Oil

Two sailors killed in Iranian attack on ship in Strait of Hormuz, Saudi Foreign Ministry says

Also on Wednesday, Iran's Islamic Revolutionary Guards Corps (IRGC) said that two oil tankers hit sea mines and were disabled while attempting to transit the Strait of Hormuz.

Vessels near the Strait of Hormuz, as seen from Musandam, Oman, August 17, 2026.
Vessels near the Strait of Hormuz, as seen from Musandam, Oman, August 17, 2026.

Supertankers carrying Saudi oil attacked by unknown projectiles while crossing Strait of Hormuz

VENEZUELA’S INTERIM President Delcy Rodriguez attends an event to receive the insignia of commander-in-chief of the Armed Forces, on Wednesday. Rodriguez is a hostage to her own security apparatus; or she may simply be applying a delaying tactic to reorganize her bases while simulating cooperation.

Venezuela's Rodriguez hails 25-year US energy pact to boost oil output, defend sovereignty

US forces operating in the Strait of Hormuz, July 17, 2026.

US clears Strait of Hormuz as 50,000 troops maintain blockade of Iran, CENTCOM chief says


US, Venezuela negotiate deal for American access to Venezuelan oilfields

Venezuela is considering leaving the OPEC oil production group as it strengthens ties with the US, Bloomberg reported late on Thursday.

Workers of Venezuelan state oil company PDVSA at a rig near Cabimas, Venezuela, January 27, 2026.; illustrative.

Iran’s Strait of Hormuz trump card is losing strategic value, expert tells 'Post' - interview

Although 14 to 15 million barrels of oil passed through Hormuz per day before the war, an expert told the Post that it was entirely possible to manage without much of that supply.

Lightning occurs when META 4, an Oil Products Tanker, sails into Muscat Anchorage on March 21, 2026 at Sultan Qaboos Port in Muscat, Oman.President Donald Trump had threatened to attack Iran's energy infrastructure if it did not end its de facto blockade of the Strait of Hormuz by March 23.

Israeli arms, Iranian drones, Turkish oil: Azerbaijan’s high-stakes balancing act

Bordering Russia and Iran while cultivating Israel and Turkey, Baku seeks security through competing partnerships - and offers itself as a mediator when its allies collide.

Azeris visit the Israeli embassy in Baku and lay wreaths in the afermmath of the October 7 massacre, in Baku, Azerbaijan, October 9, 2023

US halts Iran strikes 'for time being,' as focus shifts to economic sanctions, Rubio says - report

Operation Economic Outcast was announced on Monday by US Treasury Secretary Scott Bessent, following earlier threats of an "economic D-Day" against the regime.

US Secretary of State Marco Rubio speaks during a cabinet meeting at Camp David in Thurmont, Maryland, US, July 31, 2026.

Several oil companies to avoid using ships on Iran's blacklist over security concerns, sources say

"We will avoid our chartered vessels dealing in STS or anything to do with non-compliant ships for Middle Eastern cargoes," said one of the sources, who works at an Indian refinery.

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.

Lego sales rise as World Cup products draw new customers, despite Iran war raising cost of plastics

Lego's revenue was 41.9 billion Danish crowns ($6.54 billion), operating profit rose 22% to 10.9 billion Danish crowns, while net profit rose 32% to 8.6 billion Danish crowns.

Fans take pictures with a Lego World Cup trophy as they attend a watch party for the France vs Spain FIFA World Cup Semifinal match at Rockefeller Center on July 14, 2026 in New York City.

Strait of Hormuz traffic plunges as Iran, US blockades restrict energy shipments

A total of 89 vessels exited the strait while 103 entered over the seven-day period, the report, based on Automatic Identification System (AIS) data, showed.

A drone view shows vessels in the Strait of Hormuz, as seen from Musandam, Oman, June 15, 2026.

Iran made billions of dollars, bypassed sanctions amid US blockade, top official Rezaee claims

"In the past month or two, we sold seventy million barrels of oil," he said. "Now every day we sell oil to American ships on that side, as much as we produce."

An Iranian flag flutters in the wind as ships remain anchored in the Strait of Hormuz on May 16. Negotiations between the US and Iran over opening this critical waterway have largely stalled.

Iran grants permission for a number of Iraqi oil tankers to pass through Strait of Hormuz

Iraqi President Nizar Amedi said that Iran had facilitated the passage of vessels carrying Iraqi oil through the Strait in recent days, and Baghdad had discussed the export of Iraqi oil with Tehran.

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.

Oil tankers going dark to evade Iranian attacks raises major oil spill risk in Gulf - report

Three separate oil spills are already spreading through the Persian Gulf and the Gulf of Oman, putting multiple ecosystems at risk.

This photograph obtained from Iran's ISNA news agency on August 13, 2026 shows an oil slick along the southern coast of Qeshm Island, Iran, August 13, 2026.