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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Trump warns to ‘blow up’ South Pars gas field in Iran if strikes against Qatar energy continue

Smoke rises after an Israeli strike in central Beirut’s Bachoura neighbourhood, following an escalation between Hezbollah and Israel, amid the U.S.-Israeli conflict with Iran, in Beirut, Lebanon, March 12, 2026. Claudia Greco | Reuters U.S. President Donald Trump on Wednesday warned that if Iran continued targeting Qatar’s energy facilities, America would “massively blow up the…

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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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