Mar 12 Watch 5:14 Iran's new supreme leader vows continued retaliation across Gulf and oil routes By Leila Molana-Allen, Eliot Barnhart Supreme Leader Mojtaba Khamenei vowed in a written statement that Iran's retaliation throughout the Persian Gulf will continue. The widening conflict has pushed oil back above $100 a barrel, rattling global markets. Special correspondent Leila Molana-Allen reports from Qatar. Continue watching
Mar 12 Iran's supreme leader says closure of Strait of Hormuz should be used as leverage By Jon Gambrell, David Rising, Natalie Melzer, Associated Press Iran's Supreme Leader Ayatollah Mojtaba Khamenei said Thursday that the leverage of closing the Strait of Hormuz should be used and that Iran’s attacks on Gulf Arab neighbors will continue. Continue reading
Mar 11 Watch 5:09 Iran targets ships in Strait of Hormuz, raising global energy fears By Leila Molana-Allen, Eliot Barnhart The Persian Gulf energy crunch deepened on Wednesday as the U.S. and Israel launched new strikes on Iranian targets. Iran retaliated across the region and effectively shut down the vital Strait of Hormuz, prompting countries around the world to take… Continue watching
Mar 11 Watch 6:17 Can tapping into oil reserves help stabilize prices? By Geoff Bennett, Azhar Merchant The decision by the International Energy Agency to tap into oil reserves is historic in its size and scope. The 400 million barrel release dwarfs the number released after Russia invaded Ukraine. But there are many questions about whether this… Continue watching
Mar 10 Watch 4:55 As Iran shows no signs of surrender, U.S. launches 'most intense' day of strikes By Stephanie Sy, Kayan Taraporevala The U.S.-Israeli war with Iran showed no sign of slowing on Tuesday, with both sides trading strikes and vowing to keep up the attacks. U.S. officials said the campaign has destroyed most of Iran’s ability to produce nuclear fuel, and… Continue watching
Mar 10 War with Iran delivers high oil prices and another shock to the global economy By Paul Wiseman, Associated Press Much of the pain is being caused by an effective closure of the Strait of Hormuz, which carries a fifth of the world's oil. Continue reading
Mar 02 Watch 7:17 How the war in Iran is impacting global energy markets By William Brangham, Jackson Hudgins Oil and gas prices spiked on Monday as the Iran conflict escalated and shipping was disrupted in the Strait of Hormuz. About 20% of the world’s oil and liquefied natural gas flows through the strait every day, making it one… Continue watching
Mar 02 What to know about the joint U.S.-Israeli attacks on Iran By Foster Klug, Angela Charlton, Associated Press In a video posted Sunday, President Donald Trump said that the operation in Iran — which he described as "one of the most complex, most overwhelming military offensives the world has ever seen" — will continue until "all of our… Continue reading
Feb 17 Iran says it closed Strait of Hormuz for live fire drills as it held nuclear talks with U.S. By Jamey Keaten, Stephanie Liechtenstein, Associated Press Iran announced the temporary closure of the Strait of Hormuz on Tuesday for live fire drills in a rare show of force as its negotiators held another round of indirect talks with the United States over the Islamic Republic's disputed… Continue reading
Jun 23 Trump calls for more crude drilling amid jitters that Iran may close critical shipping lane By Aamer Madhani, Associated Press President Donald Trump urged stepped-up production as the White House sharpened its warnings to Iran against closing the Strait of Hormuz, a vital oil and gas shipping lane, in retaliation for the U.S. strikes on Iran's nuclear program. Continue reading