300-400 million barrels of oil could be released from the strategic reserves of International Energy Agency (IEA) member countries, including the G7 group.
The Israeli military announced it had eliminated several Iranian F-14 fighter jets, a model Tehran acquired from the US, during an attack on an airport in Isfahan province.
Brent crude oil momentarily surged nearly 20% on the morning of 9/3, as escalating conflict in the Middle East fueled investor concerns about tightening supply.
On 7/3, Kuwait announced it had reduced crude oil production and refining due to cargo ships being unable to pass through the Persian Gulf amidst regional tensions.
After a week of disruption due to regional conflict, Emirates resumes operations, deploying special flights to clear thousands of stranded passengers, including many Vietnamese travelers.
A US and Israeli operation sent shockwaves globally by eliminating Iran's leadership on the first day. Seven days of tit-for-tat exchanges have passed, leaving over 1,300 dead.
Satellite images reveal a nearly half-billion USD radar of the terminal high altitude area defense (THAAD) system in Jordan hit by an Iranian strike, possibly destroyed.
