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


Trump baffles with sudden U-turn on China buying Iranian oil

Trump appeared to undermine years of US sanctions on Iran, giving China the green light to carry on buying its oil as he seeks to bolster a ceasefire with Israel.

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

Oil companies quietly evacuated Iraq during Israel-Iran conflict

For oil companies in Iraq, there was concern that there would be spillover from the Israel-Iran conflict, as Iran has numerous pro-Iranian militias in Iraq.

 A drone view shows the Zubair Oil Field in Basra, Iraq, January 16, 2025.

India will ensure domestic fuel supply after US and Israel attacks on Iran

India's oil companies have supplies for several weeks and continue to receive energy supplies from several routes. They will take all necessary steps to ensure stability of supplies to their people.

 A truck driver gets his vehicle refuelled at an Indian Oil fuel station in Baghola, Haryana, India, June 4, 2025.

Two oil tankers collide and catch fire near Strait of Hormuz

The Strait of Hormuz links the Gulf to the northwest with the Gulf of Oman to the southeast and the Arabian Sea beyond.

 A view of a ship on fire in the area of reported collision between two oil tankers near the Strait of Hormuz, United Arab Emirates, June 16, 2025

Haifa oil refinery's facilities shut down following Iranian missile strike

The company stated that it is collaborating with the Israel Electric Corporation, which "immediately mobilized," to restore a regular electricity supply to the complex as quickly as possible.

 Fire rises from the Bazan power plant in the northern Israeli city of Haifa, June 15, 2025.

WATCH: 'Tehran is ablaze': Israel strikes massive oil depot near Iranian capital, fire rages

Israel also targets the headquarters of Iran's Defense Ministry • Defense Minister Israel Katz: "Tehran is ablaze"

 Fire of Israeli attack on Shahran Oil depot is seen following the Israeli strikes on Iran, in Tehran, Iran, June 15, 2025.

IDF drone strikes Iran's largest natural gas field, gas production partially suspended

The production of some 12 million cubic meters of gas was temporarily halted due to the Israeli attack on the South Pars gas field.

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

What’s the connection between oil and technology?

A technology developed by the company Beyond Oil removes toxins from used oil, reduces odors and pollutants, and improves food quality.

 With and without Beyond Oil

Kurdistan Region’s $110B gas deals spark controversy with Baghdad – analysis

The energy deals come as Kurdistan is trying to bolster its security and autonomy in Iraq.

 A member of the Kurdish security forces looks at the wreckage of a vehicle belonging to Iraqi security forces in the outskirts of Kirkuk June 16, 2014.

US Treasury sanctions shipping companies involved in transporting petroleum to Yemen

The vessels were said to have delivered the petroleum on behalf of Iran.

THE ‘CORDELIA MOON’ oil tanker bursts into flames after being hit in a Houthi missile attack off Yemen’s Hodeidah Port last October.