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


US imposes sanctions on network for transporting Iranian oil

"By targeting Iran’s oil revenue stream, Treasury will further degrade the regime’s ability to carry out attacks against the United States and its allies," Treasury Secretary Scott Bessent said.

A drone view shows oil tankers loading crude oil at the Basra Oil Terminal in Iraqi territorial waters, off the coast of Basra, Iraq, August 5, 2025. REUTERS/Mohammed Aty

Russian overnight attack on Kyiv kills 15, injures 38, Ukraine says

Russia, which denies targeting civilians, has stepped up air strikes in recent months on Ukrainian towns and cities far from the front lines of the war.

Residents walk at the site of an apartment building hit during Russian drone and missile strikes, amid Russia's attack on Ukraine, in Kyiv, Ukraine August 28, 2025.

UK sanctions Iranian oil magnate accused of destabilization activities

Following suspicions of participating in "destabilization activities," multiple sanctions have been launched against Iranian oil magnate and associated entities.

 On March 12, 2017, a view of an Iranian oil facility on Khark Island in the Persian Gulf

Once and for all: Is sunflower oil dangerous for you?

Recently, more and more questions have arisen about sunflower oil. Is it really unhealthy for you, and what does it contain?

Dangerous or not?

Bazan enters oil production market with $100m. investment in US firm

Israeli energy group Bazan buys 52% stake in US oil firm Cantium, marking its strategic entry into upstream operations.

Bazan Chairman Moshe Kaplinsky

Ancient oil lamps reveal hidden Jewish legacy of Spanish church

Archeologists suggested that, if confirmed as a synagogue, it could be among the oldest known in Spain, possibly the earliest.

Ancient oil lamps reveal hidden Jewish legacy of Spanish church.

Fire contained at Iran's Abadan refinery, one dead, SHANA says

The refinery, like almost all Iranian oil and gas processing plants, needs major works and renovation.

 A general view shows a unit of South Pars Gas field in Asalouyeh Seaport, north of Persian Gulf, Iran November 19, 2015

Drone attack targets Tawke oilfield in Iraq's Kurdistan

A drone attack targeted an oilfield in Iraqi Kurdistan this Thursday, in what represents a big hit that lowers oil output between 140,000 and 150,000 barrels per day.

Smoke rises after a drone attack targeted oil facilities in the Zakho area of Iraq's Kurdistan region, Iraq July 16, 2025.

Drone strikes shut oilfields in Iraq's Kurdistan, cut output by up to 150,000 bpd

Several oilfields halted operations due to significant infrastructure damage, the Kurdistan region's Natural Resources Ministry said.

 Smoke rises after a drone attack targeted oil facilities in the Zakho area of Iraq's Kurdistan region, Iraq July 16, 2025.

US Embassy condemns drone attacks on Iraq's oil fields

The drone attacks have been a continued source of concern for Erbil and the Kurdistan regional authorities, who govern the Kurdish autonomous region in northern Iraq.

A view of a damaged building following missile attacks, in Erbil, Iraq, January 16, 2024