Oil price
Forgotten pipeline rescues oil market amid Hormuz blockade
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When the Hormuz Strait was paralyzed, Saudi Arabia activated the desert-crossing oil pipeline, becoming a lifeline for global oil supplies.
US lifts 140 million barrels of Iranian oil sanctions to save global oil prices
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The US is issuing a temporary license to Iran to sell oil stored on oil tankers.
Russia warns EU faces energy price nightmare
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Russia warns the EU of the risk of suffering a "nightmare" of energy prices as the oil and gas market fluctuates sharply due to the Middle East conflict.
Saudi Arabia avoids Hormuz, saves half of global oil exports
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Saudi Arabia unexpectedly recovers more than half of oil exports despite the almost paralyzed Hormuz Strait.
Russian oil tanker heading towards China suddenly turns around in the South China Sea
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A Russian oil tanker intended to go to China has turned around in the South China Sea and rushed to India after New Delhi increased imports from Moscow.
Russian oil pours into Southeast Asia, breaking record amidst Hormuz congestion
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Russian oil is pouring massively into Asia, with Southeast Asia being the largest destination in March, as the Strait of Hormuz is squeezing supply.
World oil prices rise as Iran attacks the Gulf
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The energy market, especially oil prices, fluctuated sharply as the conflict escalated and Middle East oil and gas facilities were attacked.
Iran fires missiles across oil and gas facilities in the Gulf, oil prices fluctuate
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Key oil and gas facilities from Qatar to Saudi Arabia simultaneously become targets of Iran, pushing the Middle East conflict into an unprecedented escalation.
Oil prices explode: Russia benefits greatly, the West falls into a difficult position
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The Iran war disrupts the global energy market, and Russia - the target of Western sanctions - benefits the most thanks to the booming oil prices.
US allows Iranian oil tankers to pass through the Strait of Hormuz
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The US Treasury Secretary announced the permission for Iranian oil tankers to pass through the Strait of Hormuz to ensure oil supplies to the world.
Iraq freezes operations at national strategic oil fields
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The Iraqi Oil Minister has just announced the decision to temporarily suspend production at the largest oil fields in the south of the country.
Hormuz Strait paralyzed, Southeast Asia turns to Russian oil
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The global energy shock caused by the blockade in the Strait of Hormuz is causing many Southeast Asian countries to consider increasing Russian oil imports.
Saudi Arabia pivots from Hormuz, 27 super oil tankers flock to the Red Sea
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Saudi Arabia accelerates the shift of oil exports from the Strait of Hormuz to the Red Sea, at least 27 super oil tankers simultaneously heading towards the west coast of the country.
The moment the US airstrikes Iran's vital oil island
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The US airstrike targeted many Iranian targets on Kharg Island, including Iran's runways and airport infrastructure.
Mr. Trump declares attack on Iran's largest oil center
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Middle East tensions escalate as Trump announces military target attack at Iranian oil export hub.
