oil exports
22 stories related to this topic, newest first.
rediff.comPort of Corpus Christi Becomes Largest U.S. Crude Oil Export Hub
The Port of Corpus Christi now exports more than 2 million barrels of crude oil per day. The increase followed the 2015 lifting of the federal crude export ban. Pipeline capacity is cited as the next potential limit on further growth.
al-monitor.comIran Says Strait of Hormuz Transit Will Resume After Conflict Ends
Iran stated that shipping through the Strait of Hormuz will return to normal once the current conflict with the U.S. and Israel concludes. Officials from multiple countries discussed reopening the waterway but reported no immediate agreement on terms.
al-monitor.comIraq Holds Talks With IMF on Financial Support
Iraqi officials approached the International Monetary Fund last month for financial help following the U.S.-Israeli bombing campaign against Iran that began Feb. 28 and led to the closure of the Strait of Hormuz. The move comes as most of Iraq's oil exports, which account for nea…
ibtimes.co.ukChina Fuel Exports Remain Low Despite Eased Restrictions
Shipments of Chinese gasoline, diesel and jet fuel in May stand at nearly half the volumes seen before the Iran war, according to data cited by the Financial Times. The figures come despite China's decision to ease earlier export bans imposed after the closure of the Strait of Ho…
nbcnews.comTrump Administration Approves Permits for Pipeline Projects to Move Canadian Oil
The Trump administration issued cross-border permits in April for projects that would revive elements of the Keystone XL pipeline and expand capacity on the Dakota Access Pipeline system. The initiatives use existing infrastructure to transport Canadian crude to U.S. refineries.…
No Supertanker Loadings Detected at Iran's Kharg Island for Several Days
Satellite imagery from CopernicusEU detected no supertanker activity at Iran's Kharg Island terminal on May 8, 9 and 11, 2026. No data exists for May 10. The pause marks the longest stretch without loadings since the early days of the war.
nypost.comU.S. Forces Strike Three Iranian-Linked Tankers in Gulf of Oman
U.S. Navy F/A-18 Super Hornets disabled two tankers by firing precision munitions into their smokestacks and a third by shooting its rudder on Friday. The action came after Iran targeted three U.S. warships and seized a sanctioned tanker. As of Friday evening, Washington awaited…
japantoday.comU.S. and Japan Commit $2.1 Billion to Finance Texas GulfLink Deepwater Oil Export Terminal
The Japan-U.S. strategic investment agreement will cover the full originally announced cost of the Texas GulfLink project, which has been in development for nearly a decade. Construction is expected to begin imminently on the terminal 30 miles offshore, connected by pipeline from…
SemaforVenezuela's Oil Production and Exports Hit Highest Levels Since 2018
Venezuela's oil exports have hit their highest level since 2018 following a surge in crude production. This development comes after the U.S. captured former President Nicolás Maduro and installed a new leader open to private investment. Exports to India have risen considerably, i…
upi.comIran's Economic Difficulties Could Influence Negotiations with US
Iran's economy faces challenges from war damages, inflation, currency devaluation, unemployment, and reduced oil revenues. These issues may affect the country's stance in negotiations with the US. Estimates indicate significant economic impacts, including potential increases in p…
South China Morning PostNigeria's Dangote Refinery Supplies Fuel Across Africa Amid Middle East Energy Disruptions
A major oil refinery in Lagos, Nigeria, is operating at full capacity and exporting refined petroleum products to multiple African countries. The facility, built with Chinese contractors, has helped address fuel shortages caused by tensions in the Middle East. Nigeria has become…
france24.comUkrainian Drone Strikes Russian Oil Terminal at Primorsk
Multiple fires were detected at the Port of Primorsk in Russia, the country's largest Baltic oil export terminal. The fires occurred shortly after drones targeted the area. NASA's FIRMS system identified the fires this morning.
rediff.comIran Reports 50% Inflation, 2 Million Job Losses After US Strait of Hormuz Blockade
Iran's official annual inflation has reached 50% following a ceasefire, with the rial at a record low and widespread job losses. The US naval blockade continues to halt oil exports and imports. Reconstruction costs near $270 billion as the economy faces severe strain.
theweek.comEU Satellite Imagery Reveals Oil Loading Activity at Iran's Kharg Island on April 26
Satellite imagery from the Copernicus EU program captured Iran loading oil into tankers at Kharg Island on April 26, 2026. Social media posts citing the data questioned the effectiveness of an apparent blockade and noted that Tehran is not nearing storage depletion. Kharg Island…
Substrate placeholder — needs reviewNigeria Becomes Net Gasoline Exporter Driven by Dangote Refinery Output
Nigeria transitioned to a net exporter of gasoline in March 2026, with exports reaching 55,000 barrels per day and imports dropping to 40,000 barrels per day. This shift is attributed to the Dangote refinery operating near its full capacity of 650,000 barrels per day.
Substrate placeholder — needs reviewIran Set to Export 1 Million Barrels of Oil Per Day in April Despite Blockade
Iran is on track to export approximately one million barrels of oil per day in April, according to a report. This figure represents half of its March exports. The exports continue despite an ongoing blockade.
Ministry of Culture and Information Policy of Ukraine / Wikimedia (CC BY 4.0)Russian Oil Exports Decline Following Ukrainian Strikes on Ports and Refineries
Ukrainian strikes on Russian energy infrastructure have led to reduced oil exports and production cuts. Sources indicate significant revenue losses for Russia despite a U.S. sanctions waiver. The attacks targeted multiple facilities, impacting transhipments and refinery operation…
Substrate placeholder — needs reviewRecord Number of Oil Tankers Head to US Gulf Coast for Loading
Shipping data indicates 171 crude oil tankers are en route to the US Gulf Coast, exceeding the typical monthly figure of 110. This increase occurs amid global energy supply challenges in Europe and Asia. US crude exports are projected to rise to 5.2 million barrels per day in Apr…
Substrate placeholder — needs reviewKazakh Oil Exports from Russian Black Sea Port Set to Match Record Amid Strait of Hormuz Tensions
Exports of mostly Kazakh oil from a port on Russia’s Black Sea coast are projected to reach a record level next month. This development provides relief to European refiners facing supply challenges due to tensions in the Strait of Hormuz. The increase helps address disruptions in…
Substrate placeholder — needs reviewIran's Economy Faces Strain from Ongoing War and Sanctions
Iran's economy has deteriorated further due to the war with the U.S. and Israel, with infrastructure damage and rising prices reported. The rial has declined against the dollar, and inflation has increased significantly. Officials have expressed concerns about payroll and governa…
thehindubusinessline.comOil Tanker Moors at Novorossiysk After Halt in Loadings Due to Attacks
Ship tracking data shows an oil tanker has moored at the Russian Black Sea port of Novorossiysk following several days of halted oil loadings. The halt resulted from attacks on the facility. This development occurs amid ongoing regional tensions affecting energy infrastructure.
Substrate placeholder — needs reviewOil Export Declines Reported for Iraq, Kuwait, and Qatar Amid Gulf Tensions
Data from Kpler indicates significant drops in oil exports from Iraq, Kuwait, and Qatar. Iraq's exports fell 82 percent, Kuwait's by 75 percent, and Qatar's by 70 percent. These countries rely on Gulf shipping routes without pipeline alternatives.