Oil
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.
IRGC dismisses claim 20 m. barrels of oil used to promote, fund war effort
Iran, US to work on negotiating peace deal in Doha after de-escalating weekend strikes
Iran to pursue human rights cases against the US, will seize assets, judiciary chief announces
Food shortages and rising costs: UN agency warns of global food crisis if Hormuz remains blocked
The closure of the narrow waterway, which normally carries around a fifth of global Liquified Natural Gas supplies, will have a rippling impact beyond the Middle East, Maximo Torero warned.
IMF warns of potential global recession if Iran war worsens in latest economic outlook report
The report notes that the worst-case "severe scenario," which assumes an extended conflict and high oil prices, would lead the world into another recession.
Iran’s oil minister: Crude sales remain strong, revenue to aid industry repairs
Iran’s oil sales remain strong despite the ongoing conflict, with revenue allocated to repairing industry damage caused by wartime attacks, says the oil minister.
Chinese tanker sanctioned by US crosses Strait of Hormuz despite blockade
A US-sanctioned Chinese tanker, Rich Starry, crosses the Strait of Hormuz, becoming the first to exit the Gulf since the US blockade began, carrying methanol from the UAE.
NATO allies refuse to join Trump's Strait of Hormuz blockade
Trump said the US military would work with other countries to block all maritime traffic in the waterway, after weekend talks failed to reach an agreement to end the six-week conflict with Iran.
What does a US naval blockade of Iran mean for oil flows? - explainer
After weekend peace talks in Islamabad between negotiators from the US and Iran ended without a deal, US President Donald Trump ordered a full blockade on the Strait of Hormuz.
IMF warns Strait of Hormuz might never be back to normal
The IMF warned that the situation at Hormuz could be similar to the one in Bab-al-Mandeb, where shipping lanes haven’t yet recovered ever since the first Houthi attack.
Americans weigh in on the Iran war, gas prices, their fears
Reuters spoke with 16 people across Indiana, New York, California, Georgia, and Colorado to understand how they are processing the war amid rapid news cycles and a fractured political landscape.
US says Iran lost track of mine locations spread in Strait of Hormuz, complicating reopening - NYT
The mines, which were laid by small boats and without a clear record of where they were placed, make the Strait of Hormuz almost impossible to transit.
Iran-linked ships drive traffic through Strait of Hormuz, ship tracking data shows
Despite a two-week ceasefire between Iran and the US, most vessels sailing through the Strait of Hormuz in the past day are linked to Iran, according to ship tracking data.
