Oil

Iran dodges sanctions using barter system to buy billions of dollars of Chinese goods

The secretive trade mechanism, in which Iranian oil is exchanged for credits for Chinese imports, has provided a financial lifeline for Tehran in recent years.

An illustration of a handshake over the backdrop of a Chinese and Iranian flag.
The remains of a telecommunications tower and offices are destroyed following a US military strike earlier in the week on Kuhestak, Sirik County, in Iran's southern Hormozgan province on September 6, 2026.

US military jets reportedly damaged after Iran launches missile barrage at airbase in Jordan

The Falkland Islands

Argentina to file criminal complaint against Israeli drilling company for operating in Falklands

US President Donald Trump speaks to reporters before boarding Air Force One at Joint Base Andrews in Maryland on September 9, 2026.

Trump claims Tehran trying to influence midterms, says war will end after election


Panama tanker carrying Iraqi fuel oil struck by drone in Iraqi waters

Iraqi rescue boats extinguished a fire aboard the tanker, New Andros, and there were no reports of casualties, port officials told Reuters.

Drone view of oil tanker HELGA berthed at one of Iraq's southern offshore oil terminals near Basra as it prepares to load crude oil, becoming the second vessel to arrive since the closure of the Strait of Hormuz, April 24, 2026.

Brent crude rises above $100 a barrel as Middle East conflict escalates

The Houthi attacks could threaten crude shipments via the Red Sea, which has been a key alternative route to the crucial Strait of Hormuz, where crude flows have been severely curtailed.

Illustration shows U.S. and Iranian flags, 3D printed oil barrels and rising stock graph

Strikes reportedly hit southern Iran after regime condemns US attacks on its tankers

Sirens sound in Saudi Arabia • Sa'ar says Israel will not force Palestinians out of Gaza • Blinken denies telling Qatari emir to delay hostage deal

The remains of a telecommunications tower and offices are destroyed following a US military strike earlier in the week on Kuhestak, Sirik County, in Iran's southern Hormozgan province on September 6, 2026.

Dwindling oil revenue is driving Iran into deeper economic crisis - report

The US's continued efforts to choke Iran's economy appear to be working, although questions over whether financial pressure will suffice for Tehran to concede the Washington's demands remain.

An Iranian woman shops in a store in Tehran, Iran, April 28, 2026.

IRGC confirms Iran attacked Jordanian US military base, two US vessels, eight tankers in Gulf

US Secretary of State Marco Rubio warned Iran on Tuesday that the US would continue to strike Iranian oil tankers in retaliation for attempted attacks on US warships.

A satellite image shows an oil terminal at Kharg Island, Iran, February 25, 2026.

Arab Gas Pipeline revival: Jordan approves strategic natural gas supply route to Lebanon via Syria

Under the new arrangement, Jordan will import liquefied natural gas and regasify it using existing infrastructure at the Aqaba Port, before transporting the product to Lebanon through Syria.

A worker checks an oil pipeline at Nahr Bin Umar oil field, north of Basra, Iraq.

Saudi energy group signs landmark oil, gas agreements with Afghanistan

The agreements also include a natural gas utilization study in Herat and plans for a proposed 435-mile gas pipeline, in a deal that could pave the way for billions of dollars in future investment. 

3D-printed oil pump jacks and a Saudi Arabian flag appear in this illustration taken March 2, 2026.

Iranian missiles intercepted over Jordan in largest barrage since Operation Roaring Lion

Iran's president says Tehran to resist until 'aggressors are regretful' • IDF, Border Police continue operations in West Bank • Hormuz shipping traffic dips as Gulf energy infrastructure is vulnerable

IDF reservists

Iran’s grip on Hormuz was never as strong as it looked - opinion

According to recent US government estimates, roughly 15 million barrels of Gulf oil are now leaving the region each day through the strait and alternative export routes.

 A map showing the Strait of Hormuz and Iran is seen in this illustration taken June 22, 2025.

JD Vance: Only US can protect Strait of Hormuz, prevent global energy crisis

Vance criticized European allies over Iran’s attacks on shipping and defended US efforts to keep energy markets supplied through the Strait of Hormuz.

 US Vice President JD Vance speaks during a press briefing, the first since Karoline Leavitt stepped down as press secretary, at the White House, in Washington, DC, US, September 3, 2026.