Oil

Trump threatens tariffs on any nation supplying Cuba with oil

US President Donald Trump announces potential tariffs on countries providing oil to Cuba, ramping up pressure on the island’s leadership.

An illustration of the flags of Cuba and the US, with a rift in between.
An illustration of oil rigs over a background of a Venezuelan flag.

Trump eases Venezuela oil sanctions to boost US investment

The Guinea-flagged oil tanker MT Bandra, which is under sanctions, is partially seen alongside another vessel at El Palito terminal, near Puerto Cabello, Venezuela December 29, 2025; illustrative.

US handing over seized tanker to Venezuela, officials say

 The Iranian ship Khark at an undisclosed location in Iran, September 10,2020.

US offers up to $15 million in rewards for information that leads to capture of IRGC-linked vessels


Iran authorities seize two vessels carrying 'smuggled fuel' in Gulf, agency reports

The vessels were reportedly carrying 1.5 million liters of smuggled diesel fuel, according to the Deputy Commander of the IRGC’s Second Naval Zone, General Masoud Forootan.

A boat of the Iranian Revolutionary Guard (IRGC) sails, at undisclosed place off the coast of Bandar Abbas, Iran August 22, 2019.

US proposes looser interpretation of law that protects threatened species

The public may submit comments on the proposal for 30 days following its publication in the Federal Register, which is expected on Thursday.

An alligator is seen in the Everglades' swamps during the 2020 Python Challenge Python Bowl in Big Cypress National Preserve near Ochopee, Florida, U.S. January 15, 2020. Picture taken January 15, 2020.

The IRGC’s oil empire: How Iran’s elite guards are cashing in on state’s black gold - analysis

The IRGC’s control over Iran’s oil industry is not just an economic fact - it is a political verdict on the regime’s direction.

 The IRGC’s control over Iran’s oil industry has grown to such a point, experts now estimate 50% of the country's oil wealth is siphoned to the military organization

Trump threatens Iran with bombs, Russia with oil tariffs

Trump says no Iran nuclear deal could mean bombing, and vows tariffs on Russian oil if Putin doesn’t end the war in Ukraine.

US President Donald Trump gestures, before boarding Air Force One as he departs for Florida, at Joint Base Andrews, Maryland, US, March 28, 2025

US Treasury chief meets with global banks on Iran oil sanctions

US Treasury Secretary Scott Bessent met with banks and law enforcement to discuss sanctions on Iran's oil exports funding militant groups. He warned institutions about Iran's covert banking network.

US President Donald Trump seen over an Iranian flag (illustrative)

Trump to impose 25% tariff on countries that buy oil, gas from Venezuela

China, which has already been the subject of US tariffs, is the largest buyer of Venezuela's oil, the OPEC member's main export.

 US President Donald Trump in the Oval Office, February 2025.

Harvard study finds replacing butter with plant oils reduces mortality risk by up to 19%

A new long-term study conducted by Harvard University revealed a link between high butter consumption and increased mortality risk.

 Harvard study finds replacing butter with plant oils reduces mortality risk by up to 19%.

Iraq, Turkey talk on energy cooperation, oil exports, and trade ties

Talks in Baghdad focus on energy ties, oil exports, and water concerns.

A Kurdish oil tanker is seen off the coast of Ashkelon

Underwater excavation reveals 1100-year-old ship carrying olive oil from Gaza

Since the Bronze Age, for about 5,000 years, olives have been the indispensable food of sailors in the Mediterranean.

 Underwater excavation reveals 1100-year-old ship carrying olive oil from Gaza.

Trump considering plan to disrupt Iranian oil supply, stop ships at sea

John Bolton, the lead negotiator for the initiative when it was formed, told Reuters "it would be fully justified" to use the initiative to slow down Iran oil exports.

 Valve on an Iranian gas pipeline (illustrative)