Topic
global-oil-markets
7 stories related to this topic, newest first.
activistpost.comfinance34 days ago
Strait of Hormuz Blockade Cuts Middle East Oil Supply by 782 Million Barrels
The Strait of Hormuz remains almost completely blocked amid the conflict involving the United States, Israel, and Iran. Kpler reported cumulative Middle East oil supply losses of 782 million barrels as of May 8, with losses projected to reach 1 billion barrels by the end of May.
upi.comworld43 days ago
Israeli Strikes Kill at Least 19 in Southern Lebanon as Both Sides Report Ceasefire Violations
At least seven people died in a strike on a building in Saksakiyeh housing families displaced from Jibshit, part of a wave of attacks that killed 19 across southern Lebanon on May 9, 2026. The strikes continued despite a U.S.-brokered ceasefire that took effect April 17. The Unit…
AJ
news.sky.compolitics45 days ago
Iran Appoints Mojtaba Khamenei as New Supreme Leader After Death of Ayatollah Ali Khamenei in U.S.-Israeli Strikes
Ayatollah Ali Khamenei died in the first wave of strikes on Feb. 28, 2026. President Trump declared regime change complete but later cited infighting as talks with Tehran stalled. Iran's parliament backed its negotiating team as power coalesced around the IRGC.
Al Jazeerapolitics49 days ago
Russia Launches Military Invasion of Ukraine
The ongoing U.S.-Israeli war in Iran has unexpectedly strengthened Ukraine's position in its conflict with Russia through new drone technology deals with Gulf states and strikes on Russian oil facilities. Despite higher oil prices aiding Russia's revenues, Ukrainian actions have…
YA
thesouthafrican.comfinance51 days agoUpdated
US Releases Guidance to Shippers on Strait of Hormuz Sanctions
The United States has issued a warning to shipping companies that paying tolls to transit the Strait of Hormuz could expose them to sanctions. This comes amid ongoing tensions with Iran and disruptions in global oil markets. Fuel shortages are expected to intensify over the summe…
DE
FI
LI
FI
JK
+2
middleeasteye.netfinance60 days ago
Iran's Revolutionary Guard Fires on Ships in Strait of Hormuz Amid Ceasefire Extension
Iran's Revolutionary Guard fired on multiple container ships in the Strait of Hormuz, damaging at least one and seizing others. President Trump extended a ceasefire with Iran indefinitely before a deadline expired. The incidents have disrupted shipping and raised tensions in the…
DI
ER
NA
+87
The War Zoneworld61 days ago
Pentagon Announces Boarding of Sanctioned Iranian-Linked Oil Tanker in Indian Ocean
U.S. forces conducted a maritime interdiction of the sanctioned oil tanker M/T Tifani in the Indian Ocean, marking the first such action outside the Middle East since Operation Epic Fury began. The operation is part of efforts to disrupt Iran's shipping network amid an expiring c…
BU