Oil

US military created secret path through Hormuz, 10 million barrels of oil pass daily - report

US President Donald Trump told reporters "The Strait is open. A lot of boats are coming through, adding that "We are getting a lot of oil out."

A drone view shows vessels in the Strait of Hormuz, as seen from Musandam, Oman, June 15, 2026.
A general view shows the Novorossiysk Fuel Oil Terminal (NMT) in the Black Sea port of Novorossiisk, Russia May 30, 2018. Picture taken May 30, 2018.

Moscow's fuel stations limit sales amid shortages linked to Ukrainian drone attacks on refineries

Alongside its toxicity, the oil created a hard, impermeable layer on the ground. The Avrona oil spill disaster.

12 years after the oil spill: What is happening in the Avrona Nature Reserve now?

A worker checks an oil pipeline at Nahr Bin Umar oil field, north of Basra, Iraq March 22, 2022.

Iraq approves three month mechanism to export crude via local, international firms


Can Kurdistan follow Israel's lead to become the Middle East's next Start-Up Nation? - analysis

Kurdistan does not need to copy Israel, but it can learn from its journey from a small and politically uncertain environment to a start-up and tech superpower.

Image Reboot: A female fighter from from the Kurdistan Freedom Party (PAK)  trains at a base near Erbil, Iraq, in Feb.

Putin rejects peace talks and prepares to escalate war after Ukrainian strikes - report

To date, about two million soldiers have been killed, wounded, or missing since the full-scale invasion in early 2022, 1.4 million of them Russian.

In this pool photograph distributed by the Russian state agency Sputnik, Russia's President Vladimir Putin attends a meeting with VTB bank chief in Moscow on July 3, 2026.

Renewed U.S.-Iran tensions trigger fresh surge in oil prices

Renewed U.S.-Iran tensions send oil prices higher and rattle global financial markets.

US revoking license that authorized Iranian oil sales, official says

A source with knowledge of the attacks told The Jerusalem Post that Iran was responsible for launching at least five drones and missiles at three ships in the strait over the past day.

Drone view of oil tanker HELGA berthed at one of Iraq's southern offshore oil terminals near Basra as it prepares to load crude oil, becoming the second vessel to arrive since the closure of the Strait of Hormuz, April 24, 2026.

Energy minister touts oil pipeline to bypass Strait of Hormuz

Israel already has existing infrastructure with a pipeline between Eilat and Ashkelon, but infrastructure would be needed to connect Arab countries if they were willing.

Energy and Infrastructure Minister Eli Cohen.

Iran fires missiles at two commercial ships in Strait of Hormuz, causing major damage

Qatar said on Tuesday the targeting of the Qatari tanker Al Rekayyat near the Strait of Hormuz was an unacceptable attack on the security of international navigation and global energy supplies.

Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 16, 2026.

Trump warns US can wipe out Iran's power grid in 'small part of an afternoon' if deal not reached

The president said, "We freed up the blockade because we're close to maybe making a deal - I don't know, look - we're going to win one way or the other."

US President Donald Trump gestures after ringing the opening bell for the New York Stock Exchange (NYSE) and Nasdaq during an event to mark the launch of "Trump Accounts" in the Oval Office at the White House in Washington, July 6, 2026.

Iran begins talks with Japanese firms on oil sales under temporary US sanctions waiver

A senior Iranian official said any deal would require the US to extend the current waiver given the shipping time between Japan and Iran.

 Iranian flag with stock graph and an oil pump jack miniature model are seen in this illustration taken October 9, 2023.

Iraq, Turkey discuss protocol to keep oil exports flowing, Iraqi foreign ministry says

Iraq and Turkey are expected to sign an executive protocol to ensure the continuation of Iraqi oil exports.

 TURKEY-IRAQ-KURDS-MILITARY-DRILL A photographer takes pictures as soldiers stand next to tanks bearing Turkish and Iraqi flags during a joint military exercise near the Turkish-Iraqi border at Silopi district in Sirnak on September 26, 2017.

Russia launches massive attack on Kyiv, killing at least 10 in retaliation for Ukrainian strikes

Tymur Tkachenko, the head of the capital's ​military administration, said 56 people, including two children, were injured and three dozen locations across the city had been damaged in the attacks.

Firefighters take a break as they work at a site of a Russian missile and drone strikes, amid Russia’s attack on Ukraine, in Kyiv, Ukraine, July 2, 2026.