Oil

Panama-flagged oil tanker attacked in Strait of Hormuz, two crew members still missing

An Omani naval vessel evacuated 23 crew members, while two remain missing.

The oil tanker El Gaia at sea near Calshot, Southampton, Britain.
British Prime Minister Andy Burnham speaks during a meeting with Jewish community leaders in Downing Street, in London, Britain, September 3, 2026

Saudi Arabia asks Britain for aid against Houthis, Burnham still considering - report

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

CENTCOM denies reported oil tanker explosion following mine collision in Hormuz

A protester in Aleppo burns tyres to protest the increase in fuel prices in Syria on the highway between Aleppo and Turkey, Syria, September 13, 2026.

Fuel protests reveal the economic risks threatening Syria’s fragile transition - analysis


Venezuela's heavy crude could be swapped for American oil to fill emergency reserve, Wright says

"We'll swap you a barrel of heavy crude for a barrel of light or medium United States crude," Wright said during an interview on CNBC, calling oil markets fluid.

Oil platforms and pumpjacks at Lake Maracaibo, as residents around the oil‑rich center of Maracaibo in Zulia state remain uncertain about new investments following recent legislative reforms allowing greater private participation in PDVSA and aimed at revitalizing the country's struggling oil sector

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.

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

"The near-simultaneous incidents represent a further escalation in the threat environment within the Omani corridor," shipping intelligence and tracking firm Marisks reported.

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

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

Rodriguez hailed the accord in a late-night address as a "historic" deal that would help revive the economy and boost government revenue, saying it would help shape the country's future.

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.

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

Nearly 1500 vessels carrying roughly 750 million barrels of crude oil have transited the strait in the past months, Cooper said, adding that this was done with the protection of US forces.

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

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.