Iraq Selling Oil to Abu Dhabi to Shuttle Through the Strait of Hormuz Cloaked
Iraq’s state oil marketer SOMO has confirmed that Abu Dhabi National Oil Company (ADNOC) is among the buyers…
Oil Prices Rise as Iran Hardens Hormuz Demands
Crude oil prices began this week with a gain following a statement by Iran setting six demands for…
Middle Eastern Nations Accelerate Oil Export Route Diversification | Ratopati
Dubai. Before the war with Iran, about 15 million barrels of crude oil per day used to reach…
Trump throws newly signed Saudi nuclear deal into doubt with Israel recognition demand
The White House threw a US-Saudi Arabia nuclear deal into question on Thursday, a day after it was…
Iran war: Houthis claim Red Sea attacks on Saudi tankers, raising risk of new chokepoint
The Iranian-aligned Houthis on Thursday claimed military strikes on two Saudi oil tankers as part of a naval…
South Korea Bets on Red Sea Route as Hormuz Disruptions Persist
Since the Iran war disrupted shipments through the Strait of Hormuz in early March, South Korea has been…
Iraq Suspends Crude Loading at All Export Terminals, Impacting ~4 Million Barrels per Day – Incident at Basra Terminals in the Persian Gulf, Not a Strait of Hormuz Closure
Iraq has suspended crude oil loading operations at all its southern export terminals following a drone incident at…
Saudi Arabia Eyes Major Red Sea Pipeline Expansion to Bypass Hormuz
Saudi Arabia is looking beyond the Strait of Hormuz. The kingdom is considering expanding the capacity of its…
Gulf Producers Take First Steps Toward Resuming Hormuz Oil Flows
The biggest oil producers in the Middle East are asking their Asian customers to submit cargo loading nominations…
Saudi Pipeline to Bypass Hormuz Hits 7 Million Barrel Goal
(Bloomberg) — Saudi Arabia’s crucial East-West pipeline that circumvents the Strait of Hormuz is pumping oil at its…
Iran strikes Gulf energy sites as Brent crude jumps
Kuwait said Friday its Mina Al-Ahmadi oil refinery again came under attack by Iranian drones, which sparked a…
Iran strikes Gulf energy sites as Brent crude jumps
Iran intensified its attacks on oil and gas facilities around the Gulf on Thursday, dramatically raising the stakes…