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6 stories related to this topic, newest first.
swissinfo.chUS-Iran Talks Stall After Rejection of Strait of Hormuz Proposal
President Trump expressed dissatisfaction with Iran's latest proposal to reopen the Strait of Hormuz, which calls for lifting the U.S. blockade before addressing nuclear issues. The standoff has led to rising oil prices and canceled peace talks in Pakistan. Multiple sources repor…
Substrate placeholder — needs reviewFire Breaks Out at UK Base Used for US Operations in Iran War Amid Oil and Munitions Shifts
A fire erupted at RAF Fairford in Gloucestershire, a UK military base supporting U.S. Air Force operations against Iran, prompting warnings for nearby residents to close windows due to smoke. Meanwhile, U.S. crude oil exports have reached record levels amid the ongoing Iran war,…
Substrate placeholder — needs reviewChinese Domestic Travel Bookings Rise 8-10% for 2026 Labour Day Holiday Amid Fuel Price Surge
Domestic flight and package-tour bookings in China rose ahead of the May 2026 Labour Day holiday, rivaling or exceeding last year's levels despite elevated global fuel costs. Travelers favored shorter trips and rural destinations to manage expenses. Fuel prices surged following m…
Substrate placeholder — needs reviewChina Crude Imports Fell in March as Buyers Drew Down Stockpiles Amid Iran Disruption
China's crude oil imports declined 2.3% year-on-year in March 2026 to 49.98 million tons, reflecting a drawdown of inventories built up in 2025. Mercuria's chief executive said at a summit that China is likely to resume large-scale buying within weeks. First-quarter imports remai…
SemaforAlgeria Launches Oil and Gas Licensing Round to Attract Investors
Algeria has initiated a licensing round for oil and gas exploration to increase production. The government estimates the sites hold hundreds of millions of barrels of crude and large volumes of natural gas. The move occurs as energy companies seek projects outside conflict areas…
Substrate placeholder — needs reviewThree Oil Supertankers Cross Strait of Hormuz Amid War-Related Disruptions
Three oil supertankers transited the Strait of Hormuz on April 12, 2026, carrying approximately 6 million barrels of oil. The vessels, one Greek-owned and two Chinese-owned, followed new shipping lanes. This marks the largest single-day oil exit through the strait since a war hal…