3 related stories
International Energy Agency chief Fatih Birol said oil security remains a critical issue and that the world should be worried if the situation does not improve. His comments come as tension in the Strait of Hormuz continues.
The United States carried out a sixth consecutive night of strikes on Iran, with Iranian sources saying civilian infrastructure was hit. The prolonged confrontation is deepening concern about a wider regional war.
Oil prices rose Friday as investors weighed escalating hostilities between the United States and Iran, which threaten crude supply routed through the Strait of Hormuz. Traders are pricing in the risk of disruption to regional shipments.