Oil
Iraq approves three month mechanism to export crude via local, international firms
Iraq is seeking to diversify its oil export channels and maintain flexibility in marketing its crude amid the Iran war and the closure of the Strait of Hormuz.
Hormuz crossings rise slightly from weekend, remain in single digits, data shows
Shipping slows through Strait of Hormuz after tanker attacks, data shows
China-based Hengli Group main importer of sanctioned Iranian crude oil, analysts say - report
US sanctions Iranian foreign currency exchange, international front companies
“Iran’s shadow banking system facilitates the illicit transfer of funding for terrorist purposes,” said Scott Bessent, Secretary of the Treasury.
Islamic regime launches Persian Gulf Strait Authority, ships reportedly start paying tolls
Ships transiting the Strait of Hormuz now face tolls and strict Iranian oversight as Tehran launches the Persian Gulf Strait Authority, with JPMorgan forecasting 11‑figure annual revenue from tolls.
Abu Dhabi sees leaving OPEC as a matter of national interest - opinion
The future of Emirati relations appears less tied to traditional binaries of friend and foe and more to the logic of the useful partner, the workable path.
Kharg Island and the new energy war over Iran’s collapsing oil exports - opinion
Iran’s Kharg Island shows the hidden cost of sanctions: empty oil terminals, environmental damage, and mounting pressure.
Trump says Xi agrees Iran must open Hormuz, China calls war unjustified
Following his Beijing summit, Trump says Xi supports reopening the Strait of Hormuz, while China calls the Iran war a conflict that “should never have happened.”
Chinese supertanker breaks through US-Iran war blockade in Hormuz
The Chinese supertanker Yuan Hua Hu crosses the Strait of Hormuz after months of delay, carrying nearly 2 million barrels of Iraqi crude, as US-Iran tensions continue to shape the Gulf.
In double trouble: Iran’s oil crisis – opinion
Given that the Islamic Republic’s lifeblood – oil – is being squeezed, it should learn from history that collapse always begins with a warning sign such as this one
Syrian President Ahmed al-Sharaa announces first cabinet reshuffle since Assad ouster - report
No official reason was given for the changes.
Suspected oil spill seen on satellite images near Iran's Kharg Island export hub, Iran denies
The cause of the oil spill, which appears to cover the waters west of the 8-kilometer island, is still unknown.
US targets Iraq oil official and militias with sanctions for aiding Iran
The U.S. imposed sanctions on Thursday on Iraq's deputy oil minister and militias over support for Iran, the Treasury Department said.
