Iran Defies Trump Deadline, Threatens Gulf Mines

  Iran on Monday issued sweeping threats to deploy naval mines across the Gulf and strike power infrastructure throughout the Middle East, defying a United States ultimatum to reopen the Strait of Hormuz as the military confrontation with Washington and Israel entered its fourth week. The Islamic Republic showed no sign of backing down ahead…

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Oil Jumps 10% After Iran Hits Qatar LNG Hub

  Global oil prices surged by 10 percent on Thursday following confirmation from Qatar that Iranian strikes had caused extensive damage to the Ras Laffan liquefied natural gas facility, the world’s largest LNG hub, intensifying concerns over the security of energy supplies in an already volatile Middle East. European gas prices recorded a steeper climb…

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