Oil prices surged to more than $119 a barrel on Monday, hitting levels not seen since mid-2022, as some major producers cut supplies and fears… Weiterlesen »Oil Prices Hit Highest Since 2022 at More Than $119 a Barrel on Iran War

Just nine months before a full European Union ban on Russian liquefied natural gas (LNG) is scheduled to take effect, EU buyers purchased every cargo… Weiterlesen »EU Buys 100% of Russian Arctic LNG Just 9 Months Before Planned Gas Ban

By Katharine Jackson and Curtis Williams WASHINGTON, March 8 (Reuters) – Trump administration officials on Sunday defended a decision to temporarily lift some sanctions on Russianoil and predicted… Weiterlesen »US Defends Waiver On Russian Oil Sanctions

By Arsalan Shahla, Josh Wingrove and Omar Tamo Mar 8, 2026(Bloomberg) —Iran picked a new supreme leader and kept up attacks on the ninth day of… Weiterlesen »Iran Picks New Leader As Escalating War Deepens Oil Shock

Cleanup operations are continuing in the Gulf of Mexico near Grand Isle, Louisiana, after a crude oil spill linked to the Louisiana Offshore Oil Port (LOOP) prompted a… Weiterlesen »Crude Oil Spill Draws Large Response at Nation’s Only Deepwater VLCC Port

TOKYO, March 8 (Reuters) – A senior Japanese parliament member said on Sunday that the government instructed a national oil reserve storage site to prepare for a… Weiterlesen »Tokyo Prepared To Release Oil Reserve Amid Iran Crisis

By Humeyra Pamuk WASHINGTON, March 6 (Reuters) – The United States is pressing Sri Lanka’s government not to repatriate the survivors from the Iranian warship it sank… Weiterlesen »US Pressing Sri Lanka Not To Repatriate Iranian Crew From Sunken Ship

By Daniel Flatley Mar 7, 2026(Bloomberg) –Treasury Secretary Scott Bessent said the US may lift sanctions on further Russian oil supply after a move Thursday to… Weiterlesen »US May ‘Unsanction’ More Russia Oil Post India Move

March 7 (Reuters) – Kuwait has implemented a precautionary reduction in crude oil production and refining throughput after the ongoing attacks by Iran against the country and… Weiterlesen »Kuwait Declares Force Majeure Due To Middle East Conflict

By Serene Cheong Mar 7, 2026 (Bloomberg) –Another bulk carrier signaled it was Chinese-owned as it sailed through the Strait of Hormuz, the narrow waterway at… Weiterlesen »Second Bulk Carrier Claiming To Be Chinese Passes Through Hormuz