Latest Persian Gulf News

Iran tells US retaliation looms if targeted for Saudi attack

Sep. 18, 2019 8:48 AM EDT

TEHRAN, Iran (AP) — Iran has warned the U.S. it will retaliate "immediately" if Tehran is targeted over a weekend attack on Saudi oil installations, its state-run news agency reported Wednesday, further raising Mideast tensions. Iran's president and foreign minister also may not be able to attend next...

The Latest: State media says Iran sends US official warning

Sep. 18, 2019 5:19 AM EDT

DUBAI, United Arab Emirates (AP) — The Latest on tensions in the Persian Gulf (all times local): 1:15 p.m. Iran's state-run news agency is reporting that Iran sent an official warning through Swiss diplomats to the U.S. that any action taken against Tehran "will face an immediate answer." That's according...

The Latest: Saudi minister: 50% of crude reduction restored

Sep. 17, 2019 8:56 PM EDT

DUBAI, United Arab Emirates (AP) — The Latest on tensions in the Persian Gulf and the fallout after weekend attack on major oil sites in Saudi Arabia (all times local): 10 p.m. Saudi Arabia's energy minister says 50% of the production cut by the attack on its oil processing plant has been restored. Prince...

Trump strains to balance diplomacy, military threat to Iran

Sep. 17, 2019 6:48 PM EDT

WASHINGTON (AP) — The Trump administration tried to balance diplomacy with fresh talk of military action Tuesday in response to the fiery missile and drone attack on the heart of Saudi Arabia's oil industry — a strike marking the most explosive consequence yet of the "maximum pressure" U.S. economic...

AP Analysis: Saudi oil attack part of dangerous new pattern

Sep. 17, 2019 11:58 AM EDT

DUBAI, United Arab Emirates (AP) — The assault on the beating heart of Saudi Arabia's vast oil empire follows a new and dangerous pattern that's emerged across the Persian Gulf this summer of precise attacks that leave few obvious clues as to who launched them. Beginning in May with the still-unclaimed...

Oil prices jump as attack on Saudi plant jolts supply

Sep. 16, 2019 7:35 PM EDT

Global energy prices spiked more than 14% Monday after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record. It was an increase on par with the 1991 Gulf War and analysts said heightened tensions in the Middle East could keep prices elevated for the...

Trump: It looks like Iran hit Saudis, no military option yet

Sep. 16, 2019 6:47 PM EDT

WASHINGTON (AP) — President Donald Trump declared Monday it "looks" like Iran was behind the explosive attack on Saudi Arabian oil facilities. But he stressed that military retaliation was not yet on the table in response to the strike against a key U.S. Mideast ally. Oil prices soared worldwide amid the...

GM and American Airlines fall, Raytheon and Marathon gain

Sep. 16, 2019 4:31 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday. General Motors Co., down $1.65 to $37.21 More than 49,000 members of the United Auto Workers went on strike against the automaker. Marathon Oil Corp., up $1.47 to $14.17 Energy stocks climbed after an attack on Saudi Arabia's...

The Latest: Trump says it's 'looking like' Iran is to blame

Sep. 16, 2019 3:59 PM EDT

WASHINGTON (AP) — The Latest on tensions in the Persian Gulf and the fallout after weekend attack on major oil sites in Saudi Arabia (all times local): 3:35 p.m. President Donald Trump says it's "looking like" Iran was responsible for the attacks on key oil installations in Saudi Arabia, but he says he...

Trump says US locked and loaded in response to drone attack

Sep. 16, 2019 9:47 AM EDT

WASHINGTON (AP) — Tensions are flaring in the Persian Gulf after President Donald Trump said the U.S. is "locked and loaded" to respond to a weekend drone assault on Saudi Arabia's energy infrastructure that his aides blamed on Iran. The attack, which halved the kingdom's oil production and sent crude...