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


Iraq says gas supplies from Iran have been halted as Trump's 'maximum pressure' campaign kicks in

The ministry reported that 4,000 to 4,500 megawatts of power have been lost from the electrical system due to the halt in Iranian gas supplies.

Cracked brick wall painted with a Iranian flag on the left and a Iraqi flag on the right.

Oil’s geopolitical premium vanished in 2025 and may not return - opinion

Oil futures in 2025 have oscillated within a relatively narrow range, with the high coming in January before the Organization of the Petroleum Exporting Countries began production increases.

An aerial view shows the oil tanker named Boracay (also called Pushpa), a vessel being investigated by French authorities and suspected of belonging to the so-called "shadow fleet" involved in the Russian oil trade, off the coast of the western France port of Saint-Nazaire, France, October 2, 2025

Ukraine hits Russian 'Shadow Fleet' tanker in Mediterranean with drones

The Ukrainian official did not say how the drones reached the ship, but said the operation involved "multi-stage" measures.

A Ukrainian sea drone approaches to strike the Dashan, a tanker part of Russia's so-called "shadow fleet", in the Black Sea, December 10, 2025, in this picture obtained from a video. S

Iran’s shadow aviation network keeps weapons flowing under sanctions

From disappearing flights to byzantine corporate structures, a groundbreaking report shows how China and Russia, along with many other countries, help Iran evade sanctions.

An Iranian soldier holds an RPG on Quds Day, in Tehran, Iran, April 5, 2024

Iran detains 18 crew members of foreign tanker seized in Gulf of Oman

Iran said those detained in the ongoing investigation include the tanker's captain. The vessel's identity and the crew members' nationalities were not disclosed.

Members of the Iranian Navy attend the joint Navy exercise of Iran, China and Russia in the Gulf of Oman, Iran, in this handout image obtained on March 12, 2025; illustrative.

US issues fresh sanctions targeting Maduro's family, Venezuela-linked oil tankers

The action came as the US executes a large-scale military buildup in the southern Caribbean and as US President Donald Trump campaigns for Maduro's ouster.

Venezuela's President Nicolas Maduro attends an event with supporters following U.S. President Donald Trump's statement that ground operations against drug cartels could be next, even without a declaration of war, in Caracas, Venezuela, October 23, 2025.

US seizes tanker said to transport sanctioned oil from Venezuela and Iran

Officials, speaking with Reuters on the condition of anonymity, said the US Coast Guard led the operation, and did not name the tanker or where the interdiction took place.

 A coast guard boat of the Venezuelan Navy operates off the Caribbean coast on the day Venezuela's President Nicolas Maduro says that Venezuela would deploy military, police, and civilian defenses at 284 "battlefront" locations across Venezuela, amid heightened tensions with the US, Sept. 11, 2025.

UAE-backed forces seize South Yemen oil belt, reshaping war and Gulf power balance - analysis

The STC’s growing power in southern Yemen, while unlikely to mitigate Houthi terrorism, could gift Israel a key ally in the region, particularly if an independent south joins the Abraham Accords.

The South Yemen flag flies as soldiers from the Southern Transitional Council stand guard outside the compound of the Presidential Palace in Aden, Yemen, December 9, 2025.

Iran plays with fire as economic anger grows, fuel hike may be spark that lights people - analysis

Iran’s looming fuel hike is reviving memories of the deadly 2019 uprising, raising fears that economic pressure could ignite fresh unrest.

A picture taken on November 17, 2019 shows a scorched gas station that was set ablaze by protesters during a demonstration against a rise in gasoline prices in Eslamshahr, near the Iranian capital of Tehran.

Iran-backed drone strikes on US oil sites push Iraq closer to Washington over Tehran - analysis

Iraq is the second-biggest producer in the Organization of Petroleum Exporting Countries, which Trump has regularly criticized for trying to keep oil prices high.

Smoke rises above an oil field following a drone attack, on the outskirts of Zakho city in the Kurdistan Region of Iraq on July 16, 2025.