Oil exports
Houthi plans to collect tolls on ships crossing the Red Sea, Iran participates in planning
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A minister in the internationally recognized Yemeni government revealed that the Houthi forces are cooperating with Iran to collect fees for ships passing through the Red Sea.
US expands sanctions on Iran related to oil
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The US announced new sanctions against more than 50 individuals, organizations and ships involved in Iran's oil trading activities.
US promotes oil transportation routes to replace the Strait of Hormuz
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Amidst the turmoil in the Strait of Hormuz, the US is stepping up alternative options to reduce dependence on this shipping route in oil transport.
Iran deploys new plan to bring frozen assets back home
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Iran said that the release of frozen assets is currently the top priority before considering resuming negotiations with the US.
Russia faces fuel shortage, considers banning diesel exports and gasoline imports
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Russia is considering banning diesel exports and fuel imports. Fuel shortages have been recorded in some areas.
Oil prices fluctuate after Israel goes deeper into Lebanon
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New military developments in Lebanon along with concerns about the Strait of Hormuz continue to strongly impact the world market and oil prices.
President Donald Trump is considering a long-term blockade of Iran
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US President Donald Trump is said to be building a long-term blockade plan against Iran to avoid risks from direct military measures.
Russian oil price exceeds 125 USD/barrel, April revenue will exceed 10 billion USD
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The strong increase in world oil prices is helping Russia record its highest budget revenue from oil exports in many months.
First super ship finds way through Hormuz after blockade order
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Super oil tanker heading Iraq is trying to cross the Strait of Hormuz into the Persian Gulf.
Saudi Arabia's key oil pipeline 100% restored
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Saudi Arabia has fully restored the capacity of the East-West oil pipeline to about 7 million barrels/day.
Russia announces reason for removing a series of countries from oil supply list
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The Russian government affirms that it will not supply oil to any country that applies a price ceiling mechanism to its energy.
Iran turns Hormuz into a new financial weapon, potentially earning billions of USD
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Iran is making a new request to end the conflict, related to the Strait of Hormuz, which could bring billions of USD to the country.
Saudi Arabia's East-West oil pipeline runs at full capacity
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Without going through Hormuz, Saudi Arabia's key East-West oil pipeline runs at full capacity, transporting 7 million barrels of oil/day.
Hormuz becomes a toll station, Iran pockets hundreds of millions of USD
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Iran is turning the Strait of Hormuz into a "trial station" and may have earned hundreds of millions of USD from oil sales.
Russia turns around friendly oil and gas neighbors, Europe loses priority
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Russia signals a change in oil and gas export strategy amid global volatility, prioritizing friendly neighborliness.
