Oil

What is Pakistan's army chief doing in Iran as tensions with US escalate? - analysis

The visit comes as the US appears to be considering new strikes on Iran. Israel is also on edge as elections approach. There are many factors at play.

Pakistan's army chief Asim Munir attends a meeting between Chinese President Xi Jinping and Pakistan's Prime Minister Shehbaz Sharif at the Great Hall of the People on May 25, 2026 in Beijing, China.
Supporters of the Forever Canadian group, who want Alberta to remain in Canada, wave Canadian flags as they watch the results of a non-binding referendum on Alberta sovereignty in Edmonton, Alberta, Canada October 19, 2026.

Alberta votes to remain part of Canada in historic independence referendum

Vessels transit the Strait of Hormuz off the coast of the port city of Bandar Abbas in southern Iran on September 5, 2026; illustrative

Oil prices over $100 could affect war with Iran, leading to escalation before elections - analysis

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 manages to ship some gas, jet fuel despite US blockade, sanctions, data shows


Lego sales rise as World Cup products draw new customers, despite Iran war raising cost of plastics

Lego's revenue was 41.9 billion Danish crowns ($6.54 billion), operating profit rose 22% to 10.9 billion Danish crowns, while net profit rose 32% to 8.6 billion Danish crowns.

Fans take pictures with a Lego World Cup trophy as they attend a watch party for the France vs Spain FIFA World Cup Semifinal match at Rockefeller Center on July 14, 2026 in New York City.

Strait of Hormuz traffic plunges as Iran, US blockades restrict energy shipments

A total of 89 vessels exited the strait while 103 entered over the seven-day period, the report, based on Automatic Identification System (AIS) data, showed.

A drone view shows vessels in the Strait of Hormuz, as seen from Musandam, Oman, June 15, 2026.

Iran made billions of dollars, bypassed sanctions amid US blockade, top official Rezaee claims

"In the past month or two, we sold seventy million barrels of oil," he said. "Now every day we sell oil to American ships on that side, as much as we produce."

An Iranian flag flutters in the wind as ships remain anchored in the Strait of Hormuz on May 16 2025.

Iran grants permission for a number of Iraqi oil tankers to pass through Strait of Hormuz

Iraqi President Nizar Amedi said that Iran had facilitated the passage of vessels carrying Iraqi oil through the Strait in recent days, and Baghdad had discussed the export of Iraqi oil with Tehran.

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.

Oil tankers going dark to evade Iranian attacks raises major oil spill risk in Gulf - report

Three separate oil spills are already spreading through the Persian Gulf and the Gulf of Oman, putting multiple ecosystems at risk.

This photograph obtained from Iran's ISNA news agency on August 13, 2026 shows an oil slick along the southern coast of Qeshm Island, Iran, August 13, 2026.

NATO members discuss Strait of Hormuz options without alliance involvement

NATO countries have sought to ease the Iran conflict indirectly, focusing on plans outside the alliance to reopen the waterway.

Vessels near the Strait of Hormuz, as seen from Musandam, Oman, August 17, 2026.

Iran linked oil tanker falls victim to Somali piracy surge

The Eritrea-flagged Sibu 1 was at least the 13th vessel attacked this year off the coast of Somalia or in the Gulf of Aden, which links Somalia and Yemen.

Oil tankers pass through the Strait of Hormuz, December 21, 2018.

Iranian oil supplies to China tighten as US blockade cuts Tehran's crude exports

Trade sources say Iranian crude offers to China have declined and prices have risen as Washington's blockade disrupts Tehran's oil shipments.

 Iranian flag with stock graph and an oil pump jack miniature model are seen in this illustration taken October 9, 2023.

US military created secret path through Hormuz, 10 million barrels of oil pass daily - report

US President Donald Trump told reporters "The Strait is open. A lot of boats are coming through, adding that "We are getting a lot of oil out."

A drone view shows vessels in the Strait of Hormuz, as seen from Musandam, Oman, June 15, 2026.

Moscow's fuel stations limit sales amid shortages linked to Ukrainian drone attacks on refineries

Russian authorities have banned exports of gasoline and diesel, eased fuel quality requirements and began importing petroleum products.

A general view shows the Novorossiysk Fuel Oil Terminal (NMT) in the Black Sea port of Novorossiisk, Russia May 30, 2018. Picture taken May 30, 2018.