Tehran Threatens Gulf Oil Targets After Israeli Strikes on Iran
A drone shot captures the Portuguese-flagged oil and chemical tanker CB Pacific docked at Moran Shipping Agencies’ Citgo Petroleum Quincy/Braintree ...
Tag: Oil
Trump calls on nations to send ships for Hormuz security
The US threatens to repeatedly bomb the shoreline and destroy Iranian boats. Trump indicates that international partners including China, the ...
Five Ships Attacked in Gulf and Hormuz Strait Amid Rising Maritime Conflicts
A Thailand-flagged cargo ship, Mayuree Naree, was engulfed in black smoke in the Strait of Hormuz on March 11, 2026.— ...
Trump Launches US Refinery Under Historic India Deal
An oil refinery and storage site is shown along Buffalo Bayou, also known as the Houston Ship Channel, south of ...
Trump warns of military action if Iran leaves mines in Strait
The U.S. military has neutralized 16 Iranian vessels responsible for laying mines near the Strait of Hormuz, according to the ...
Qatar Energy Minister Warns War Could Halt Gulf Exports in Weeks
Qatar accounts for roughly 20% of the world’s LNG supply. If the conflict with Iran persists, the country’s Energy Minister ...
UAE Declares No Use of Territory Against Iran
The United Arab Emirates announced that it will not permit its airspace or land to be utilized for any attacks ...
Oil & Gas Shipping Costs Spike Amid Iran’s Strait Closure Threat
Oil and gas shipping rates worldwide have surged sharply, with supertankers in the Middle East reaching record-high costs amid escalating ...
Saudi Refinery, Kurdish & Israeli Fields Halted in Mideast Strikes
On Monday, Saudi Arabia temporarily shut down its largest domestic oil refinery following a drone attack, according to an informed ...
Strategic US-Iran Oil Route at Center of Tensions
The Strait of Hormuz is a critical maritime corridor for oil transportation, often leveraged by Iran as a geopolitical tool. ...
Trump, Netanyahu Agree the U.S. Must Pressure Iran on Oil Sales to China
President Donald Trump and Israeli Prime Minister Benjamin Netanyahu concurred during a White House meeting on Wednesday that the United ...
US Imposes Fresh Iran Oil Sanctions Soon After Talks End
The U.S. announced fresh sanctions on Friday aimed at limiting Iran’s oil exports, targeting 14 ships shortly after indirect talks ...
Trump: India to Buy Venezuelan Oil Instead of Iranian
US President Donald Trump announced that India plans to purchase Venezuelan crude oil, shifting away from Iranian oil imports. "That ...
US lifts oil sanctions on Venezuela following reform measures
Venezuela’s oil sector received a major update as the National Assembly approved significant reforms to the country’s primary oil law. ...
Trump issues oil warning, urges Cuba to negotiate with the US
On Sunday, President Donald Trump urged Cuba to negotiate a deal with the U.S., emphasizing that the island will soon ...
Trump issues emergency order to safeguard U.S.-held Venezuela oil revenue
The White House announced that President Donald Trump has issued an executive order aimed at safeguarding U.S. funds generated from ...
Venezuela and US Engage in Talks to Restore Diplomatic Relations
Venezuela announced it has started negotiations with the United States to restore diplomatic relations, just days after U.S. forces ousted ...