Energy, Oil & Gas

Trump says military targets on Kharg Island destroyed, threatens to hit oil facilities

US President Donald Trump said on Friday American forces had destroyed military targets on Iran’s Kharg Island, Tehran’s main oil export terminal, while warning he could also target the island’s petroleum infrastructure if Iran or its allies continue threatening shipping through the Strait of Hormuz, sending fresh tremors through oil markets....

Energy, Oil & Gas

US destroys Iranian mine-laying vessels near Hormuz

Tensions in the Gulf escalated sharply after reports that Iran had begun laying naval mines in the strategically vital Strait of Hormuz, prompting warnings from President Donald Trump and US military strikes against suspected mine-laying vessels....

Energy, Oil & Gas

US will escort ships in Strait of Hormuz, says Trump

US President Donald Trump has said the US navy will protect ships in the Middle East and the government will provide insurance "if necessary" in a bid to contain soaring energy prices sparked by the US-Israel war with Iran....