#global-oil-supply
#global-oil-supply

5 days ago

Iranian foreign minister announces 'Strait of Hormuz is declared completely open' - London Business News | Londonlovesbusiness.com

Iran has reopened the Strait of Hormuz for commercial vessels during the ceasefire between Lebanon and Israel, easing regional tensions.

US threatens to 'capture' ships in Hormuz as blockade starts - London Business News | Londonlovesbusiness.com

The U.S. warns vessels entering the Strait of Hormuz without permission will face interception and capture, escalating tensions with Iran.

Starmer says UK will not support US blockade of Strait of Hormuz

UK will not support US blockade of the Strait of Hormuz, emphasizing the need to reopen the vital waterway for global oil supplies.

Oman, Iran discuss smooth transit in Strait of Hormuz, Muscat says

Tehran is blocking the Strait of Hormuz, prompting Oman and Iran to discuss ensuring smooth vessel transit through the vital waterway.

World politics

UK-led coalition of 40 countries vows action on Hormuz Strait gridlock

British PM Keir Starmer emphasizes diplomatic solutions to reopen the Strait of Hormuz amid tensions from Iran's actions against commercial shipping.

Bessent says U.S. to 'retake' Hormuz Strait control, eyes escorts | Fortune

Optimism exists for reopening the Strait of Hormuz and addressing global oil supply shortages.

5 days ago

Iranian foreign minister announces 'Strait of Hormuz is declared completely open' - London Business News | Londonlovesbusiness.com

Iran has reopened the Strait of Hormuz for commercial vessels during the ceasefire between Lebanon and Israel, easing regional tensions.

US threatens to 'capture' ships in Hormuz as blockade starts - London Business News | Londonlovesbusiness.com

The U.S. warns vessels entering the Strait of Hormuz without permission will face interception and capture, escalating tensions with Iran.

Starmer says UK will not support US blockade of Strait of Hormuz

UK will not support US blockade of the Strait of Hormuz, emphasizing the need to reopen the vital waterway for global oil supplies.

Oman, Iran discuss smooth transit in Strait of Hormuz, Muscat says

Tehran is blocking the Strait of Hormuz, prompting Oman and Iran to discuss ensuring smooth vessel transit through the vital waterway.

World politics

UK-led coalition of 40 countries vows action on Hormuz Strait gridlock

British PM Keir Starmer emphasizes diplomatic solutions to reopen the Strait of Hormuz amid tensions from Iran's actions against commercial shipping.

Bessent says U.S. to 'retake' Hormuz Strait control, eyes escorts | Fortune

Optimism exists for reopening the Strait of Hormuz and addressing global oil supply shortages.

more#strait-of-hormuz

fromThe Washington Post

U.S. blockade has turned back six ships leaving Strait of Hormuz

U.S. warships intercepted six merchant vessels leaving an Iranian port, enforcing a blockade amid tensions over the Strait of Hormuz.

World politics

Trump says U.S. Navy to impose Hormuz blockade after failing to reach a deal with Iran. 'No one who pays an illegal toll will have safe passage' | Fortune

Trump aims to control a key waterway to limit Iran's influence and ensure safe passage for ships.

Saudi Arabia says key oil pipeline back to full capacity after attacks

Saudi Arabia's East-West pipeline is back to full capacity, pumping 7 million barrels per day after recent attacks.

Middle East crisis live: Trump casts doubt on Iran war ceasefire over continued closure of strait of Hormuz

The US-Iran ceasefire is under strain due to accusations of breaches and ongoing military actions in the region.

#iran

World news

Trump issues 48-hour ultimatum for Iran to reopen the Strait of Hormuz - London Business News | Londonlovesbusiness.com

fromTruthout

World news

The US-Israeli War on Iran Is Incentivizing Nuclear Proliferation

World news

US may remove sanctions on Iranian oil stranded in tankers, treasury secretary says

fromIrish Independent

9 months ago

US news

'Heightened threat environment' in US as world waits for Iran's response to nuclear sites attack

Trump issues 48-hour ultimatum for Iran to reopen the Strait of Hormuz - London Business News | Londonlovesbusiness.com

Iran has 48 hours to reopen the Strait of Hormuz or face severe military consequences from the U.S. President.

fromTruthout

The US-Israeli War on Iran Is Incentivizing Nuclear Proliferation

The U.S. and Israel launched strikes on Iran amid ongoing negotiations, resulting in significant casualties and global oil supply disruptions.

fromRadioFreeEurope/RadioLiberty

US may remove sanctions on Iranian oil stranded in tankers, treasury secretary says

The US may lift sanctions on 140 million barrels of Iranian oil stranded at sea to stabilize soaring oil prices.

fromIrish Independent

9 months ago

US news

'Heightened threat environment' in US as world waits for Iran's response to nuclear sites attack

more#iran

Russo-Ukrainian War

Key Russian Oil Terminal Hit Again By Drones; Zelenskyy Threatens More Strikes On Russia Facilities

Ukrainian drone attacks have severely impacted Russian oil export capabilities, particularly at the Ust-Luga terminal.

4 weeks ago

Trump Risks All-Out War with New Troop Deployment - London Business News | Londonlovesbusiness.com

Plans to deploy US paratroopers to Kharg Island could escalate tensions with Iran and risk a broader Middle East conflict.

Europe news

fromIrish Independent

4 weeks ago

Government to cut taxes on petrol by 17c and diesel by 22c for the next two months

Taxes on petrol and diesel will be reduced due to global oil supply disruptions.

Trump's 'Art of the Deal' can't reopen the Strait of Hormuz - and it's threatening a recession | Fortune

Trump's decades-long strategy of transferring losses to others fails when confronting the Strait of Hormuz, a critical global oil chokepoint that cannot be restructured or bankrupted.

IEA announces release of 400 million barrels of oil. But is it enough?

The International Energy Agency (IEA), a global energy watchdog, with several of the wealthiest countries as member nations, has announced the largest release of government oil reserves in its history, two weeks after the United States and Israel started their war on Iran with strikes on Tehran.

World politics

US politics

fromAxios

U.S. destroys 10 Iranian vessels amid worries of mines in Strait of Hormuz

Iran's mine deployment in the Strait of Hormuz threatens global oil supply, prompting Trump to warn of military consequences and declare U.S. capability to eliminate mining vessels.

3 months ago

Venezuela open to oil deal, says Rodriguez, as Vance claims US controls' country's resources

The US plans to control Venezuela's oil sales, manage exports, and dictate which sales serve American national interests.