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OIL EXPORTS
Iran's Hormuz leverage wanes as US economic squeeze bitesWashington's economic offensive targets Iran after recent conflict and threats. New sanctions and naval blockades are severely impacting Ir...- Iran to tackle economic issues, says further attacks will be 'more painful'In response to severe US sanctions, Iran aims to implement economic reforms alongside bolstering its military capabilities. After a short l...
- OPEC+ keeps oil output policy unchanged for OctoberOPEC+ maintained its oil output policy unchanged for October. The group needs to agree new quotas before deciding future output steps. The ...
- OPEC+ set to keep oil output policy unchanged on Sunday, sources sayOPEC+ is expected to keep its oil output policy unchanged for October. The group needs to agree new quotas before deciding future output st...
- Iran says it targeted oil tankers, US vessels after American attackIran’s Islamic Revolutionary Guard Corps Navy said it targeted three oil tankers using unauthorized routes through the Strait of Hormuz and...
- Crude oil rally nears $100: Will geopolitical risks push prices higher?Crude oil prices are nearing $100 per barrel, driven by escalating geopolitical tensions between the US and Iran. While physical supply rem...
- Putin says first oil flows through Rosneft's Vostok Oil pipeline, Interfax reportsRussian President Vladimir Putin has proudly announced the commencement of oil transport via a new pipeline, integral to Rosneft's Vostok O...
- Oil ends week higher on renewed US-Iran strikes, diesel hits recordOil prices have surged dramatically this week amidst escalating military tensions between the U.S. and Iran. Record-high retail diesel pric...
- Oil set for steepest weekly gain since mid-July over intensifying US-Iran tensionsOil prices are on the rise, driven by escalating supply risks in the Middle East. The renewed hostilities between the U.S. and Iran have he...
- Oil importers are learning to live with a new reality as old routes of business fall apartOngoing tensions involving Iran are pushing major oil importers to develop alternative supply routes, which increasingly bypass the supply ...
- Iraq oil exports surge, India set to benefit as Hormuz flows easeIraq's oil exports increased significantly in August and September. This rise followed wide profit margins and Iranian tanker passage appro...
- What are Iran's options to retaliate as open warfare resumes with the US?The US launched a fresh wave of attacks on Iran, prompting Iranian missile strikes on what Tehran said were US assets in Jordan, Bahrain, K...
- Windfall tax slashed on fuel exportsNew Delhi has reduced export duties on petrol, diesel, and aviation fuel. The levy on petrol exports is now ₹1.15 per litre, a significant ...
- Iran defiant as Scott Bessent says US likely to announce bank sanctions this weekWashington plans to announce bank sanctions against Iran this week. Oil prices increased after direct attacks and tanker incidents. Iran wa...
- Two tankers carrying Saudi oil attacked in Strait of HormuzTwo supertankers carrying Saudi crude were struck by unknown projectiles within minutes of each other while exiting the Strait of Hormuz, s...
- Refinery to the world: Energy expert Anas Alhajji on India's surprising fuel advantageFollowing a critical oil crisis, India has surfaced as a pivotal fuel supplier. Refineries reached peak performance, promoting export expan...
- Trump was sending message to Iran with Kharg Island post, says VanceVice President JD Vance stated Trump's post conveyed a message to Iran. Trump posted an AI-generated video clip about Kharg Island. US offi...
- Russia is one of the world's top oil producers, so why is it still importing petrol from IndiaRussia is rationing petrol domestically as Ukrainian drone strikes damage its oil refineries. The nation continues crude oil production whi...
- Iraq opens oil exports beyond Hormuz after months of war, eyes ship-to-ship route off OmanIraq now allows crude oil collection outside the Persian Gulf for buyers. This move comes as exports continue through the Strait of Hormuz ...
- Rust, power cuts and delays: Inside Venezuela’s oil export crisisVenezuela's oil exports face significant delays due to ageing port infrastructure. Tankers wait up to thirty days for loading, slowing oper...
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