Oil
Iran to raise fuel prices under limited conditions amid energy crisis
Government officials have warned that subsidized fuel prices in Iran are "not rational," impose a heavy burden on state finances, and incentivise suboptimal consumption as well as force fuel imports.
US Treasury sanctions Iranian-linked front companies, shadow fleet vessels used to sell crude oil
Iraqi PM-led coalition tops Iraq election with 46 seats, commission says
Trump would back Russia sanctions bill if he retains final authority, White House official says
Russia's Novorossiysk port resumes oil loadings after Ukrainian attack
Novorossiysk and a neighboring Caspian Pipeline Consortium terminal temporarily suspended oil exports, equivalent to 2.2 million barrels per day, or 2% of global supply, on Friday.
Ukrainian Navy 'destroys' Russian special unit stationed on Black Sea oil rig
The strikes killed a Russian anti-tank crew and destroyed reconnaissance and surveillance equipment at the Syvash drilling rig in the Black Sea.
US grants Hungary exemption on Russia sanctions after warm Trump-Orban meeting
The exemption will last for one year and includes a Hungarian commitment to buy US liquefied natural gas with contracts valued at $600 million.
Iraq, Turkey sign deal on Iraqi water infrastructure projects
The initial batch of projects will include three water harvesting dams and three land reclamation initiatives, according to an Iraqi water resources official.
New Zealand insurer kept Iran, Russia sanctioned oil flowing - report
New Zealand insurance, Maritime Mutual, aids in the trade of billions of dollars of Iranian and Russian oil.
US imposes sanctions on Russian oil companies Rosneft and Lukoil
"We encourage our allies to join us in and adhere to these sanctions," Treasury Secretary Scott Bessent said in a statement announcing the sanctions.
Dutch Supreme Court rejects Russia’s final appeal in Yukos case, clearing path to enforce $65b
Because Moscow has refused to pay, the shareholders have already turned to identifying and attaching Russian state assets abroad, subject to local sovereign-immunity rules.
Four oil facility guards killed in an attack near Syria's Deir Ezzor, state media says
No group has claimed responsibility for the attack.
Trump says Modi has assured him India will not buy Russian oil
Trump stated that he would next try to get China to do the same as Washington intensifies efforts to cut off Moscow’s energy revenues.
Yemen's Houthis say they will target major US oil exporters in nearby seas
Yemen’s Houthis named Exxon, Chevron, and other US firms as targets, vowing attacks in the Red Sea despite a prior truce with Trump’s administration.
Economically boosting the KRG with resumed oil exports will benefit region - analysis
Oil is flowing again from Iraq’s Kurdistan Region to Turkey, a move hailed as “historic” and expected to boost Iraq’s federal budget by up to $500 million monthly.