US sanctions Chinese refinery for buying Iranian crude as blockade and stalled nuclear talks keep oil supply risk high
The US Treasury has sanctioned a major Chinese refinery for buying Iranian crude, an ongoing naval blockade is pushing Iran's...
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
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Iran Claims It Has Expelled US Forces From the Strait of Hormuz
Iran's army commander, Hatami, says U.S. forces have been expelled from the Persian Gulf, the Gulf of Oman, and the...
US Strategic Petroleum Reserve Falls to Lowest Level Since 1983
The U.S. Strategic Petroleum Reserve has fallen under 300 million barrels, its lowest level since 1983. Prediction markets have nudged...
Falling diesel exports from Russia and the Middle East squeeze global crude supply
A widening diesel shortage, driven by falling exports from the Middle East and Russia, is tightening the global crude oil...
India orders oil firms to raise LPG output as Middle East conflict threatens Gulf supply
India has ordered its oil companies to raise output of liquefied petroleum gas (LPG) as the Middle East conflict raises...
