Oil

Will Iraq finally help protect Kurdistan's oil fields from drone attacks? - analysis

For Iraq, it doesn’t seem to matter if the Kurdistan Region is attacked, because then the region can’t sell oil or provide itself with gas for electricity.

Members of the Kurdistan Democratic Party of Iran (KDPI) participate in a military drill in an outpost near Erbil, Kurdistan region of Iraq on January 15, 2026.
Rafael Mariano Grossi, candidate for the position of the next Secretary-General, speaks during a dialogue with delegations while candidates for the position of new United Nations Secretary General are interviewed at U.N. headquarters in New York City, U.S., April 21, 2026.

IAEA chief, Trump says Iran agreed to nuclear inspections, Tehran denies deal - report

A vendor pumps petrol from Iranian fuel oil tankers for resale near the Bashmagh border crossing on March 11, 2026.

'Cold cost-benefit calculation': Washington greenlights Tehran’s oil transactions under MoU

A VIEW of an oil facility in the Khark Island, on the shore of the Gulf, March 12, 2017.

US authorizes Iranian oil sales amid talks on final peace deal


Iran's Hormuz strait rules include enforcing penalties, revoking permissions if ships do not comply

The United States has not confirmed the number of mines laid by Iran, though a Whitehouse official confirmed to CNBC earlier this month that more than 40 minelaying vessels had been destroyed.

Iran's Foreign Minister Abbas Araghchi on the day he addresses a special session of the Conference on Disarmament at the United Nations, aside of US-Iran talks in Geneva, Switzerland, February 17, 2026.

Explosion at Qatar's Ras Laffan gas facility kills 13, injures 66

An incident during the start-up of operations at Ras Laffan Industrial City resulted in an explosion at the Barzan local gas supply facility on Sunday evening, QatarEnergy said in a statement.

QatarEnergy's liquefied natural gas (LNG) production facilities, amid the U.S.-Israeli conflict with Iran, in Ras Laffan Industrial City, Qatar March 2, 2026.

Ship traffic plunges after Iran re-closes Strait of Hormuz following Israeli strikes on Lebanon

Five vessels passed the strait on Sunday, from 26 ships spotted a day earlier, data from analytics firm Kpler showed.

Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 16, 2026.

Trump demands Iran stop Hezbollah from 'causing trouble,' threatens new strikes

"If they don’t, we’ll hit Iran very hard again," he added.

US President Donald Trump speaks next to Defense Secretary Pete Hegseth during a cabinet meeting in the Cabinet Room at the White House, in Washington, DC, US, May 27, 2026.

Middle East reroutes its energy networks as region navigates shifting sands - analysis

Investments in new pipelines and energy products will be a key feature in the new regional order.

Gas flares burn at the Rumaila oil field during an armed patrol by Iraqi Energy Police in Basra, Iraq, June 8, 2026.

Syrian Petroleum Company signs new gas deal with US energy companies ConocoPhillips and Novaterra

The state media report added that the agreement was signed at the Ministry of Energy headquarters in Damascus.

Conoco gas plant after it came under the control of the Syrian government following the withdrawal of the US-backed Syrian Democratic Forces (SDF), in the countryside of Deir al-Zor, Syria, January 19, 2026.

Iran will be allowed to sell oil immediately under Trump's new MoU - report

According to the Journal’s report, the same provision allows for Iran to utilize banking, transportation, and insurance services to facilitate the sales.

An oil tanker docked at the Port of Fujairah, as the US-Israel conflict with Iran limits marine traffic in the Strait of Hormuz, in Fujairah, United Arab Emirates, May 6, 2026.

Israel cannot applaud an Iran deal that leaves key threats intact - editorial

For Israel, the success of any US-Iran deal will be measured not by headlines or market reactions, but by whether Tehran’s ability to threaten its neighbors is reduced.

Iranians walk past an anti-Israeli billboard carrying the sentence reading in Farsi, "Israel would not see the next 15 years" erected on the side of a building in Palestine Square in Tehran, on May 28, 2026.

Scouring Strait of Hormuz for mines could take weeks, delaying return to normal shipping

That could potentially hold up tens of millions of barrels of oil, in addition to the oil supply from the Gulf already blocked since the United States and Israel attacked Iran on February 28.

Gambia-flagged tanker vessel Bili is pictured anchored in the Strait of Hormuz off Bandar Abbas in southern Iran, May 2, 2026.

Shippers remain cautious on Strait of Hormuz transit after US, Iran agree on deal

Shippers have welcomed the news of the deal but are still waiting for more details, including mine clearance in the strait.

Vessels are anchored in the Strait of Hormuz, as seen from Musandam, Oman, June 10, 2026.