Oil
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.
US halts Iran strikes 'for time being,' as focus shifts to economic sanctions, Rubio says - report
Several oil companies to avoid using ships on Iran's blacklist over security concerns, sources say
Lego sales rise as World Cup products draw new customers, despite Iran war raising cost of plastics
Iran avoids US sanctions via ship-to-ship transfers of oil, may receive payment for months - report
The ships receiving the oil are often part of Iran’s “shadow fleet,” a fleet of old, rusting tankers that obscure their owners and may switch their flags to those of countries with little oversight.
Iran’s oil gamble could turn Gulf attrition into Tehran’s own nightmare - opinion
As attacks spread across Gulf energy infrastructure, Iran may discover its own oil economy cannot survive prolonged attrition.
Ukraine attacks Russian oil refinery 700 km deep into Russian territory
The strike in Yaroslavl is the latest attack on Russian oil facilities this year. Zelensky stated that Ukrainian forces had struck another oil refinery in Syzran for the eleventh time
NATO not drawing up plans for Hormuz mission, top commander says
Any decision to launch a mission would require the approval of all NATO's 32 members, and several have already signaled opposition.
US sanctions Iranian foreign currency exchange, international front companies
“Iran’s shadow banking system facilitates the illicit transfer of funding for terrorist purposes,” said Scott Bessent, Secretary of the Treasury.
Islamic regime launches Persian Gulf Strait Authority, ships reportedly start paying tolls
Ships transiting the Strait of Hormuz now face tolls and strict Iranian oversight as Tehran launches the Persian Gulf Strait Authority, with JPMorgan forecasting 11‑figure annual revenue from tolls.
Abu Dhabi sees leaving OPEC as a matter of national interest - opinion
The future of Emirati relations appears less tied to traditional binaries of friend and foe and more to the logic of the useful partner, the workable path.
Kharg Island and the new energy war over Iran’s collapsing oil exports - opinion
Iran’s Kharg Island shows the hidden cost of sanctions: empty oil terminals, environmental damage, and mounting pressure.
Trump says Xi agrees Iran must open Hormuz, China calls war unjustified
Following his Beijing summit, Trump says Xi supports reopening the Strait of Hormuz, while China calls the Iran war a conflict that “should never have happened.”
Chinese supertanker breaks through US-Iran war blockade in Hormuz
The Chinese supertanker Yuan Hua Hu crosses the Strait of Hormuz after months of delay, carrying nearly 2 million barrels of Iraqi crude, as US-Iran tensions continue to shape the Gulf.
