Oil

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.
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.

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

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

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

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


Climate change made 'fire-prone' weather conditions more likely in Spain and France, scientists say

Ongoing wildfires in Spain and France have forced hundreds of thousands of people to evacuate and scorched huge swathes of land.

Smoke rises as flames burn during a wildfire at Ares, Grionde, amongst worsening drought conditions following a heatwave and water shortages across much of France, July 25, 2026.

Oman proposes Hormuz management system with voluntary fees, source says

Iran has said the strait cannot go back to its pre-war status where shipping flowed freely, while Gulf states insist there be no mandatory payment of fees to Iran.

A vessel in the Strait of Hormuz, as seen from Musandam,Oman, July 16, 2026.

Oil tanker explodes after hitting naval mine in Strait of Hormuz, IRGC-linked media claims - report

There was no immediate official statement from Iranian authorities regarding the incident.

Vessels transiting through the Gulf of Oman are pictured off the coast of Muscat on July 25, 2026; Illustrative.

Some $18 billion of Iranian oil sold since outbreak of war, over half of annual budget

The sales generated more than 60% of the oil revenue forecast in Iran's annual budget, Iranian Oil Minister Paknejad said.

VESSELS AT the Strait of Hormuz, as seen from Musandam, Oman, June 24, 2026.

Hormuz tanker crossings slip to lowest in more than two months, data shows

One tanker crossed the Strait of Hormuz on July 23, compared with three the day earlier, data from analytics firm Kpler showed, as ships are being rerouted to paths that take significantly longer.

A vessel at the Strait of Hormuz, as seen from Musandam, Oman, July 23, 2026.

Oil settles over $100 as Houthi attacks intensify Middle East supply risks

Oil prices rose above $100 for the first time since May after Yemen's Iran-backed Houthis opened a new front in the Iran war by targeting Saudi vessels in the Bab el-Mandeb Strait.

3D printed oil barrels and rising stock graph are seen in this illustration taken March 23, 2026.

Iran's threat to halt oil exports across the Gulf a 'dangerous escalation,' analyst warns

A Bahraini analyst warned that Tehran’s threat against regional infrastructure erases the line between US targets and Gulf economies, even if Iran may be attempting to project strength.

Iran's top negotiator and speaker of its Parliament, Mohammad Bagher Ghalibaf, meets the head of Pakistan's Army Field Marshal Syed Asim Munir (not pictured) on April 16, 2026 in Tehran, Iran.

Two Dynacom Tankers vessels attacked off Oman amid escalating US-Iran hostilities

The crew members of both vessels were safely located by Oman authorities and transferred to shore, Dynacom said, adding that it was in close contact with all relevant regional authorities.

Ships are docked along a pier at the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in Sharjah Emirate, along the Gulf of Oman on July 14, 2026.

Iran used brief US truce to build $6 billion oil buffer - report

Tehran rushed 70 million barrels toward China during a month-long pause in the US blockade, securing up to $6 billion before renewed strikes.

 Crude oil tankers, bulk carriers and vessels sit anchored around Qaboos Port on June 22, 2026 in Muscat, Oman.

US pushes Mediterranean oil pipelines to bypass Strait of Hormuz despite proxy security risks

Middle East correspondent Battaglia said that, in her view, if it were up to al-Zaidi, Baghdad would already have decided to chart its future with the United States rather than with Iran.

US President Donald Trump shakes hands with Iraqi Prime Minister Ali al-Zaidi as they participate in a bilateral meeting in the Oval Office at the White House in Washington.