THIS is the moment Iran blows up Bahrain’s biggest petrol refinery, sending global markets haywire. Terrifying footage shows the primary refinery for the Bahrain Petroleum Company in

The escalating conflict in Iran along with another California refinery set to close, are raising concerns that the state's high gas prices could climb even higher.

Iran’s attack on two oil tankers and a refinery Thursday thrust the conflict into a deepening phase with stark implications for President Donald Trump’s standing at home as the risk of rising energy prices intensifies.

The Ras Tanura complex houses one of the Middle East's largest refineries with a capacity of 550,000 barrels per day and serves as a critical export terminal for Saudi crude oil. Saudi Arabia's state

A drone strike hit oil infrastructure in Bahrain's Ma'ameer industrial area, according to multiple early reports Thursday morning, raising concerns about the vulnerability of Gulf refining assets as regional tensions escalate.

When crude prices surge on geopolitical shock, refiners do not all respond equally. The death of Iranian Supreme Leader Ayatollah Ali Khamenei on February 28, 2026, per NPR reporting, sent immediate shockwaves through energy markets.

A fire at Petroecuador's Esmeraldas oil refinery, the country's largest, temporarily halted operations after a fire broke out in the charge pumps of one of its units, the state oil company said on Sunday,