Middle East Oil Exports Top Pre-War Levels, but Prices Remain Above $100 a Barrel
Oil exports from Middle Eastern countries, excluding Iran, have exceeded pre-war levels, according to data from analytics firm Kpler.
Business
Increased ship traffic through the Strait of Hormuz reaches highest level since war began
Monday's ship traffic through the Strait of Hormuz was the most extensive since the war began, according to the analysis firm Kpler, with an increasing number of ships signaling their intention to pass through.
World
Trump says secret US operation supported oil tankers in Strait of Hormuz
U.S. President Donald Trump claims the U.S. military secretly helped oil tankers carrying more than 100 million barrels of oil pass through the blocked Strait of Hormuz.
Business
Chinese Oil Giants Halt Russian Oil Imports Amid US Sanctions
Four state-owned oil giants in China stop importing Russian oil, according to several sources for the news agency Reuters. The message comes the day after the USA announced that they are introducing sanctions against Russia's oil giants Rosneft and Lukoil.
BusinessTop news
Trump's Oil Sanctions Target Russian Companies to Pressure Putin
USA's president Donald Trump announced tonight that USA introduces sanctions against Russia's oil giants Rosneft and Lukoil. The measure is taken to put pressure on Vladimir Putin as part of the efforts to bring an end to the war in Ukraine.
Business