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July 21, 2026
Tuesday, oil prices rose by 2% to a five week high. This was due to fears that the Middle East could be hit with more energy disruptions as a result of increased attacks between the U.S. Brent futures climbed $2.12 or 2.4% to $91.34 per barrel at 10:53 am EDT (1453 GMT). U.S.
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July 20, 2026
Warning signs are flashing in the global oil refinery industry. As conflicts in the Middle East, Russia and other energy markets ripple across the globe, the supply chain of products that fuel the global economy is increasingly stressed. Benchmark…
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July 17, 2026
U.S. The U.S. Ambassador to Italy Tilman Ferritta arrived on his superyacht in the lagoon of Venice, attracting protests against the policies of President Donald Trump and increased security. Fertitta is a 'billionaire entrepreneur' appointed by Trump.
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July 13, 2026
The United Arab Emirates Ministry of Defence announced on Tuesday that one Indian crew member died and eight other?were injured when two Emirati oil tankers were hit by Iranian cruise missiles in?the Strait of Hormuz. This was the latest escalation of the strategic waterway.
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July 13, 2026
A crew member from India is still missing after a container?ship flying the Cyprus flag was struck in the Strait of?Hormuz Sunday?and a?search?operation?is under way to find him. Cyprus' Deputy Ministry of Shipping announced on Monday. Authorities…
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July 9, 2026
The 'U.S. government has agreed to allow Germany to acquire 'Tomahawk?cruise missiles?and station them on German territory, Chancellor Friedrich Merz told lawmakers in Berlin on Thursday. The German government will acquire Tomahawk cruise missiles and station them in Germany…
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July 5, 2026
'Qatar announced on 'Sunday, that maritime activities will re-start with 'immediate effect. The advisory of June 29th had called for?the suspension of fishing and sailing boats until further notice. Commercial shipping, however, was exempted.
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July 10, 2026
Following Tehran's renewed?attacks against oil tankers in Strait of Hormuz?, the?Treasury Department announced that new sanctions were issued by the United States on Friday. They targeted a key financier of Iran's new president Mojtaba Khmenei, as well as?13 individuals and entities.
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July 9, 2026
Some clever people have come up with acronyms based on Mexican food to describe the disruptive and unprecedented U.S. presidential presidency of Donald Trump. TACO - Trump Always Chickens out - is an acronym that reflects the U.S. president's tendency to escalate a situation…
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July 4, 2026
Authorities in St Petersburg, Russia's second largest city and the surrounding Leningrad area said on Saturday that a major Ukrainian drone strike overnight had hit a local oil pipeline and port. Alexander Beglov, the Governor of St Petersburg…
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July 3, 2026
Eneos Holdings' chief financial officer said that the Iran War had disrupted Middle Eastern oil supplies. The company has stabilised its oil procurement, and is able to secure alternative crude supply through September. "We are confident about…
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June 28, 2026
CMA CGM said that its Galapagos container ship left the 'Strait of Hormuz' on Sunday. Washington and Tehran both accuse the other of violating the agreement. The ship's captain declined to comment on the circumstances of the vessel's departure from the strait.
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June 23, 2026
Norway's players performed the "rowing", a celebration that became iconic for their fans at the World Cup, after reaching the knockout stages with a nervous 3-2 victory over Senegal. Red-clad Norwegians have done their Viking Row in stadiums, escalators, and even Times Square in New York.
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June 18, 2026
These are the 'top stories' on the?business pages of The New York Times. These stories have not been?verified? and we cannot vouch for the accuracy of these reports. Vincent Clerc said that any deal allowing Iran to charge fees for the Strait…
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June 16, 2026
The Turkish foreign minister said that he had spoken to his Russian counterpart on Tuesday about the importance of avoiding actions in 'the Black Sea' that threatened regional security and Turkey's interests. He also reiterated Turkey's offer as a mediator between Kyiv & Moscow.
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June 16, 2026
Abu Dhabi National Oil Company has sold 30 million barrels of spot oil to Asian refiners and traders this month, and is offering more this week. This will boost exports in the wake of the U.S. - Iran ceasefire. The United Arab Emirates producer sold cargoes containing Das…
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June 12, 2026
Energy Secretary Chris Wright said on Friday that U.S. refiners could still process more Venezuelan heavy oil, as the South American nation's output jumped after the U.S. captured President Nicolas Maduro in January. Facilities on the Gulf Coast also made adjustments to handle higher volumes.
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June 11, 2026
India's shipping ministry announced that it had?ordered all its agencies to be prepared for any occurrence involving Indian seafarers, or maritime interests. This follows three U.S. attacks this week on Indian-crewed tankers, one of which resulted in the death of three sailors.
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June 8, 2026
The European Union announced on Monday that it had imposed sanctions?on two Iranians and a unit of 'Islamic Revolutionary.Guard.Corps, for threatening?freedom of maritime traffic?in the Strait of Hormuz. Around a fifth of world oil passes through the Strait of Hormuz.
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June 8, 2026
The largest oil supply shock since decades is now in its fourth month. There's no end in sight, as neither the U.S. or Iran appear willing to compromise. Yet the market remains surprising calm. This disconnect is a reflection of an uncomfortable…