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


India says it expects Saudi Arabia to mind 'sensitivities' after pact with Pakistan

On Thursday, India's foreign ministry said it was aware that the pact had been under consideration and that it would study the implications for New Delhi.

 Saudi Crown Prince Mohammed bin Salman and Pakistan Prime Minister Shehbaz Sharif embrace each other on the day they sign a defence agreement, in Riyadh, Saudi Arabia, September 17, 2025.

US imposes sanctions on global financial network facilitating Iranian oil sales

The US has sanctioned a financial network tied to Iranian oil sales, targeting entities in Hong Kong and the UAE to disrupt funding for Iran’s military and proxies.

 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

Tanker truck explodes on Mexican highway, killing three and injuring 70

The city's fire department said the flames had been fully extinguished in and around the overturned tanker trailer, which had been hauling liquefied petroleum gas.

A man walks nex to the charred remains of a trailer, one of the vehicles damaged in a gas tanker explosion on Ignacio Zaragoza Avenue, where multiple individuals sustained burn injuries after the tanker overturned, in Mexico City, Mexico, September 10, 2025.

US imposes sanctions on network for transporting Iranian oil

"By targeting Iran’s oil revenue stream, Treasury will further degrade the regime’s ability to carry out attacks against the United States and its allies," Treasury Secretary Scott Bessent said.

A drone view shows oil tankers loading crude oil at the Basra Oil Terminal in Iraqi territorial waters, off the coast of Basra, Iraq, August 5, 2025. REUTERS/Mohammed Aty

Russian overnight attack on Kyiv kills 15, injures 38, Ukraine says

Russia, which denies targeting civilians, has stepped up air strikes in recent months on Ukrainian towns and cities far from the front lines of the war.

Residents walk at the site of an apartment building hit during Russian drone and missile strikes, amid Russia's attack on Ukraine, in Kyiv, Ukraine August 28, 2025.

UK sanctions Iranian oil magnate accused of destabilization activities

Following suspicions of participating in "destabilization activities," multiple sanctions have been launched against Iranian oil magnate and associated entities.

 On March 12, 2017, a view of an Iranian oil facility on Khark Island in the Persian Gulf

Once and for all: Is sunflower oil dangerous for you?

Recently, more and more questions have arisen about sunflower oil. Is it really unhealthy for you, and what does it contain?

Dangerous or not?

Bazan enters oil production market with $100m. investment in US firm

Israeli energy group Bazan buys 52% stake in US oil firm Cantium, marking its strategic entry into upstream operations.

Bazan Chairman Moshe Kaplinsky

Ancient oil lamps reveal hidden Jewish legacy of Spanish church

Archeologists suggested that, if confirmed as a synagogue, it could be among the oldest known in Spain, possibly the earliest.

Ancient oil lamps reveal hidden Jewish legacy of Spanish church.

Fire contained at Iran's Abadan refinery, one dead, SHANA says

The refinery, like almost all Iranian oil and gas processing plants, needs major works and renovation.

 A general view shows a unit of South Pars Gas field in Asalouyeh Seaport, north of Persian Gulf, Iran November 19, 2015