News
UK marines board Russian shadow fleet oil tanker in English Channel
Royal Marine Commandos boarded the vessel in an operation lasting six hours in the early hours of Sunday. Source link
Tag
Oil
News
Newscast - Has The UK Softened Russia Oil Sanctions?
Available for over a year Today, the government announced a watering down of Russian oil sanctions as fuel prices rise from Iran war. Adam…
Business
Oil prices drop and stock markets rise after reports of deal to end Iran war
Reports have raised hopes of an agreement between the US and Iran after days of escalation. Source link
News
US strikes Iranian fast boats as Iran attacks UAE oil facility
Meanwhile shipping company Maersk said one of its US-flagged commercial vessels had successfully exited the Strait of Hormuz under US…
Business
Oil and gas prices rise after gas field strike
"As previously warned, if the fuel, energy, gas, and economic infrastructures of our country are attacked by the American-Zionist enemy,…
Business
Oil prices jump after attack on Iran threatens crucial Strait of Hormuz
Experts have warned that a prolonged conflict could push global energy prices even higher. Source link
News
Oil gains nearly 3% after abrupt end to Russia-Ukraine talks
Oil prices gained nearly 3 per cent on Wednesday (Feb 18) after peace talks between Ukraine and Russia in Geneva ended after only two…
Business
Oil prices slide 2% to two-week low on talk of progress in US-Iran talks
Investors are closely watching US-Iran relations as any escalation or conflict could lead to Iran closing the Strait of Hormuz Oil prices…
News
US forces board second sanctioned oil tanker in Indian Ocean
US military boarded an oil tanker in the Indian Ocean after tracking the vessel for thousands of miles, saying it tried to circumvent…
Business
Oil prices settle slightly higher
Oil prices settled marginally higher on Friday (Feb 13) after data showed an overall slowdown in US inflation, helping offset supply…
Business
Oil prices climb on worries of possible Iran-US conflict
Oil prices settled higher on Friday (Feb 6), reversing earlier losses as traders worried that this week’s talks between the US and Iran…
News
U.S. sanctions Iran's oil shadow fleet as nuke talks start
The Trump administration is sanctioning parts of Iran's energy sector while talks over Tehran's nuclear ambitions unfold in Oman. Source…
News
Trump cuts tariffs on India to 18% after Modi agrees to stop buying Russian oil
President Donald Trump said Monday that he plans to lower tariffs on goods from India to 18%, from 25%, after Indian Prime Minister…
News
Trump to reduce India tariffs after Modi pledges to stop buying Russian oil
President Trump on Monday lowered the tariffs he placed on goods from India after Prime Minister Narendra Modi agreed to stop buying…
Fashion
Opec+ agrees to keep oil output unchanged as Iran tensions boost prices
They will raise production quotas by about 2.9 million barrels per day from April till December 2025, roughly 3% of global demand.…
Fashion
Trump welcomes China, India investment in Venezuela oil
President Donald Trump said on Saturday (Jan 31) he welcomed investment by China and India in Venezuela’s oil industry. “China is welcome…
Business
Oil hovers near six-month high as investors track US-Iran tensions
Oil prices dipped a few cents per barrel on Friday (Jan 30), consolidating recent gains and holding near six-month highs, supported by…
Business
Michigan Wants to Make Big Oil Pay for Climate Change
First, the lawsuit says, the fossil fuel industry engineered an across-the-board abandonment of renewable energy that only makes sense in…
Business
ExxonMobil beats Wall Street targets for Q4 profit with help from lower-cost oil production
ExxonMobil beat Wall Street targets in fourth-quarter earnings reported on Friday (Jan 30), with lower-cost oil production in the Permian…
News
Canada, India pledge to grow oil, petroleum trade in energy reset
The expansion of the Trans Mountain pipeline has opened a direct path for crude shipments to the Asian giant Canada and India will pledge…
Business
Oil holds onto gains as Iran keeps investors on edge
Oil prices extended gains on Monday after climbing more than 2 per cent in the previous session, as tensions between the US and Iran kept…
Fashion
Vitol and Trafigura – traders at the heart of Trump’s Venezuela oil grab
The companies’ special licences to ship still-sanctioned barrels have given them a head start in a potentially lucrative trade US…
News
Oil rises nearly 3% as US sends armada to Iran, slaps new sanctions
prices settled at their highest in over a week on Friday (Jan 23) after US President Donald Trump ratcheted up pressure against Iran…
Fashion
Rob Hirst: Legendary Drummer of Midnight Oil Dies Aged 70 After Long Fight with Pancreatic Cancer
The global music world is mourning the loss of legendary Midnight Oil drummer, Rob Hirst, who has died at 70 after a nearly three-year…