Oil

IRGC tell ships passage through Strait of Hormuz 'not allowed'

Vessels in the Gulf reported receiving messages warning that no ships were allowed to pass the Strait of Hormuz, according to EU and UK agencies, though Iran has not confirmed any closure.

An Iranian military ship takes part in an annual drill in the coastal area of the Gulf of Oman and near the Strait of Hormuz, Iran, in this picture obtained on December 31, 2022
A VIEW of an oil facility in the Khark Island, on the shore of the Gulf, March 12, 2017.

Iran triples oil loading rate as tensions rise with US, oil accumulating offshore - WSJ

An illustration of oil rigs over a background of a Venezuelan flag.

Venezuela suspends 19 oil, gas production-sharing contracts signed under Maduro, sources say

Municipal workers remove debris next to damaged cars outside an apartment building hit by a Russian drone strike on Thursday, amid Russia's attack on Ukraine, in Kharkiv, Ukraine February 26, 2026

US, Ukraine discuss post-war reconstruction as Russia pummels grid


UK targets Russia's Transneft in new sanctions on fourth anniversary of Ukraine war

The sanctioning of Transneft, one of the world's largest pipeline firms, brings the number of people, companies, and ships sanctioned under Britain's Russia measures to more than 3,000.

British Prime Minister Keir Starmer delivers remarks at the top of the Cabinet meeting to mark the fourth anniversary of Russia's full-scale invasion of Ukraine at Downing Street on February 24, 2026 in London, England.

Cuban military, medical advisers leave Venezuela as US pressure mounts on Rodriguez

Venezuela’s Delcy Rodriguez faces US pressure to cut ties with Cuba, leading to the departure of Cuban security advisers and medical personnel from the country.

Venezuela's interim president Delcy Rodriguez and Cuban Foreign Minister, Bruno Rodriguez Padilla attend the ceremony "Promotions and Decorations for Heroes and Martyrs", honouring Venezuelan and Cuban military and security personnel who died during a US operation to capture Nicolas Maduro.

India seizes Iran-linked US-sanctioned tankers, steps up surveillance

India aims to prevent its waters from being used for ship-to-ship transfers that obscure the origin of oil cargoes, a source told Reuters.

Personnel onboard the Indian Navy's INS Shardul salute during the opening ceremony of the 5th Multilateral Naval Exercise Komodo 2025 off the coast of Indonesia's resort island of Bali on February 16, 2025.

US intercepts Iran-linked oil tanker en route from Caribbean to Indian Ocean

'The vessel tried to defy President [Donald] Trump’s quarantine, hoping to slip away,' a DoD statement read, adding, 'By land, air, or sea, we will find you and deliver justice.'

US troops are seen boarding an oil tanker breaching Washington's blockade on sanctioned vessels traveling to or from Venezuela, February 15, 2026.

Trump, Netanyahu agree to increase economic pressure on Iran, primarly targeting oil to China

If China decides not to source its oil from Iran, economic pressure on Tehran would increase significantly

US President Donald Trump shakes hands with Israeli Prime Minister Benjamin Netanyahu during a press conference at his Mar-a-Lago club on December 29, 2025 in Palm Beach, Florida.

Maduro still 'legitimate president' of Venezuela, acting leader Delcy Rodriguez tells NBC

Venezuela's Delcy Rodriguez defends Maduro as the rightful leader and signals diplomatic progress with the US, amid growing cooperation and oil sales.

Venezuela's interim President Delcy Rodriguez looks on following a meeting with US Energy Secretary Chris Wright at Miraflores Palace, Caracas, Venezuela, February 11, 2026.

US-led oil sales from Venezuela to bring in $5 billion in months, energy chief Wright tells NBC

Much of the oil is being refined in US refineries, and the administration of US President Donald Trump has handed over proceeds from the sales to Venezuela’s interim government, Chris Wright said.

US Energy Secretary Chris Wright speaks during the sixth meeting of the Transatlantic Energy Cooperation (P-TEC) in Athens, Greece, November 6, 2025. 

Iran’s poorly maintained ‘dark fleet’ poses major risk for oil spill in Mideast - Guardian

Five of the ships were aging, very large crude carriers capable of holding about 300,000 tons of oil, meaning a single accident could dwarf past disasters, the report noted.

 US military forces boarded the crude oil tanker Aquila II in the Indian Ocean after pursuing it from the Caribbean. The vessel was accused of breaching Washington's blockade on sanctioned vessels traveling to or from Venezuela. February 9, 2026.

Trump administration weighs seizing Iranian oil tankers to further pressure Tehran - WSJ

The move would put significant pressure on Iran’s main source of revenue, according to US officials, but “faces many obstacles,” including concerns regarding Iranian retaliation.

 US military forces boarded the crude oil tanker Aquila II in the Indian Ocean after pursuing it from the Caribbean. The vessel was accused of breaching Washington's blockade on sanctioned vessels traveling to or from Venezuela. February 9, 2026.

Venezuela sends first oil shipment to Israel in years in sign of relations improving - Bloomberg

Israel's Bazan Group will be responsible for transporting the cargo, according to the report, although authorities have not publicly disclosed this.

Oil tanker Bronco sits anchored in Lake Maracaibo, near the Bajo Grande crude port operated by state oil company PDVSA, in Maracaibo, Venezuela, February 9, 2026. (Ilustration)