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.

 The Iranian ship Khark at an undisclosed location in Iran, September 10,2020.
Blue barrels of oil.

US-Iran flare-up, cold stint push oil prices to multi-month peak

 A drone view shows the Zubair Oil Field in Basra, Iraq, January 16, 2025.

US threatens to starve Iraq of its oil dollars over Iranian influence, sources say

Flag of Azerbaijan

Israel's imports of Azerbaijani oil via Turkey jump despite Ankara's trade ban


Trump shares image of Nicolas Maduro aboard US warship after capture

Trump noted that the forces that captured Maduro suffered a few injuries and no deaths.

Venezuelan President Nicolas Maduro aboard the USS Iwo Jima after his capture by US forces. January 3, 2026.

Maduro says Venezuela is a 'brother country' to US, offers serious talks on oil reserves, drugs

Maduro noted that when he and Trump last spoke in November, the US president had acknowledged his authority by addressing him as "Mr. President."

VENEZUELA'S PRESIDENT Nicolas Maduro and his wife Cilia Flores attend a year-end salutation to military forces in La Guaira, Venezuela December 28, 2025.

Russia asks US to stop pursuit of fleeing oil tanker, claims authority - NYT

The tanker was en route from Iran to Venezuela when the Coast Guard attempted to apprehend it. The Coast Guard has been chasing the tanker for almost two weeks.

A Spanish Civil Guard boat sails past Iranian oil tanker Grace 1 as it sits anchored after it was seized in July by British Royal Marines off the coast of the British Mediterranean territory on suspicion of violating sanctions against Syria, in the Strait of Gibraltar, southern Spain August 13, 2019

Bahrain unveils massive reform package to tackle $50 billion debt crisis

The reform package includes higher electricity and water tariffs, with an exception for citizens’ first homes, which will continue to receive subsidized rates up to a specified limit.

BAHRAIN'S MINISTER of Finance and National Economy, Sheikh Salman bin Khalifa al-Khalifa speaks during a financial conference in Manama, Bahrain February 27, 2019.

US targets crude oil tankers, firms in new Venezuela-related sanctions, Treasury website shows

The United States imposed new sanctions on four companies and oil tankers linked to Venezuela’s oil sector, as President Donald Trump ramps up pressure on President Nicolas Maduro.

An illustration of oil rigs over a background of a Venezuelan flag.

Iran seizes foreign oil tanker near Gulf, saying it was carrying millions of smuggled fuel liters

Iran said last week it had seized another foreign tanker carrying 6 million litres of what it described as smuggled diesel in the Gulf of Oman.

Etswani flagged vessel.

White House orders US forces to focus on 'quarantine' of Venezuelan oil for next two months

The White House has directed US forces to prioritize the "quarantine" of Venezuelan oil for the next two months, aiming to use economic pressure over military action.

An illustration of oil rigs over a background of a Venezuelan flag.

Iraq says gas supplies from Iran have been halted as Trump's 'maximum pressure' campaign kicks in

The ministry reported that 4,000 to 4,500 megawatts of power have been lost from the electrical system due to the halt in Iranian gas supplies.

Cracked brick wall painted with a Iranian flag on the left and a Iraqi flag on the right.

Oil’s geopolitical premium vanished in 2025 and may not return - opinion

Oil futures in 2025 have oscillated within a relatively narrow range, with the high coming in January before the Organization of the Petroleum Exporting Countries began production increases.

An aerial view shows the oil tanker named Boracay (also called Pushpa), a vessel being investigated by French authorities and suspected of belonging to the so-called "shadow fleet" involved in the Russian oil trade, off the coast of the western France port of Saint-Nazaire, France, October 2, 2025

Ukraine hits Russian 'Shadow Fleet' tanker in Mediterranean with drones

The Ukrainian official did not say how the drones reached the ship, but said the operation involved "multi-stage" measures.

A Ukrainian sea drone approaches to strike the Dashan, a tanker part of Russia's so-called "shadow fleet", in the Black Sea, December 10, 2025, in this picture obtained from a video. S