World News
Escalating Gulf Tensions: Lavan Island Refinery Attacked Following Ceasefire.
April 8, 2026 at 12:04 PM
An oil refinery on Iran's Lavan Island was struck by an attack on Wednesday, just hours after a ceasefire was announced, triggering retaliatory strikes by Iran against the UAE and Kuwait.
Economy
Small-Scale Chinese Refineries Shield Economy from Iranian Oil Supply Disruption.
April 3, 2026 at 6:21 AM
As the conflict in the Strait of Hormuz drives global oil prices above $106 per barrel, China’s reliance on small independent 'teapot' refineries and sustained Iranian trade is helping the nation withstand the energy crisis.












