The Israeli military said on Saturday that it was launching attacks in Lebanon against the militant group Hezbollah and intercepting missile launches from Iran, hours after the Un

Israel's largest oil refinery, in the city of Haifa, was hit with shrapnel from an Iranian attack, according to a person familiar with the matter. No injuries were immediately reported. Videos shared by Israeli media showed large plumes of smoke rising from the refinery.

By Alex Lawler and Arathy Somasekhar March 21 - The war in the Middle East has triggered a nightmare scenario for the global energy ⁠system, ⁠slashing so much supply that consumers around the world must both pay ⁠up big and lower consumption.

In a twist of wartime irony, the United States has moved to ease sanctions on Iranian oil to cool surging energy prices, a potential boon for Tehran.

Israeli Defense Minister Israel Katz said attacks against Iran will “increase significantly” in the coming week. Katz spoke Saturday, hours after U.S. President Donald Trump said he was considering “winding down” military operations in the Mideast even as the United States announced it was sending more warships and Marines to the region and Iran

Israel hit the Iranian capital Tehran with airstrikes Friday, with activists reporting sounds of strikes around the city

Tehran sees an opportunity to control the Middle East’s energy as it bets on outlasting Trump’s will—a risky gamble.

The US Department of Treasury issued a general license allowing the sale of Iranian oil and petrochemical products loaded onto vessels on or before 12:01 am New York time Friday, marking the Trump administration’s latest effort to counter rising oil prices due to the Iran war.