Oil

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".

Secret weapons that help Venezuela thrive faster than oil

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Investors are expecting a secret weapon to help Venezuela revive its economy quickly instead of just relying on oil fields.

US prepares major economic agreement with Cuba after cutting off oil supplies

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The US is preparing an economic agreement with Cuba and this agreement may be announced soon.

Cuba turns to Chinese energy amid US oil cuts

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Cuba accelerates solar power development with strong backing from China as the US tightens oil sanctions against this island nation.

Iran's oil and minerals reach $27 trillion in US calculations

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Owning oil and minerals estimated at $27 trillion makes Iran considered an important factor in US strategic calculations.

Iran - oil pillar OPEC holds 4.5% of world oil supply

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Iran is the 3rd largest oil producer in OPEC with an output of more than 3 million barrels per day in January 2026.

European giant pours heavily into Venezuelan oil field

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European giants are accelerating their strategy of massive capital injection to fully exploit Venezuela's crude oil reserves.

US brings 50 million barrels of oil from Venezuela back home

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President Donald Trump announced that a fleet of super oil tankers is transporting 50 million barrels of oil from Venezuela directly to the US.

World 24h: US sells Venezuelan oil, earning over 1 billion USD

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World news 13. 2: Ukraine considers the biggest concession in Donbass; US sells Venezuelan oil, earning over 1 billion USD...