Summary US to start blockading vessels later on Monday from reaching Iranian ports Two Pakistani tankers enter the Gulf on Sunday Malta-flagged tanker makes U-turn at Hormuz (Reuters) – Oil tankers are steering clear of the Strait of Hormuz ahead of a U.S. blockade later on Monday following failed peace talks between the U.S. and …
Oil Tankers Steer Clear of Hormuz Ahead of US Blockade Read More »
Summary Trump announces US naval blockade of Strait of Hormuz Democratic senator questions Trump’s strategy Trump’s approval rating slumping since war on Iran began MIAMI, April 12 (Reuters) – U.S. President Donald Trump said on Sunday that the price of oil and gasoline may remain high through November’s midterm elections, a rare acknowledgement of the potential political …
Trump Says Gas Prices May Remain High Through November Midterm Election Read More »
Iran’s Revolutionary Guards said on Sunday that any military vessels attempting to approach the Strait of Hormuz will be considered a violation of the two-week U.S. ceasefire and be dealt with harshly and decisively. The strait is under the control and ‘smart management’ of Iran’s Navy, the Guards said in a statement reported by …
Iran’s Guards Will View Military Vessels Approaching Strait as Ceasefire Breach Read More »
Iran aims to restore majority of refining capability within two months, oil ministry official says Iran expects to restore most damaged refining and distribution facilities to 70–80% of their pre-attack capacity within one to two months, a senior oil official said, as authorities work to recover from a wave of strikes on energy infrastructure. Deputy …
President Donald Trump on Sunday said the U.S. Navy would immediately start blockading the Strait of Hormuz and would also interdict every vessel in international waters that had paid a toll to Iran. Trump made his remarks in a Truth Social post hours after U.S-.Iran peace talks ended without a deal. Trump said the meeting …
Trump Says US to Start Blockading the Strait of Hormuz Immediately Read More »
Saudi Arabia has restored full oil pumping capacity through the East-West pipelineto about seven million barrels per day, it said on Sunday, days after providing an assessment of damage on its energy sector from attacks during the Iran conflict. The ministry said energy facilities and the pipeline affected by attacks during the conflict have recovered …
Summary Iran peace talks yield no agreement Trump vows to blockade Strait of Hormuz Military vessels approaching strait to be viewed as ceasefire breach – Iran’s Guards SINGAPORE, April 13 (Reuters) – Oil prices jumped above $100 a barrel on Monday as the U.S. Navy prepared a blockade of the Strait of Hormuz that could …
Oil Jumps 8% to Above $100 Ahead of US Blockade on Strait of Hormuz Read More »
(Reuters) – Vice President JD Vance said on Friday he was looking forward to having positive negotiations with Iran as he left for talks in Pakistan with a warning to Tehran not to “play us.” “We’re looking forward to the negotiation. I think it’s going to be positive,” Vance told reporters before leaving Washington. “As …
Vance Warns Iran Not to “Play Us” as He Prepares for Talks Read More »
(Reuters) – The U.S. Department of Energy said on Friday it had loaned 8.48 million barrels of crude oil from the Strategic Petroleum Reserve to four oil companies, the second allotment under the Trump administration’s effort to curb fuel prices that have surged during the U.S.-Israeli war on Iran. The companies that have been awarded …
US Loans 8.5 Million Barrels of SPR Oil in Second Batch Since Iran War Read More »
By Siddharth Cavale Attacks have cut Saudi oil output by 600,000 bpd, state news agency says Shipping at near-standstill in Strait of Hormuz Brent down 12.7%, WTI down 13.4% this week Russia’s crude exports from western ports has increased Baker Hughes says U.S. rig count down 7% NEW YORK, April 10 (Reuters) – Oil futures …
Oil Ends Lower Ahead of U.S.-Iran Ceasefire Talks, Posts Steepest Weekly Loss Since 2022 Read More »
