DUBAI: Unrelenting Iranian attacks on shipping traffic and energy infrastructure pushed oil above $100 a barrel on Thursday, as American and Israeli strikes pounded the Islamic Republic with no sign of an end to the war in sight. Iran hit a container ship off the coast of Dubai, caused a blaze near Bahrain’s international airport, targeted a major Saudi oil field with a drone attack and forced Iraq to halt operations at all the country’s oil terminals after an attack on its port of Basra on the Arabian Gulf.

A projectile has hit a cargo ship in the Strait of Hormuz, setting the vessel ablaze and forcing the crew to abandon the vessel, the British military said.

Iran's joint military command announced it would start targeting banks and financial institutions in the Middle East.

Vast release of emergency crude reserves fails to quell mounting fears around energy supply crunch, rattling global markets

DUBAI: Unrelenting Iranian attacks on shipping traffic and energy infrastructure pushed oil above $100 a barrel on Thursday, as American and Israeli strikes pounded the Islamic…

BEIJING/SINGAPORE: Oil prices jumped on Thursday as Iran stepped up attacks on oil and transport facilities across the Middle East, raising fears of a prolonged conflict and…

Iranian explosive-laden boats appear to have attacked two fuel tankers in Iraqi waters, as oil prices surge past $100 a barrel again. The attack set the tankers ablaze, killing…

Bahrain reports an attack on fuel tanks as Saudi Arabia shoots down drones headed towards an oilfield.

Oil prices climbed back above $100 per barrel Thursday after attacks on commercial shipping in the Persian Gulf raised fears of further disruptions to global energy supplies.

The price of a barrel of Brent crude oil, the international standard, has topped $100 a barrel again, jolting markets just days after it spiked near $120.

Iranian attacks are reported in Bahrain and Oman as two foreign fuel tankers are hit near Iraq.

Energy markets remain on tenterhooks as the prospect of prolonged war in the Middle East grows.