Oil

Hormuz crossings rise slightly from weekend, remain in single digits, data shows

Some vessels could be passing through the strait with their transponders switched off and they are not considered in the tally.

Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 18, 2026.
This image shows the Strait of Hormuz, between the Persian Gulf and the Gulf of Oman. The Strait of Hormuz runs between Iran and United Arab Emirates, 2004.

Shipping slows through Strait of Hormuz after tanker attacks, data shows

An Oil tanker named Yu fu Zuo unload imported crude oil at the crude oil terminal of in Qingdao port, in China's eastern Shandong province on July 16, 2026.

China-based Hengli Group main importer of sanctioned Iranian crude oil, analysts say - report

Vessels in the Strait of Hormuz, as seen from Musandam, Oman, August 3, 2026.

UAE says Iran attacked ADNOC vessel in Hormuz, urges Iran to halt attacks, reopen waterways


Energy minister touts oil pipeline to bypass Strait of Hormuz

Israel already has existing infrastructure with a pipeline between Eilat and Ashkelon, but infrastructure would be needed to connect Arab countries if they were willing.

Energy and Infrastructure Minister Eli Cohen.

Iran fires missiles at two commercial ships in Strait of Hormuz, causing major damage

Qatar said on Tuesday the targeting of the Qatari tanker Al Rekayyat near the Strait of Hormuz was an unacceptable attack on the security of international navigation and global energy supplies.

Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 16, 2026.

Trump warns US can wipe out Iran's power grid in 'small part of an afternoon' if deal not reached

The president said, "We freed up the blockade because we're close to maybe making a deal - I don't know, look - we're going to win one way or the other."

US President Donald Trump gestures after ringing the opening bell for the New York Stock Exchange (NYSE) and Nasdaq during an event to mark the launch of "Trump Accounts" in the Oval Office at the White House in Washington, July 6, 2026.

Iran begins talks with Japanese firms on oil sales under temporary US sanctions waiver

A senior Iranian official said any deal would require the US to extend the current waiver given the shipping time between Japan and Iran.

 Iranian flag with stock graph and an oil pump jack miniature model are seen in this illustration taken October 9, 2023.

Iraq, Turkey discuss protocol to keep oil exports flowing, Iraqi foreign ministry says

Iraq and Turkey are expected to sign an executive protocol to ensure the continuation of Iraqi oil exports.

 TURKEY-IRAQ-KURDS-MILITARY-DRILL A photographer takes pictures as soldiers stand next to tanks bearing Turkish and Iraqi flags during a joint military exercise near the Turkish-Iraqi border at Silopi district in Sirnak on September 26, 2017.

Russia launches massive attack on Kyiv, killing at least 10 in retaliation for Ukrainian strikes

Tymur Tkachenko, the head of the capital's ​military administration, said 56 people, including two children, were injured and three dozen locations across the city had been damaged in the attacks.

Firefighters take a break as they work at a site of a Russian missile and drone strikes, amid Russia’s attack on Ukraine, in Kyiv, Ukraine, July 2, 2026.

Iran sold 50 million barrels of oil since the lifting of the American blockade

According to expert estimates, Iran's revenues total approximately $3.5 billion – based on oil prices over the past two weeks.

Iran flag at a Persian Gulf oil facility, July 2005

Rig explosion in Venezuela leaves at least 17 workers wounded, evacuated to Colombia

The wounded were taken to neighboring Colombia for medical treatment as the cause of the blast remains unclear.

Workers of Venezuelan state oil company PDVSA at a rig near Cabimas, Venezuela, January 27, 2026.; illustrative.

IRGC dismisses claim 20 m. barrels of oil used to promote, fund war effort

Mohebbi’s assertion of Tehran’s responsibility did not touch upon the fact that the IRGC’s oil allocation already tripled last year, security expert Roger Macmillan explained to The Jerusalem Post. 

OIL TANKER Al Shaffiah sails at the sea near the Omani coast, as seen from Musandam, Oman, June 26, 2026.

Iran, US to work on negotiating peace deal in Doha after de-escalating weekend strikes

Mediators have established communications channels to de-escalate any incidents, and technical talks are set to continue, the source, with knowledge of the discussions, added.

IRAN'S DELEGATION including Minister of Foreign Affairs of Iran Abbas Araghchi (C) and Speaker of the Islamic Parliament of Iran, Mohammed Bagher Ghalibaf (2ndR) arrive for a quadrilateral meeting between the United States, Iran, Pakistan and Qatar at the Burgenstock luxury hotel complex.