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Tanker Attacks in the Strait of Hormuz Threaten Oil Exports
Rising risks from Iran-linked attacks have sharply increased freight, insurance and security costs, even as crude shipments from the Gulf continue.
G7 to Release 100 Million Barrels of Oil and Diesel
The move, aimed at easing supply worries and rising fuel prices, includes a significant diesel release in the first 20 days.
G7 Agrees to Release 100 Million Barrels of Oil and Diesel
Members will begin a coordinated reserve release over the next four months to help curb rising fuel costs, with diesel prioritized in the first phase.
Crude Oil Flow Through Hormuz Recovers, Fuel Shipments Lag
Kpler data show crude flows through the Strait of Hormuz have returned to pre-war levels, while shortages in refined products continue to fuel a global fuel crunch.
Trump’s Venezuela oil deal won’t quickly cut gas prices
Although the U.S. says it has secured majority control over a 65 billion-barrel reserve, experts say higher production will take years.
US-Venezuela Oil Deal Spurs Debate Over Market Impact
Washington's long-term accord with Caracas aims to lift output across 17 fields, but investors are flagging legal and technical risks.