Iran blocks 30 vessels in Strait of Hormuz as daily oil traffic collapses
Iran's armed forces have blocked 30 vessels from the Strait of Hormuz since August 22, and daily transits through the…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
US Crude Oil
live price
93.910
-1.71%
PetroChina posts 22% profit jump in H1 on higher energy prices
PetroChina posted a 22% jump in first-half profit as elevated global energy prices lifted earnings. Net profit reached 103.94 billion…
Iran Keeps Strait of Hormuz Closed as Khamenei Calls for Gulf Unity
Iran is keeping the Strait of Hormuz closed six months into its war with Israel and the United States, sustaining…
Ukrainian drone strike sparks fire at major Russian oil refinery in Kirishi
A Ukrainian drone strike set a fire at Russia's Kirishi oil refinery on the Baltic coast, part of a record…
Hormuz transit deal with Oman still hinges on US follow-through, Iranian official says
Iran says its temporary transit understanding with Oman over the Strait of Hormuz will only hold if the United States…
