Oil
Oil tanker catches fire after hitting naval mine in Strait of Hormuz, Iranian state media says
Iran has claimed a string of mine strikes on tankers in recent weeks, none independently verified, as it seeks to pressure the US over its blockade.
Yemen's Houthis say they fired missiles at Saudi forces in Jazan, hours after Saudi all-clear
Oman monitors handling of oil tanker run aground off its coast, progress of cargo operations
Iran tells COP31 it wants compensation for environmental damage from US-Israeli strikes
Oil prices rise 1.1% amid concerns of shipping disruptions in the Strait of Hormuz
Tensions in the Persian Gulf offset expectations for a diplomatic agreement between the US and Iran, while attacks on vessels and rising US inventories impact trading.
Iran war, Hormuz disruptions drive first drop in global fossil fuel emissions since 2020 - report
Global fossil fuel emissions are projected to fall 0.4% in 2026, the first drop since 2020, partly as the Iran war cut oil and gas use. Researchers warn the decline is unlikely to last.
Tankers continue to burn in the Middle East despite hopes for de-escalation
The International Maritime Organization has confirmed 130 incidents, most of them attacks, in the region since the conflict began in late February, with at least 25 seafarers killed.
US energy giant Murphy enters Israeli gas exploration market in partnership with Ratio Energies
The two companies were formally awarded exploration licenses for Zone G as part of Israel's Fourth Offshore Bid Round, marking Murphy's first operational entry into Israel and the Mediterranean.
Widespread blackout caused by drone attack on Khor Mor gas field, exposing Iraqi vulnerabilities
The attack struck a gas storage and truck-loading facility containing approximately 1,500 tons of cooking gas, according to Rudaw.
Leaders urge rapid climate action at COP31 as record heat, global crises threaten progress
A report by the United Nations Environment Program published in October said the world was already set to overshoot 1.5C of warming above pre-industrial times, the threshold set in 2015.
Iraq says it lost $60b from Iran war, reaches understandings with US on Hormuz oil route
Iraqi oil will move through the Strait of Hormuz via a shipping lane near Oman, Foreign Minister Fuad Hussein said, under understandings reached with Washington.
Iran says oil tanker hit naval mine, caught fire east of Strait of Hormuz
Iran's navy claimed that the tanker caught fire after striking the mine on Sunday.
Israeli company Beyond Oil appoints former McCain Foods executive Joe Colligan as US CEO
In his new role, Colligan will lead Beyond Oil USA's expansion efforts, focusing on large foodservice organizations, quick-service restaurant chains, retail chains, and other major operators.
Saudi Arabia issues alerts of potential danger in Yanbu as Houthis continue attacks on region
The Saudi-led coalition fighting the Houthis in Yemen said it destroyed a missile launched by the group towards Islam's holy city of Medina.
