Oil

Iran wants oil tankers passing through the Strait of Hormuz paid by electronic money

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Iran's new move shows efforts to adapt to financial sanctions pressure and global geopolitical volatility.

Hungary believes Ukraine must soon lift the blockade on Russian oil

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The Hungarian government believes that immediately after the parliamentary elections on April 12, the country will resume receiving oil from Russia.

New Zealand urges US to deploy oil tankers to support the Pacific region

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New Zealand Foreign Minister Winston Peters asked the US to deploy backup fuel tankers to the region to reduce pressure from the Middle East crisis.

The Strait of Hormuz divides the fate of Middle Eastern oil nations

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The blockade of the Strait of Hormuz and the sharp increase in global oil prices are creating a clear divide between Middle Eastern oil nations.

Thailand announces initial results of mysterious missing 57 million tons of fuel

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Huge amount of fuel mysteriously disappeared, Thai authorities suspect involvement in illegal fuel transit and storage activities.

East-West oil pipeline: Saudi Arabia's high-handed move

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The escalating conflict and the risk of the Hormuz Strait being controlled for a long time further highlight the role of Saudi Arabia's East-West oil pipeline.

Risks when the US makes landfall on Iran's Kharg oil island

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The US may make landfall to seize Iran's oil island of Kharg, but will face a dense firepower net, the risk of great losses and getting bogged down.

Iran warns of attack on US supporting strategic oil islands

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Iran warned it would attack infrastructure of any regional country if it supported the US in conducting military operations into Iranian territory.

Hormuz without a ship, the world's vital oil pipeline paralyzed

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For the first time since the Iranian conflict broke out, no ships have passed through the Strait of Hormuz.

Kharg Island: "Banned Island" determines Iran's oil flow to the world

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Despite its small size, Kharg Island is Iran's economic artery, processing about 90% of the country's crude oil exports.

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.

Huge Gulf oil pipeline becomes savior when Hormuz paralyzed

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Saudi Arabia and UAE's giant oil pipeline has become a "lifebuoy" for the world's energy supply as the Ormuz Strait is paralyzed.

Iran threatens to strike hard on energy infrastructure across the Middle East

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The Iranian military warned of a large-scale response targeting the entire US oil and gas infrastructure in the Middle East if its energy facilities are violated.

Iraq closes a series of key oil ports after oil tanker attacks

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The Iraqi government announced the temporary suspension of all operations at strategic oil ports after a series of attacks targeting oil tankers in the area.

The US may take large profits from the Iran war

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US Senator Lindsey Graham said that the US could make a lot of money from the war with Iran, even calling this conflict a "good investment".