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South Korean oil tanker passing via Hormuz in coordination with Iran: Foreign minister

- It is 1st such tanker, of total 26 stuck in Middle East waters, to pass critical waterway since Israel, US initiated war on Iran on Feb. 28

12:13 General

Russia, China sign 20 documents spanning economy, energy, transport, global cooperation

- Shift to national currencies protects Russia-China trade from global market volatility, Russian president says

12:11 General

US Treasury issues temporary 30-day general license to provide access to Russian oil

- 'This extension will provide additional flexibility, and we will work with these nations to provide specific licenses as needed,' says Secretary Bessent

19.05.2026 Oil

Iran announces new body to manage Strait of Hormuz

-Tehran says new authority will provide operational updates and developments related to strategic waterway

18.05.2026 General

US energy chief says Hormuz could reopen by end of summer

- Agreement with Iran could emerge ‘in next few days,’ Chris Wright says, but warns US military could reopen Strait of Hormuz by force if Tehran continues blocking traffic

16.05.2026 Energy Diplomacy

UAE’s West-East 1 Pipeline to double export capacity via Fujairah, bypassing Hormuz

- Project expected to become operational in 2027, boosting ADNOC’s export capacity from Gulf of Oman hub outside Strait of Hormuz

15.05.2026 Oil

Norway’s oil exports hit record high in April amid Strait of Hormuz blockade

- Crude oil exports surge 86% year-on-year to record $6.5B, official data shows

15.05.2026 Oil

India raises fuel prices for first time in more than 4 years amid Mideast energy shock

- Move comes after Prime Minister Modi urged people to reduce fuel consumption through steps such as working from home

15.05.2026 Oil

India-bound LPG carriers add to rise in Hormuz transits despite restrictions

- 2 vessels cross Strait of Hormuz, bringing number of large oil, fuel, gas ships exiting since Sunday to 9

14.05.2026 Oil

Cuba is out of fuel oil and diesel, energy minister says amid US oil blockade

- 'We have no fuel oil, no diesel,' says Vicente de La O Levy

14.05.2026 General

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China-linked vessels transit Strait of Hormuz via Iran's 'safe' corridor as Trump visits China

- At least 4 China-linked ships, including crude tanker Yuan Hua Hu, passed through strategic waterway in last 24 hours, MarineTraffic data shows

14.05.2026 General

US crude oil inventories down 0.9% in week ending May 8

- Daily crude oil production rises to around 13.71 million barrels per day

13.05.2026 Oil

Iran war has cost Americans more than $37.3B in fuel price increases: Study

- Majority of additional costs – $20.41 billion – have been paid for petroleum while diesel accounts for nearly $17 billion, according to Brown University's Iran War Energy Cost Tracker

12.05.2026 Oil

Putin says Moscow 'will do everything' to meet Slovakia's energy needs

- Russian president, Slovakian premier discuss cooperation in meeting at Kremlin

10.05.2026 General

US removes Russian-linked oil tanker from sanctions blacklist

- Vietnam-flagged vessel Astra had been designated under Russia-related executive orders

09.05.2026 Oil

UAE, France, India discuss cooperation in AI, nuclear energy in Abu Dhabi meeting

- Emirates Minister of State for International Cooperation chairs trilateral meeting, with French Secretary-General for Europe, Foreign Affairs, Indian Foreign Secretary

09.05.2026 Energy Diplomacy