Fuel

South Korea accused by Ukraine of aiding Russia with 176,000 tons of fuel amidst critical shortage

"These shipments began precisely when Ukrainian strikes on Russian oil refineries were reducing processing volumes and creating a fuel shortage within Russia."

The container ship "Panstar Acro" is anchored to load containers at Busan New Port in Busan on August 22, 2026, as the vessel is scheduled to sail to Europe via the Arctic to test the commercial viability of the shipping route opened by melting ice.
The Venezuela International Oil & Gas Summit 2026, the first major international energy summit since Nicolas Maduro's removal from power in January, in Caracas, Venezuela, September 29, 2026.

Qatar's UCC in talks for possible entrance into oil, gas areas in Venezuela, executive says

Finance Minister Bezalel Smotrich attends a ceremony marking the establishment of the new Israeli settlement of Ma’ale Arugot in Gush Etzion, in the West Bank, September 2, 2026.

Smotrich to again increase state fuel subsidies to counter rise in gas prices

Ryanair CEO Michael O'Leary speaks at a press conference on his feud with Elon Musk over installing Musk's Starlink internet service on Ryanair aircraft, in Dublin, Ireland, January 21, 2026.

Ryanair CEO O’Leary says no fuel surcharge despite rising jet fuel price uncertainty


Airline shares battered, airfares surge as Iran war pushes oil above $100

Some jet fuel prices have doubled since the start of the conflict, with a growing risk of widespread aircraft groundings due to a potential drop in travel.

An Emirates Airbus A380 passenger aircraft prepares for landing at Dubai International Airport in Dubai on March 8, 2026.

US surprised by scope of Israel's attacks on Tehran fuel depots, warns strikes could backfire

The US expressed surprise at the scale of Israeli strikes on Iranian oil depots, warning that targeting critical infrastructure could backfire.

People walk as smoke rises in the background after a reported strike on Shahran fuel tanks, in Tehran, Iran, March 8, 2026

Israel’s strikes expose the vulnerability of Iran’s energy lifeline

The images emerging from Tehran this week depict what witnesses are calling a “hellscape” - an inferno stretching across the horizon as Israel reportedly targets fuel sites in Iran.

Smoke rises following an explosion, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 7, 2026; Illustrative.

Just one in four Americans supports US strikes on Iran, Reuters/Ipsos poll finds

A Reuters/Ipsos poll finds just 27% of Americans approve of the US strikes on Iran, with concerns over US casualties and rising oil prices.

An F/A-18F Super Hornet prepares to launch from the US Navy Nimitz-class aircraft carrier USS Abraham Lincoln in support of the Operation Epic Fury attack on Iran, February 28, 2026.

Iran's IRGC seizes two vessels in Persian Gulf, official threatens US with 'massacre and hell'

The IRGC Navy’s Public Relations Department alleged that more than one million liters of smuggled fuel were found on the ships.

Islamic Revolutionary Guard Corps (IRGC) Navy's speedboats move during an exercise in Abu Musa Island, in this picture obtained on August 2, 2023

How Iran’s economic collapse is tightening the regime’s options - analysis

Iran’s central bank began distributing a 5,000,000-rial “Iran-cheque” on Sunday, describing it as a step to “facilitate the circulation of cash” and speed up everyday transactions.

IRANIAN BANKNOTES are displayed next to a US dollar bill in Neyshabur, Iran on December 30, 2025. The Iranian rial has continued to weaken against the US dollar amid high inflation, currency volatility and ongoing economic pressures linked to sanctions and domestic challenges.

Boeing, Technion move Israeli sustainable jet fuel project into implementation phase

Boeing and the Technion are moving their joint sustainable aviation fuel initiative from feasibility work into hands-on development of cost-competitive electrofuels.

Technion President Prof. Uri Sivan, President of Boeing Israel, Maj.-Gen. (res.) Ido Nehushtan, and Boeing Global President Dr. Brendan Nelson.

'Seven years to clear this rubble': UN says Gaza filled with over 60 million tons of debris

There are over 60 million tons of rubble in Gaza, the UN official claimed, enough to nearly fill 3,000 container ships, and enough for everyone in Gaza to be surrounded by 30 tons of it on average.

Destroyed buildings as seen from an Israeli military outpost within the borders of the ‘yellow line’ in the eastern part of Gaza City in the Gaza Strip. The photo was taken as part of an IDF ‘embed’ and reviewed by the IDF before publication.

Fuel prices in Israel to drop below 7 shekels per liter for first time since 2023

Fuel prices will drop below 7 shekels per liter for the first time since 2023, with the new rate of 6.85 shekels taking effect on January 1, the energy ministry announced.

View of the southern Israeli town of Beer Sheva. March 31, 2025.

Iran seizes foreign oil tanker near Gulf, saying it was carrying millions of smuggled fuel liters

Iran said last week it had seized another foreign tanker carrying 6 million litres of what it described as smuggled diesel in the Gulf of Oman.

Etswani flagged vessel.