Shipping Traffic Through Hormuz Remains Mostly Halted
Shipping activity in the Strait of Hormuz largely paused on Tuesday, with only three vessels passing through in the last ...
Tag: Oil
US Energy Chief: Gas Prices May Stay Above $3 Until Next Year
Chris Wright believes that gas prices have reached their peak in the United States, although he expects they may stay ...
Scientists Discover Method to Reduce Fat in French Fries
French fries are among the most beloved foods worldwide, cherished for their crispy exterior and tender inside. Yet, they often ...
50-Day Iran War Drains $50B Oil Reserve
Over the past 50 days, the Iran conflict has caused a global loss exceeding $50 billion in unproduced crude oil, ...
IEA: MidEast Energy Output to Recover in Two Years
A recent Iranian drone strike at the Ras Tanura oil refinery operated by Saudi Aramco caused significant smoke to billow ...
Trump warns oil and gas prices could stay high through November elections
Trump declares a naval blockade of the Strait of Hormuz. A Democratic senator criticizes the U.S. president's current approach. Since ...
Possible Outcomes of Trump’s Threat to Iran’s Kharg Island
A small, barren island in the Gulf, roughly a third the size of Manhattan, Kharg Island is the hub of ...
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 ...
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. ...