Please ensure Javascript is enabled for purposes of website accessibility

oil exports

Tugboats guide a crude oil tanker passing through the Strait of Hormuz with its Automatic Identification System transponder turned off, as it navigates the waters at Daesan port, in Seosan, South Korea, May 8, 2026. REUTERS/Kim Soo-hyeon/File Photo
May 11, 2026

Oil prices rise $2 as US-Iran talks hit impasse

Oil prices rose more than $2 as US-iran talks stall and the strait of hormuz remains largely closed, impacting global oil supply and markets.

A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo
Apr 13, 2026

Oil jumps nearly 8% to above $102 ahead of US blockade on Iran

Oil prices surged above $102 a barrel as the U.S. Navy announced a blockade on ships to and from Iran, impacting global oil exports and market dynamics.

FILE PHOTO: Crude oil drips from a valve at an oil well operated by Venezuela's state oil company PDVSA, in the oil rich Orinoco belt, near Morichal at the state of Monagas April 16, 2015. REUTERS/Carlos Garcia Rawlins/File Photo
Jan 7, 2026

Oil sales from Venezuela to continue indefinitely, sanctions will be reduced, CNBC reports

U.S. to buy Venezuelan oil indefinitely and roll back sanctions under new deal, beginning with more than 50 million barrels, CNBC reports.

YOUR NEWS.
YOUR INBOX.
DAILY.

By subscribing you agree to our Privacy Policy.