Oil
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.
Iraq, Turkey discuss protocol to keep oil exports flowing, Iraqi foreign ministry says
Russia launches massive attack on Kyiv, killing at least 10 in retaliation for Ukrainian strikes
Iran sold 50 million barrels of oil since the lifting of the American blockade
Suspected oil spill seen on satellite images near Iran's Kharg Island export hub, Iran denies
The cause of the oil spill, which appears to cover the waters west of the 8-kilometer island, is still unknown.
US targets Iraq oil official and militias with sanctions for aiding Iran
The U.S. imposed sanctions on Thursday on Iraq's deputy oil minister and militias over support for Iran, the Treasury Department said.
Iran can last for months under US Strait of Hormuz blockade, US officials say - report
“The leadership has gotten more radical, determined, and increasingly confident they can outlast US political will and sustain domestic repression to check any resistance,” one US official said.
U.S.–Iran tensions escalate despite ceasefire
Extra virgin or refined oil – the effects on brain health
The oil you cook with affects brain health – and there is one type that is significantly better than the others.
Maersk US-flagged ship transits Hormuz accompanied by US military
US Central Command said in a social media post on Monday that American forces are actively assisting efforts to restore commercial shipping through the Strait, a vital waterway in the region.
IMF chief Georgieva warns of 'much worse outcome' if Middle East war drags into 2027
The IMF issued three scenarios for global GDP amid uncertainty over the war in the Middle East: the main "reference forecast," a middle "adverse scenario," and a much worse "severe scenario."
'Renewed surge in Somali piracy': Oil tanker M/T EUREKA hijacked off Yemen coast
Yemen's coast guard stated that the tanker’s location had been identified and efforts were underway to track it, take necessary measures to recover it, and ensure the safety of its crew.
US blockade costs Iran $4.8 billion, US Navy acting 'sort of like pirates,' Trump says - report
According to Pentagon officials, over 40 vessels carrying oil and other contraband have been redirected by the US military since the blockade began on April 13th.
Syria relies on Russia's oil despite pivot to the West
Oil shipments from Russia have jumped 75% to about 60,000 barrels per day this year, making Moscow the country's dominant crude supplier following the fall of Assad in December 2024.
