a boatload because they need… they have to survive," Trump told reporters as he flew back to Washington.

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Mar 23

Global economy faces 'major, major threat' from Iran war, IEA head says

By Charlotte Graham-McLay, Associated Press

The head of the International Energy Agency says the global economy faces a “major, major threat” because of the Iran war.

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Mar 20

Watch 5:57
As attacks on oil sites continue, Trump dismisses ceasefire, says Iran is 'finished'

By Liz Landers, Sonia Kopelev

President Trump said he's not interested in a ceasefire with Iran because, from a military standpoint, Iran is "finished." Late Friday, he also said he's considering "winding down" military operations. Israel and the U.S. continued their attacks, but Iran also…

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Mar 20

Iran threatens to target tourism sites worldwide and says it's still building missiles nearly 3 weeks into war

By Jon Gambrell, Sam Mednick, David Rising, Associated Press

Three weeks into an escalating war in the Middle East, Iran threatened Friday to expand its retaliatory attacks to include recreational and tourist sites worldwide, as the U.S. announced it was sending more warships and Marines to the region.

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Mar 19

Watch 7:16
Israeli and Iranian strikes on oil and gas facilities rattle global markets

By Geoff Bennett, Dan Sagalyn

To discuss the number of petroleum facilities that have been struck, and how the countries in the Persian Gulf view the war in Iran, Geoff Bennett spoke with Susan Ziadeh. She served as U.S. ambassador to Qatar during the Obama…

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Mar 19

Why experts say the Iran war underscores risks of Trump's all-in focus on oil

By Matthew Daly, Associated Press

As crude oil prices rise above $100 a barrel and gasoline prices surge toward $4 a gallon, Trump's strategy of blocking clean energy such as wind and solar power has left Americans with fewer alternative energy sources and thus more vulnerable to supply shocks…

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Mar 18

Watch 5:01
Lawmakers press U.S. intelligence officials on Iran war as new strikes jolt oil markets

By Nick Schifrin, Zeba Warsi

A series of strikes across the Middle East jolted energy markets and fueled concerns that the war won't end anytime soon. Brent crude oil is nearing a 52-week high after Israel hit a large gas field in Iran, and Iranian…

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Mar 18

Iran continues exporting millions of barrels of oil as around 90 ships cross the Strait of Hormuz despite the war

By Chan Ho-him, Sheikh Saaliq, Associated Press

Many of the vessels that have passed through the Strait are so-called "dark" transits evading Western sanctions that likely have ties with Iran.

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Mar 17

Iran war pushes Asian nations into energy triage as they conserve power

By Anton L. Delgado, Aniruddha Ghosal, Associated Press

Governments are deciding where to cut demand or absorb higher costs, while prioritizing dwindling supplies.

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