Oil

Trump leaves door open to Iran strike before midterms, less than a day after ruling it out

Asked about possible US strikes on Iran before the midterms, Trump said, "We may. I mean, we'll see." Trump also discussed the Russian diesel deal and the Fort Hood shooter.

US President Donald Trump dances on stage during a rally at Pinnacle Bank Expo Center in Grand Island, Nebraska, US, October 5, 2026.
A bird flies near a price board at a Rosneft petrol pump amid fuel shortages following recent series of Ukrainian air attacks on oil refineries in Russian regions and further gasoline production cuts, in the course of the Russia-Ukraine conflict, in Moscow, Russia, August 14, 2026.

Trump says Russia to 'immediately supply' 300,000 tons of diesel fuel to US, global markets

The Russian flag flies on the dome of the Kremlin Senate building behind Spasskaya Tower, in central Moscow, Russia, May 4, 2023.

UK announces new round of Russia sanctions targeting financial services, 'shadow fleet'

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.

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


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 2025.

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.

NATO members discuss Strait of Hormuz options without alliance involvement

NATO countries have sought to ease the Iran conflict indirectly, focusing on plans outside the alliance to reopen the waterway.

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

Iran linked oil tanker falls victim to Somali piracy surge

The Eritrea-flagged Sibu 1 was at least the 13th vessel attacked this year off the coast of Somalia or in the Gulf of Aden, which links Somalia and Yemen.

Oil tankers pass through the Strait of Hormuz, December 21, 2018.

Iranian oil supplies to China tighten as US blockade cuts Tehran's crude exports

Trade sources say Iranian crude offers to China have declined and prices have risen as Washington's blockade disrupts Tehran's oil shipments.

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

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.

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

Russian authorities have banned exports of gasoline and diesel, eased fuel quality requirements and began importing petroleum products.

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.

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

Following Israel's massive 2014 EAPC oil spill, complex rehabilitation begins at Avrona Nature Reserve, evacuating 30,000 tons of contaminated soil.

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

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

Iraq is seeking to diversify its oil export channels and maintain flexibility in marketing its crude amid the Iran war and the closure of the Strait of Hormuz.

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