Oil

Chevron launches Israel energy-tech accelerator for early stage startups

Chevron Studio Israel will fund and mentor early-stage technologies from Israeli universities and research institutions, with a focus on AI, cybersecurity, hydrogen, and lower-carbon energy solutions.

|ByJERUSALEM POST STAFF
Jack Baker, Managing Director of Chevron’s Eastern Mediterranean region.
French Navy personnel approach an oil tanker, subject to international sanctions and sailing from Russia, in the Atlantic Ocean, in this handout obtained by Reuters on June 1, 2026.

France intercepts another 'shadow fleet' tanker linked to Russian oil

The tanker, which had sailed from Russia's Arctic port of Murmansk, was suspected of flying under a false flag and was intercepted with support from Britain, French President Emmanuel Macron said.

|ByREUTERS
An Emirati F-16E fighter jet; illustrative.

UAE conducted dozens of airstrikes on Iran using US, Israeli intel during war - report

One such strike was on the Asaluyeh petrochemical complex, and was carried out with Israel, the WSJ wrote, and led to international condemnation.

|ByJERUSALEM POST STAFF
A cargo ship unloads imported crude oil at the Qingdao crude oil terminal in China's eastern Shandong province on May 11, 2026.

Iran avoids US sanctions via ship-to-ship transfers of oil, may receive payment for months - report

The ships receiving the oil are often part of Iran’s “shadow fleet,” a fleet of old, rusting tankers that obscure their owners and may switch their flags to those of countries with little oversight.

|ByDANYA SAPERSTEIN

What does a US naval blockade of Iran mean for oil flows? - explainer

After weekend peace talks in Islamabad between negotiators from the US and Iran ended without a deal, US President Donald Trump ordered a full blockade on the Strait of Hormuz.

APRIL 13, 2026ByREUTERS
A vessel at the Strait of Hormuz, off the coast of Oman’s Musandam province, April 12, 2026.

IMF warns Strait of Hormuz might never be back to normal

The IMF warned that the situation at Hormuz could be similar to the one in Bab-al-Mandeb, where shipping lanes haven’t yet recovered ever since the first Houthi attack.

APRIL 12, 2026ByTOBIAS HOLCMAN
A map showing the Strait of Hormuz is seen in this illustration taken June 22, 2025.

Americans weigh in on the Iran war, gas prices, their fears

Reuters spoke with 16 people across Indiana, New York, California, Georgia, and Colorado to understand how they are processing the war amid rapid news cycles and a fractured political landscape.

APRIL 11, 2026ByREUTERS
People wave Iranian flags and signs condemning the war on Iran as they march past the Eisenhower Executive Building during a protest in Washington, DC, on February 28, 2026.

US says Iran lost track of mine locations spread in Strait of Hormuz, complicating reopening - NYT

The mines, which were laid by small boats and without a clear record of where they were placed, make the Strait of Hormuz almost impossible to transit.

APRIL 11, 2026ByTOBIAS HOLCMAN
A map showing the Strait of Hormuz and Iran is seen in this illustration taken June 22, 2025.

Iran-linked ships drive traffic through Strait of Hormuz, ship tracking data shows

Despite a two-week ceasefire between Iran and the US, most vessels sailing through the Strait of Hormuz in the past day are linked to Iran, according to ship tracking data.

APRIL 10, 2026ByREUTERS
Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the US-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026.

US consumer inflation expected to have surged in March amid Iran war

March's US Consumer Price Index is expected to show a sharp increase due to soaring oil prices from the Iran conflict, dampening hopes for a rate cut this year.

APRIL 10, 2026ByREUTERS
An illustration of rising prices following US-Iran conflict.

Meloni warns Iran's plan to charge for passage through Strait of Hormuz could disrupt global trade

Italian Deputy Prime Minister Matteo ⁠Salvini said on Wednesday that Italy would not deploy naval vessels to patrol the area without authorization from the United Nations. 

APRIL 10, 2026ByTHE MEDIA LINE STAFF
Italian Prime Minister Giorgia Meloni speaks during a joint statement with President of Cyprus Nikos Christodoulides, at Chigi Palace, in Rome, Italy, February 26, 2026.

Trump, Starmer discuss reopening of Strait of Hormuz

The reopening of the Strait, which carries about a fifth of the world's oil consumption, is an important component of the US-Iran ceasefire deal.

APRIL 10, 2026ByARIELLA ROITMAN
The Callisto tanker sits anchored as the traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Muscat, Oman, March 10, 2026.

Hormuz at near standstill as Iran warns ships to keep to its waters

Mitsui O.S.K. Lines, one of Japan’s big three shipping firms, is among those caught up in the confusion as firms try to work out what impact the US-Iran two-week ceasefire is having.

APRIL 9, 2026ByREUTERS
A ship passes through the Strait of Hormuz.

US and Iran reach temporary ceasefire

APRIL 9, 2026ByISAAC KAPLAN
“The temporary U.S.-Iran ceasefire has eased tensions and boosted markets, but lasting stability remains uncertain.”