Iraq’s Oil Output Plunges 70% as Gulf Shipping Crisis Deepens | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Mar 09, 2026, 1:12 AM CDT Crude oil production from Iraq’s southern fields has...Continue Reading
Iranian President Masoud Pezeshkian has praised the appointment of Mojtaba Khamenei as the country’s new supreme leader, calling the decision a reflection of national unity in the face of attacks by the United States and Israel. In a statement on Telegram, Pezeshkian said the choice strengthened the “resilience of the Iranian people” and said the...Continue Reading
Airline stocks tumbled across global markets on Monday as the oil price surge driven by the Iran conflict sent shockwaves through the aviation industry. In Asia, Korean Air fell 8.6%, Air New Zealand dropped 7.8%, and Cathay Pacific lost 5%, while European carriers including Air France-KLM, IAG, and Lufthansa slid between 4% and 6%. Airfares...Continue Reading
Airline stocks tumbled across global markets on Monday as the oil price surge driven by the Iran conflict sent shockwaves through the aviation industry. In Asia, Korean Air fell 8.6%, Air New Zealand dropped 7.8%, and Cathay Pacific lost 5%, while European carriers including Air France-KLM, IAG, and Lufthansa slid between 4% and 6%. Airfares...Continue Reading
Iranian President Masoud Pezeshkian has praised the appointment of Mojtaba Khamenei as the country’s new supreme leader, calling the decision a reflection of national unity in the face of attacks by the United States and Israel. In a statement on Telegram, Pezeshkian said the choice strengthened the “resilience of the Iranian people” and said the...Continue Reading
Oil Prices Surge Past $100 as Iran Names New Supreme Leader | OilPrice.com Josh Owens Josh Owens is the Content Director at Oilprice.com. An International Relations and Politics graduate from the University of Edinburgh, Josh specialized in Middle East and… More Info Related News By Josh Owens – Mar 08, 2026, 6:33 PM CDT Oil...Continue Reading
Why Pakistan Could Be Sucked Into Middle East War | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – Mar 08, 2026, 6:00 PM CDT Pakistan and Saudi Arabia signed a Strategic Mutual Defence Agreement in 2025. Pakistan has warned...Continue Reading
New Gas Crisis Looms over Europe | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Mar 08, 2026, 4:00 PM CDT Europe faces a renewed gas crisis as storage levels fall below 30%,...Continue Reading
Shipping through the Strait of Hormuz remains near a standstill, with vessel-tracking data showing only Iran-linked ships transiting the vital oil chokepoint as conflict disrupts tanker traffic. SourceContinue Reading
U.S. Energy Secretary Chris Wright said the recent surge in oil prices reflects a temporary “fear premium” driven by the Iran conflict and disruptions to shipping through the Strait of Hormuz. SourceContinue Reading
