OPEC+ Set For Fourth Oil Quota Hike Since Hormuz Closure
By Ahmad Ghaddar and Olesya Astakhova LONDON, June 7 (Reuters) – OPEC+ is set to agree on Sunday a fourth increase in oil output targets in as many
By Ahmad Ghaddar and Olesya Astakhova LONDON, June 7 (Reuters) – OPEC+ is set to agree on Sunday a fourth increase in oil output targets in as many
U.S. forces boarded a sanctioned tanker in the Indian Ocean overnight, the latest in a series of interdictions targeting vessels linked to Iran’s shadow
U.S. forces disabled a sanctioned oil tanker attempting to reach an Iranian port on Tuesday, marking the sixth commercial vessel interdicted since Washington
Iran said it would halt talks with the US in protest for Israel’s expanded ground assault in Lebanon, escalating tensions as Washington and Tehran seek to
By Julian Lee May 24, 2026 (Bloomberg) –A supertanker hauling Iraqi crude to China has left the Persian Gulf and crossed the US blockade line into
By Paul Burkhardt May 23, 2026 (Bloomberg) –US forces have redirected 100 commercial vessels during its six-week-long blockade of Iran’s ports,
The tanker crew gathered their courage and carefully navigated along a route designated by Iran, hugging the coastline and maneuvering their hulking vessel
(Bloomberg) — US President Donald Trump said he held off on a new bombardment of Iran planned for Tuesday at the request of Saudi Arabia and other
The U.S. dollar-dominated global oil trading system is being tested by the Iran war and the closure of the Strait of Hormuz, as governments in major consuming
By Weilun Soon May 16 (Bloomberg) –A Vietnam-bound supertanker carrying 2 million barrels of Iraqi crude, which was halted by US forces days ago
By Muayad Hameed BAGHDAD, May 16 (Reuters) – Iraq exported 10 million barrels of oil via the Strait of Hormuz in April, down from about 93 million
By Julian Lee and Prejula Prem May 16, 2026 (Bloomberg) –A Suezmax tanker identified as carrying Iraqi crude is approaching India after apparently
Landlocked and surrounded by richer, more powerful neighbors, Malawi has long been a victim of geography and economics. It now finds itself at the sharp end of
The Strait of Hormuz remains largely shuttered, with Iran-linked vessels dominating what little traffic is moving across the waterway. An Iraqi supertanker’s
As long as the Strait of Hormuz remains unsettled, the US Navy faces millions of dollars in extra costs each time it sends a destroyer through the waterway,
Oil supplies are set to tighten further in coming weeks even if the U.S. and Iran agree on a peace deal to end their war because it will take weeks
Nightly explosions of drones and missiles terrified Indian sailor Tithi Chiranjeevi after his ship was stranded in Iran for more than a month by the Strait
At the UAE port of Fujairah, conveyor belts offloaded grain from bulk carriers on Wednesday, while crude oil flowed through pipes and onto tankers berthed
U.S. forces disabled an Iranian-flagged oil tanker in the Gulf of Oman on Wednesday after CENTCOM said the vessel attempted to violate Washington’s blockade
Hundreds of vessels were seen clustering near Dubai on Tuesday, as more ships moved away from a still-empty Strait of Hormuz in response to Iran’s efforts to
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