May 4, 2026

energy infrastructure Iran

After Trump’s warning, Iran threatens to close the Strait of Hormuz – The Times of India

After Trump’s warning, Iran threatens to close the Strait of Hormuz – The Times of India

admin04 mins

Iran on Sunday threatened to “completely close” the Strait of Hormuz if US President Donald Trump acts on his warning to strike Iranian energy facilities within 48 hours. The Islamic Revolutionary Guard Corps (IRGC) said energy sites in countries hosting US bases would become “lawful” targets.The US President had warned: “If Iran doesn’t fully open,…

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Oil prices today: Crude climbs to 2 as Middle East energy hubs come under attack amid Iran war – The Times of India

Oil prices today: Crude climbs to $112 as Middle East energy hubs come under attack amid Iran war – The Times of India

admin04 mins

Global oil prices surged and equity markets weakened on Friday after fresh strikes on energy infrastructure in Iran and in retaliation Islamic Republic escalating threats to key facilities across the Gulf raised concerns over supply disruptions.Natural gas prices increased by more than 5%, while Brent crude rose to $111.19 in early trading and extended its…

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