Oil

US threatens to starve Iraq of its oil dollars over Iranian influence, sources say

The warning is the starkest example yet of US President Donald Trump's campaign to curb Iran-linked groups' influence in Iraq.

 A drone view shows the Zubair Oil Field in Basra, Iraq, January 16, 2025.
Flag of Azerbaijan

Israel's imports of Azerbaijani oil via Turkey jump despite Ankara's trade ban

 Soldiers from the Syrian Democratic Forces stand in front of the detainees before the first exchange operation between the Syrian Democratic Forces and the Syrian government in Aleppo, Syria, April 3, 2025.

Syria's government faces pivotal moment against SDF, as it retakes largest oil field - analysis

US President Donald Trump speaks at the Detroit Economic Club in Detroit, Michigan, US, January 13, 2026.

Trump, Venezuela's Rodriguez tout positive phone call, Trump finds Senate win


Trump to impose 25% tariff on countries that buy oil, gas from Venezuela

China, which has already been the subject of US tariffs, is the largest buyer of Venezuela's oil, the OPEC member's main export.

 US President Donald Trump in the Oval Office, February 2025.

Harvard study finds replacing butter with plant oils reduces mortality risk by up to 19%

A new long-term study conducted by Harvard University revealed a link between high butter consumption and increased mortality risk.

 Harvard study finds replacing butter with plant oils reduces mortality risk by up to 19%.

Iraq, Turkey talk on energy cooperation, oil exports, and trade ties

Talks in Baghdad focus on energy ties, oil exports, and water concerns.

A Kurdish oil tanker is seen off the coast of Ashkelon

Underwater excavation reveals 1100-year-old ship carrying olive oil from Gaza

Since the Bronze Age, for about 5,000 years, olives have been the indispensable food of sailors in the Mediterranean.

 Underwater excavation reveals 1100-year-old ship carrying olive oil from Gaza.

Trump considering plan to disrupt Iranian oil supply, stop ships at sea

John Bolton, the lead negotiator for the initiative when it was formed, told Reuters "it would be fully justified" to use the initiative to slow down Iran oil exports.

 Valve on an Iranian gas pipeline (illustrative)

Iran begins Turkmenistan-to-Turkey gas transit, boosting regional ties

Turkmenistan to supply Turkey with gas via Iran in a new strategic deal.

 Oil pump on background of flag of Iran.

Saudi Arabia’s state-owned oil company reports 12% drop in profits

The company attributed the decline to weaker oil prices, higher operating costs, and lower income from sales.

 General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia. January 12, 2024.

Norwegian fuel company refuses service to US forces after Trump-Zelensky blow up

Norway's Defense Minister Tore Sandvik later issued a statement assuring that the NATO country would continue to supply the US.

Activists from the environmental group Extinction Rebellion protest blocking parts of an oil terminal that is part of Norway's gas processing plant Kaarstoe, in Tysvaer, Norway August 24, 2024

Iran condemns new US shipping-related sanctions

The US Treasury said it was imposing new sanctions on a few individuals and tankers helping to ship millions of barrels of Iranian crude oil per year to China.

 The Iranian ship Khark at an undisclosed location in Iran, September 10,2020.

AANES ambassador to 'Post': 'Syria’s security needs Israel involved' - interview

Syrian Kurdish leader Ilham Ahmed says Israel must be part of the solution for Middle East security as tensions rise between the SDF and Islamist rulers in Damascus.

 AANES Kurdish fighters in Syria.