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


UK sanctions Iranian oil magnate accused of destabilization activities

Following suspicions of participating in "destabilization activities," multiple sanctions have been launched against Iranian oil magnate and associated entities.

 On March 12, 2017, a view of an Iranian oil facility on Khark Island in the Persian Gulf

Once and for all: Is sunflower oil dangerous for you?

Recently, more and more questions have arisen about sunflower oil. Is it really unhealthy for you, and what does it contain?

Dangerous or not?

Bazan enters oil production market with $100m. investment in US firm

Israeli energy group Bazan buys 52% stake in US oil firm Cantium, marking its strategic entry into upstream operations.

Bazan Chairman Moshe Kaplinsky

Ancient oil lamps reveal hidden Jewish legacy of Spanish church

Archeologists suggested that, if confirmed as a synagogue, it could be among the oldest known in Spain, possibly the earliest.

Ancient oil lamps reveal hidden Jewish legacy of Spanish church.

Fire contained at Iran's Abadan refinery, one dead, SHANA says

The refinery, like almost all Iranian oil and gas processing plants, needs major works and renovation.

 A general view shows a unit of South Pars Gas field in Asalouyeh Seaport, north of Persian Gulf, Iran November 19, 2015

Drone attack targets Tawke oilfield in Iraq's Kurdistan

A drone attack targeted an oilfield in Iraqi Kurdistan this Thursday, in what represents a big hit that lowers oil output between 140,000 and 150,000 barrels per day.

Smoke rises after a drone attack targeted oil facilities in the Zakho area of Iraq's Kurdistan region, Iraq July 16, 2025.

Drone strikes shut oilfields in Iraq's Kurdistan, cut output by up to 150,000 bpd

Several oilfields halted operations due to significant infrastructure damage, the Kurdistan region's Natural Resources Ministry said.

 Smoke rises after a drone attack targeted oil facilities in the Zakho area of Iraq's Kurdistan region, Iraq July 16, 2025.

US Embassy condemns drone attacks on Iraq's oil fields

The drone attacks have been a continued source of concern for Erbil and the Kurdistan regional authorities, who govern the Kurdish autonomous region in northern Iraq.

A view of a damaged building following missile attacks, in Erbil, Iraq, January 16, 2024

Iran accuses Israel of 'environmental war crimes' during 12-day war

Iran's Department of Environment condemned Israel's targeting of fossil fuel storage facilities and industrial infrastructure, calling it "a destructive assault on the natural environment"

 Iranian flags fly as fire and smoke from an Israeli attack on Sharan Oil depot rise, following Israeli strikes on Iran, in Tehran, Iran, June 15, 2025.

Treasury Dept. designates 22 entities linked with selling Iranian oil for IRGC-QF

Refineries purchase Iranian oil, and then transfer payments to these front companies, who in turn, move funds to other front company accounts also controlled by IRGC-QF, OFAC stated.

 The IRGC’s control over Iran’s oil industry has grown to such a point, experts now estimate 50% of the country's oil wealth is siphoned to the military organization