Persian Gulf

US-Israeli war on Iran wipes billions off Gulf energy revenues – FT
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US-Israeli war on Iran wipes billions off Gulf energy revenues – FT

The Middle East escalation has cut off a number of American allies from the vital Strait of Hormuz Published 13…
European countries could face fuel shortages next month, Shell CEO warns
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European countries could face fuel shortages next month, Shell CEO warns

The Iran war is set to hit diesel and gasoline supplies starting next month, Wael Sawan has warned Published 25…
Iran war repair costs hit $58 billion as energy damage surges, Rystad says
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Iran war repair costs hit $58 billion as energy damage surges, Rystad says

US-Israel strikes and Tehran’s retaliation are pushing oil and gas facility damage costs toward $50 billion, Rystad Energy projects Published…
ExxonMobil and Chevron have reported an output drop amid Iran war disruption
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ExxonMobil and Chevron have reported an output drop amid Iran war disruption

Exxon and Chevron have both disclosed production declines which resulted from the Iran conflict Published 9 Apr, 2026 17:58 |…
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