U.S. weighs releasing sanctioned Iranian crude

Oil prices rose as much as 3% on Thursday after Iran attacked several energy facilities across the Middle East following a strike on its South Pars gas field. Dwayne Schnell | 500px Plus | Getty Images U.S. oil prices extended their decline Friday after Treasury Secretary Scott Bessent said Washington may soon lift sanctions on Iranian…

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Qatar attack, semiconductor supply chain, LNG, helium

Images of mobile devices at the Taiwan Semiconductor Manufacturing Co. (TSMC) Museum of Innovation in Hsinchu, on Tuesday, Jan. 11, 2022. I-Hwa Cheng | Bloomberg | Getty Images Asian technology stocks fell on Thursday as Iran’s latest attacks on Qatar’s Ras Laffan Industrial City and a surge in oil prices rattled investor sentiment, amplifying concerns…

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Iran attack on Qatar causes ‘extensive damage’ to massive energy hub

QatarEnergy’s liquefied natural gas production facilities, amid the U.S.-Israeli conflict with Iran, in Ras Laffan Industrial City, Qatar, March 2, 2026. Stringer | Reuters Qatar said Wednesday that Iranian missiles caused “extensive damage” at Ras Laffan Industrial City, home to the largest liquefied natural gas (LNG) export facility in the world. Qatar’s Foreign Ministry denounced…

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