Business
Saudi Pipeline Shutdown Puts 4% of Global Oil Supply at Risk
Saudi Arabia’s East-West pipeline shutdown could threaten 4% of global oil supply if repairs drag on after drone attacks.
Editorial Team·
·3 min
10 results for "oil supply"
Business
U.S. Says It Destroyed Five Iranian Oil Tankers After Missile Attacks
CENTCOM says it destroyed five Iranian oil tankers after missile attacks on a U.S. Navy ship, escalating pressure on Tehran’s oil network.
Editorial Team·
·3 min
Business
US-Iran Tensions Impact Oman’s Strategic Role in Strait of Hormuz Negotiations
US threats to Oman amid stalled US-Iran talks threaten regional stability and the future of maritime control in the critical Strait of Hormuz, impacting energy markets and corporate strategies.
Editorial Team·
·2 min
Business
US Considers Declaring Strait of Hormuz as American Territory Amidst Strategic Control Efforts
President Trump signals intent to declare the Strait of Hormuz US territory, implying indefinite military presence amid contested control with Iran impacting global oil supply.
Editorial Team·
·2 min
Business
IRGC Confirms Mining of Oil Tanker in Strait of Hormuz Amid Escalating Maritime Tensions
The IRGC mined an oil tanker in the Strait of Hormuz, escalating risks for global shipping and signaling Iran's intent to control this vital oil transit corridor amid regional tensions.
Editorial Team·
·2 min
Business
Russia Implements Widespread Fuel Sales Restrictions Amid Oil Industry Disruptions
Russian regions impose fuel purchase limits due to supply disruptions from Ukrainian drone attacks on oil infrastructure, affecting over 50 regions nationwide.
Editorial Team·
·1 min
Business
Bulgaria to Veto New EU Sanctions Against Russia Citing Economic Risks and Strategic Concerns
Bulgaria plans to veto the EU's new sanctions against Russia, citing risks to its oil industry and supply chains, while supporting Ukraine's EU accession talks.
Editorial Team·
·1 min
Business
US Military Strikes Iran Following Downing of Apache Helicopter Over Strait of Hormuz
US forces launched targeted strikes on Iranian air defenses after Tehran downed an American Apache helicopter over the Strait of Hormuz, escalating regional tensions amid ongoing diplomatic talks.
Editorial Team·
·2 min
Business
UK Grants Indefinite License for Importing Russian-Origin Fuel Amid Energy Market Pressures
The UK issues an indefinite license to import Russian-origin diesel and kerosene from third countries, adjusting sanction policies amid energy market pressures.
Editorial Team·
·1 min
Business
US Will Not Extend Temporary Sanctions Exemptions for Russian and Iranian Oil Shipments
The US Treasury will not extend temporary waivers for purchasing Russian and Iranian oil shipments at sea, signaling a stricter sanctions regime amid geopolitical tensions.
Editorial Team·
·2 min