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oil infrastructure

U.S. Vice President JD Vance attends a press conference with Hungarian Prime Minister Viktor Orban, at the former Carmelite Monastery in Budapest, Hungary, April 7, 2026. REUTERS/Jonathan Ernst/Pool
Apr 7, 2026

US hits military targets on Iran’s Kharg Island, Vance says no change to strategy

BUDAPEST/WASHINGTON, April 7 (Reuters) – U.S. strikes on Iran‘s Kharg Island do not represent a change in American strategy, U.S. Vice President JD Vance said on Tuesday as a U.S. official separately told Reuters the additional strikes on military targets did not impact oil infrastructure. The official, who spoke to Reuters on condition of anonymity, […]

A drone view of a pump jack and drilling rig south of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman/File Photo
Mar 13, 2026

Oil prices dip as Indian tanker sails out of Strait of Hormuz

Oil prices fell as an Indian tanker passed through the Strait of Hormuz and the U.S. issued measures to ease supply concerns amid Middle East conflict disruptions.

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