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President Donald Trump has threatened to “massively blow up” the South Pars gas field, the world’s largest natural gas reservoir, unless Tehran ceases its strikes on Qatari energy infrastructure. The ultimatum follows extensive damage to Qatar’s Ras Laffan LNG facility on Thursday, which sent global crude oil prices surging by 5%. While Mr Trump claimed…
President Donald Trump has declared he is not ready to negotiate a ceasefire with Tehran, asserting that the current terms for ending the two-week-old conflict are “not good enough.” In an interview with NBC News on Sunday, Mr. Trump claimed that while Iran appears keen to reach an agreement, Washington will continue its military campaign…
Saudi Arabian air defences intercepted and destroyed seven drones on Wednesday, March 11, 2026, as the “Epic Fury” conflict between Iran and the US-Israeli alliance spilled further into the Gulf. The Saudi Ministry of Defence confirmed that two of the unmanned aerial vehicles (UAVs) were specifically targeting the Shaybah oil field, a strategic Aramco asset…
Global oil benchmarks have shattered the $100 barrier, with Brent crude surging to $114.86 per barrel during Monday morning trading. This 23% single-day spike follows a dire warning from Goldman Sachs that prices could reach $150 by the end of March if the “effective blockade” of the Strait of Hormuz persists. The investment bank noted…
