Oil News
Oil News brings together the latest updates, analysis, and market developments from across the global sector. Follow news on oil and gas, renewables, power, infrastructure, policy, investment, and energy transition developments shaping the region’s energy sector.
Shipowners On Edge for News on Hormuz as ‘Dark’ Oil Flows Swell
Shipowners are watching warily for a peace deal between the US and Iran and what it would mean for the Strait of Hormuz, with some tanker owners expressing caution, while others were already predicting a frantic free-for-all if the waterway opens in earnest.
US, Iran Edge Toward Interim Peace Deal to Reopen Hormuz
The US and Iran moved closer to an interim peace agreement meant to reopen the Strait of Hormuz and help end a war that has damaged the global economy and caused chaos in the Middle East, but conflicting messages from both sides have caused lingering uncertainty.
Iran’s Oil Lifeline Faces ‘Biggest Test Yet’ as China Steps Back
Iranian oil shipments to China, a resilient trade that’s survived years of US sanctions to provide a crucial economic lifeline to Tehran, is coming under huge strain from waning demand and an American blockade.
