Oil

Trump demands Iran stops Hezbollah from 'causing trouble,' threatens new strikes

"If they don’t, we’ll hit Iran very hard again," he added.

US President Donald Trump speaks next to Defense Secretary Pete Hegseth during a cabinet meeting in the Cabinet Room at the White House, in Washington, DC, US, May 27, 2026.
Gas flares burn at the Rumaila oil field during an armed patrol by Iraqi Energy Police in Basra, Iraq, June 8, 2026.

Middle East reroutes its energy networks as region navigates shifting sands - analysis

Conoco gas plant after it came under the control of the Syrian government following the withdrawal of the US-backed Syrian Democratic Forces (SDF), in the countryside of Deir al-Zor, Syria, January 19, 2026.

Syrian Petroleum Company signs new gas deal with US energy companies ConocoPhillips and Novaterra

An oil tanker docked at the Port of Fujairah, as the US-Israel conflict with Iran limits marine traffic in the Strait of Hormuz, in Fujairah, United Arab Emirates, May 6, 2026.

Iran will be allowed to sell oil immediately under Trump's new MoU - report


Chinese supertanker breaks through US-Iran war blockade in Hormuz

The Chinese supertanker Yuan Hua Hu crosses the Strait of Hormuz after months of delay, carrying nearly 2 million barrels of Iraqi crude, as US-Iran tensions continue to shape the Gulf.

Ships and boats in the Strait of Hormuz, Musandam, Oman, April 22, 2026.

In double trouble: Iran’s oil crisis – opinion

Given that the Islamic Republic’s lifeblood – oil – is being squeezed, it should learn from history that collapse always begins with a warning sign such as this one

A Satellite image shows a likely oil spill covering dozens of square kilometers near Iran’s Kharg Island, earlier this month.

Syrian President Ahmed al-Sharaa announces first cabinet reshuffle since Assad ouster - report

No official reason was given for the changes.

Syrian President Ahmed al-Sharaa gestures outside 10 Downing Street, after meeting with Britain's Prime Minister Keir Starmer, in London, Britain March 31, 2026.

Suspected oil spill seen on satellite images near Iran's Kharg Island export hub, Iran denies

The cause of the oil spill, which appears to cover the waters west of the 8-kilometer island, is still unknown.

A satellite image shows likely oil spill covering dozens of square kilometers near Iran's Kharg Island, May 6, 2026.

US targets Iraq oil official and militias with sanctions for aiding Iran

The U.S. imposed sanctions on Thursday on Iraq's deputy oil minister and militias over support for Iran, the Treasury Department said.

Drone view of oil tanker HELGA berthed at one of Iraq's southern offshore oil terminals near Basra as it prepares to load crude oil, becoming the second vessel to arrive since the closure of the Strait of Hormuz, April 24, 2026.

Iran can last for months under US Strait of Hormuz blockade, US officials say - report

“The leadership has gotten more radical, determined, and increasingly confident they can outlast US political will and sustain domestic repression to check any resistance,” one US official said.

A map showing the Strait of Hormuz is seen in this illustration taken June 22, 2025.

U.S.–Iran tensions escalate despite ceasefire

Markets are closely watching the next moves in the U.S.-Iran conflict, as renewed tensions in the Strait of Hormuz continue to threaten global oil flows, inflation stability, and investor confidence.

Extra virgin or refined oil – the effects on brain health

The oil you cook with affects brain health – and there is one type that is significantly better than the others.

Olive oil

Maersk US-flagged ship transits Hormuz accompanied by US military

US Central Command said in a social media post on Monday that American forces are actively assisting efforts to restore commercial shipping through the Strait, a vital waterway in the region.

The Singapore-flagged tanker Maersk Kate during the fuel unloading manoeuvre in Telde, on the island of Gran Canaria, Spain, March 27, 2026.

IMF chief Georgieva warns of 'much worse outcome' if Middle East war drags into 2027

The IMF issued three scenarios for global GDP amid uncertainty over the war in the Middle East: the main "reference forecast," a middle "adverse scenario," and a much worse "severe scenario."

Kristalina Georgieva, Managing Director of the International Monetary Fund speaks during the Milken Institute Global Conference 2026 in Beverly Hills, California, US, May, 4, 2026.