Crude oil price rises as Houthis intensify attacks on Saudi Arabia
December Brent oil futures were at $110.83, up by 1.85%, and December crude oil futures on WTI (West Texas Intermediate) were at $98.63, up by 1.52%
Oil Prices Slip as Trump-Putin Diesel Deal Raises Supply Hopes
Per the latest data from Kpler, the seven-day moving average in the waterway has fallen to just 8.5 million barrels daily, from an estimated 20 million barrels daily in the previous week.
Iran says two tankers catch fire after hitting mines in Strait of Hormuz
The vessels, each carrying about two million barrels of crude oil, used an unauthorised route, the IRGC says.
QatarEnergy reveals steep fall in profit and revenue
Revenue declined 35 percent to QAR87 billion in the first half.
Oil Futures Fall for Third Day on Easing Supply Concerns
Brent crude fell 0.9% to $103.87 a barrel, and WTI settled down 1.6% at $100.30 a barrel
Qatar, Iran gas field disruptions threaten LNG supply, Wood Mackenzie says
Strikes on Qatar’s North Field and Iran’s South Pars have disrupted operations across the world’s largest gas resource, with about 4.5 Bcfd of Qatari gas-processing capacity affected and repairs potentially taking up to a year
Gulf States Mull Hormuz Talks with Iran
Oman is aiming to get foreign ministers from the Gulf Cooperation Council and Iran together on Monday in Salalah
Iranian forces target US naval drone attempting to enter Strait of Hormuz
It comes after the US military announced that it had struck three Iranian oil tankers in response to what it said were ballistic missile strikes launched by the IRGC against two navy warships.
U.S. says it hit 3 Iranian oil tankers, including one near Kharg Island
U.S. Central Command said the strikes were in response to Iranian attacks on U.S. Navy warships.
Iranian tanker sinks in Gulf of Oman after US strike, Centcom says
US forces sink Iranian tanker MT Kylo in the Gulf of Oman, sparking geopolitical tension and raising concerns over oil market stability.
US and Iran trade retaliatory attacks on ships as conflict flares
US and Iran exchange retaliatory ship attacks in the Gulf, raising stakes for maritime security, oil markets, and regional stability amid escalating tensions.
Iran condemns US attacks on oil tankers as violation of international law
Iran denounces US attacks on its oil tankers as illegal, warning of heightened tensions and potential disruptions to global oil shipping.
