Oil tanker struck by unknown projectile in Strait of Hormuz, UKMTO says crew safe
A tanker transiting the Strait of Hormuz was struck by an unidentified projectile on October 1, setting off a fire…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
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UK and US hold emergency talks as diesel crisis escalates
UK energy secretary Miatta Fahnbulleh is in direct contact with her US counterpart Chris Wright as Donald Trump threatens to…
Brent Crude Jumps Over 4% as U.S. Reportedly Sends Third Aircraft Carrier to Middle East
Oil prices jumped Thursday after a report that the U.S. is sending a third aircraft-carrier strike group and up to…
UK and EU in talks to release diesel reserves after Trump threatens US export ban
The UK is in talks with EU partners to release additional strategic diesel reserves if needed, after President Donald Trump…
US threatens diesel export ban to pressure EU into releasing reserves
The Trump administration has pressured European governments to release strategic diesel reserves and threatened to ban US diesel exports if…
