Oil

US clears Strait of Hormuz as 50,000 troops maintain blockade of Iran, CENTCOM chief says

Nearly 1500 vessels carrying roughly 750 million barrels of crude oil have transited the strait in the past months, Cooper said, adding that this was done with the protection of US forces.

US forces operating in the Strait of Hormuz, July 17, 2026.
Workers of Venezuelan state oil company PDVSA at a rig near Cabimas, Venezuela, January 27, 2026.; illustrative.

US, Venezuela negotiate deal for American access to Venezuelan oilfields

Lightning occurs when META 4, an Oil Products Tanker, sails into Muscat Anchorage on March 21, 2026 at Sultan Qaboos Port in Muscat, Oman.President Donald Trump had threatened to attack Iran's energy infrastructure if it did not end its de facto blockade of the Strait of Hormuz by March 23.

Iran’s Strait of Hormuz trump card is losing strategic value, expert tells 'Post' - interview

Azeris visit the Israeli embassy in Baku and lay wreaths in the afermmath of the October 7 massacre, in Baku, Azerbaijan, October 9, 2023

Israeli arms, Iranian drones, Turkish oil: Azerbaijan’s high-stakes balancing act


US halts Iran strikes 'for time being,' as focus shifts to economic sanctions, Rubio says - report

Operation Economic Outcast was announced on Monday by US Treasury Secretary Scott Bessent, following earlier threats of an "economic D-Day" against the regime.

US Secretary of State Marco Rubio speaks during a cabinet meeting at Camp David in Thurmont, Maryland, US, July 31, 2026.

Several oil companies to avoid using ships on Iran's blacklist over security concerns, sources say

"We will avoid our chartered vessels dealing in STS or anything to do with non-compliant ships for Middle Eastern cargoes," said one of the sources, who works at an Indian refinery.

Drone view of oil tanker HELGA berthed at one of Iraq's southern offshore oil terminals near Basra as it prepares to load crude oil, becoming the second vessel to arrive since the closure of the Strait of Hormuz, April 24, 2026.

Lego sales rise as World Cup products draw new customers, despite Iran war raising cost of plastics

Lego's revenue was 41.9 billion Danish crowns ($6.54 billion), operating profit rose 22% to 10.9 billion Danish crowns, while net profit rose 32% to 8.6 billion Danish crowns.

Fans take pictures with a Lego World Cup trophy as they attend a watch party for the France vs Spain FIFA World Cup Semifinal match at Rockefeller Center on July 14, 2026 in New York City.

Strait of Hormuz traffic plunges as Iran, US blockades restrict energy shipments

A total of 89 vessels exited the strait while 103 entered over the seven-day period, the report, based on Automatic Identification System (AIS) data, showed.

A drone view shows vessels in the Strait of Hormuz, as seen from Musandam, Oman, June 15, 2026.

Iran made billions of dollars, bypassed sanctions amid US blockade, top official Rezaee claims

"In the past month or two, we sold seventy million barrels of oil," he said. "Now every day we sell oil to American ships on that side, as much as we produce."

An Iranian flag flutters in the wind as ships remain anchored in the Strait of Hormuz on May 16. Negotiations between the US and Iran over opening this critical waterway have largely stalled.

Iran grants permission for a number of Iraqi oil tankers to pass through Strait of Hormuz

Iraqi President Nizar Amedi said that Iran had facilitated the passage of vessels carrying Iraqi oil through the Strait in recent days, and Baghdad had discussed the export of Iraqi oil with Tehran.

Drone view of oil tanker HELGA berthed at one of Iraq's southern offshore oil terminals near Basra as it prepares to load crude oil, becoming the second vessel to arrive since the closure of the Strait of Hormuz, April 24, 2026.

Oil tankers going dark to evade Iranian attacks raises major oil spill risk in Gulf - report

Three separate oil spills are already spreading through the Persian Gulf and the Gulf of Oman, putting multiple ecosystems at risk.

This photograph obtained from Iran's ISNA news agency on August 13, 2026 shows an oil slick along the southern coast of Qeshm Island, Iran, August 13, 2026.

NATO members discuss Strait of Hormuz options without alliance involvement

NATO countries have sought to ease the Iran conflict indirectly, focusing on plans outside the alliance to reopen the waterway.

Vessels near the Strait of Hormuz, as seen from Musandam, Oman, August 17, 2026.

Iran linked oil tanker falls victim to Somali piracy surge

The Eritrea-flagged Sibu 1 was at least the 13th vessel attacked this year off the coast of Somalia or in the Gulf of Aden, which links Somalia and Yemen.

Oil tankers pass through the Strait of Hormuz, December 21, 2018.

Iranian oil supplies to China tighten as US blockade cuts Tehran's crude exports

Trade sources say Iranian crude offers to China have declined and prices have risen as Washington's blockade disrupts Tehran's oil shipments.

 Iranian flag with stock graph and an oil pump jack miniature model are seen in this illustration taken October 9, 2023.