Oil
US offers up to $15 million in rewards for information that leads to capture of IRGC-linked vessels
The US Department of State is offering a reward of up to $15 million for information that would lead to the identification of entities involved in oil sales conducted by the IRGC.
US-Iran flare-up, cold stint push oil prices to multi-month peak
US threatens to starve Iraq of its oil dollars over Iranian influence, sources say
Israel's imports of Azerbaijani oil via Turkey jump despite Ankara's trade ban
Trump threatens Iran with bombs, Russia with oil tariffs
Trump says no Iran nuclear deal could mean bombing, and vows tariffs on Russian oil if Putin doesn’t end the war in Ukraine.
US Treasury chief meets with global banks on Iran oil sanctions
US Treasury Secretary Scott Bessent met with banks and law enforcement to discuss sanctions on Iran's oil exports funding militant groups. He warned institutions about Iran's covert banking network.
Trump to impose 25% tariff on countries that buy oil, gas from Venezuela
China, which has already been the subject of US tariffs, is the largest buyer of Venezuela's oil, the OPEC member's main export.
Harvard study finds replacing butter with plant oils reduces mortality risk by up to 19%
A new long-term study conducted by Harvard University revealed a link between high butter consumption and increased mortality risk.
Iraq, Turkey talk on energy cooperation, oil exports, and trade ties
Talks in Baghdad focus on energy ties, oil exports, and water concerns.
Underwater excavation reveals 1100-year-old ship carrying olive oil from Gaza
Since the Bronze Age, for about 5,000 years, olives have been the indispensable food of sailors in the Mediterranean.
Trump considering plan to disrupt Iranian oil supply, stop ships at sea
John Bolton, the lead negotiator for the initiative when it was formed, told Reuters "it would be fully justified" to use the initiative to slow down Iran oil exports.
Iran begins Turkmenistan-to-Turkey gas transit, boosting regional ties
Turkmenistan to supply Turkey with gas via Iran in a new strategic deal.
Saudi Arabia’s state-owned oil company reports 12% drop in profits
The company attributed the decline to weaker oil prices, higher operating costs, and lower income from sales.
Norwegian fuel company refuses service to US forces after Trump-Zelensky blow up
Norway's Defense Minister Tore Sandvik later issued a statement assuring that the NATO country would continue to supply the US.
