Arabian Gulf oil flows have remained steady at nearly 14 million barrels per day despite escalating…
Tag: oil
Kuwait reports Iranian strike on oil facility, injuries
Kuwait reported that an Iranian strike targeted one of its key oil facilities, resulting in injuries…
Burnham to unveil North Sea drilling plans as PM Monday
Andy Burnham is set to announce plans for new oil and gas drilling in the North…
Iraq Revives Syria Oil Pipeline Amid Strait of Hormuz
Iraq is moving to revive a long-dormant oil pipeline to Syria as tensions rise over Iran's…
Iraq, Syria to Revive Oil Pipeline to Bypass Hormuz
Iraq and Syria have agreed to revive an oil pipeline that has been inactive since 2003.…
Iran Claims Tankers Hit by Mines as US Strikes Continue
Iran's Islamic Revolutionary Guards Corps (IRGC) reported that several tankers were damaged by mines in the…
Oil prices rise amid US-Iran hostilities and shipping fears
Oil prices surged on Friday, July 17, as renewed hostilities between the United States and Iran…
US Strikes Iranian Bridges Amid Escalating Gulf Tensions
The United States conducted airstrikes on bridges in Iran on Friday, escalating tensions in the region…
Crude Prices Surge 10% Following Trump’s Iran Deal Remarks
Crude oil prices rose approximately 10% to over $80 per barrel after President Donald Trump announced…
Latin American Oil Exporters Benefit Amid Iran War Crisis
Latin American oil exporters are experiencing significant economic benefits amid disruptions in the Strait of Hormuz…