Shipping disruptions hit Strait of Hormuz, Bab al‑Mandeb and Black Sea, threaten oil supplies Shipping disruptions in the Strait of Hormuz, Bab al‑Mandeb and the Black Sea threaten a quarter …
Oil
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Business
Oil prices plunge after US and Iran suspend attacks, analysts remain skeptical
by Leo Müllerby Leo MüllerOil prices tumble after US and Iran pause mutual attacks Oil prices plunged after the US and Iran paused mutual strikes, the largest one‑day drop since May; analysts warn geopolitical …
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World
Oil tanker explodes after striking naval mine in Strait of Hormuz, Iranian media reports
by anna walterby anna walterOil tanker explodes after hitting naval mine in Strait of Hormuz, Iranian media report Oil tanker exploded after striking a naval mine in the Strait of Hormuz, Iranian media say; …
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Business
Oil prices surge past $100 after attacks close three key sea routes
by Leo Müllerby Leo MüllerOil crisis deepens as attacks on three chokepoints send Brent above $100 Oil crisis deepens as attacks on the Strait of Hormuz, Bab al‑Mandeb and the Black Sea lift Brent …
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Oil price surges to $100 as Red Sea tanker attacks raise supply fears Oil price spikes to $100 per barrel after Houthi strikes on tankers in the Red Sea; US …
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Politics
EU approves new sanctions package against Russia, extends 44-dollar oil price cap
by Hans Ottoby Hans OttoEU sanctions on Russia extended as member states prioritize economic concerns alongside security goals EU agrees new sanctions on Russia: extends $44 oil price cap for one year and targets …
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World
Iraq signs deals with US firms to rebuild Iraq‑Syria oil pipeline
by anna walterby anna walterIraq Signs 48 Deals with US Firms, Pushes to Rebuild Iraq-Syria Oil Pipeline Iraq’s Washington visit produced 48 commercial agreements with US companies, including plans to rehabilitate the Iraq-Syria oil …
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Technology
Applied Computing raises $20M to scale Orbital AI for oil and gas
by Helga Moritzby Helga MoritzApplied Computing raises $20M Series A to scale Orbital AI for oil, gas and petrochemicals Applied Computing raises $20M to scale Orbital, an AI model for oil, gas and petrochemical …
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World
Oil tanker struck by missile near Limah Oman after Qalhat attack
by anna walterby anna walterStrait of Hormuz tanker attack: Missile strikes oil tanker 13 nautical miles east of Limah, Oman Missile strikes an oil tanker near Limah, Oman in the Strait of Hormuz, UKMTO …
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US deploys seadrone in strikes on Iran; oil prices climb amid regional escalation US deploys seadrone in strikes on Iran; Centcom reports precision strikes on air defenses, radars, rocket and …