DUBAI, United Arab Emirates — Iran seized two foreign oil tankers in the Persian Gulf on Thursday, state television reported, claiming the vessels had been smuggling fuel. The report did not provide a nationality of the tankers or say what flag they were flying under. Gen. Heidar Honarian Mojarrad, a regional commander with the Revolutionary … Read more
India is not importing significant amounts of Iranian oil owing to US sanctions, as it turned to Russia for supplies. Published On 1 Feb 20261 Feb 2026 Click here to share on social media share2 Share United States President Donald Trump claims India will now buy Venezuelan oil after tussles last year over the South … Read more
Caracas says it is opening up the sector to private players. It all started with a direct US attack on Venezuela earlier this month. Back then, US President Donald Trump made it clear that he was only interested in the country’s substantial oil reserves. On Thursday, the government in Caracas announced a massive overhaul of … Read more
President Donald Trump aims to control and revive Venezuela’s oil industry. Critics call it modern-day colonialism. A nation with the world’s largest oil reserves, Venezuela is now at the centre of a high-stakes economic power play over energy supply – with global ramifications. The United States says it will control the sales and revenue of … Read more
BREAKINGBREAKING, US president says oil will be sold at market prices and that he will control resulting the revenues. Published On 7 Jan 20267 Jan 2026 Click here to share on social media share2 Share United States President Donald Trump has announced that Venezuela will turn over between 30 and 50 million barrels of sanctioned … Read more
The order comes a week after the US military seized an oil tanker off Venezuela’s coast. Published On 17 Dec 202517 Dec 2025 Click here to share on social media share2 Share United States President Donald Trump has ordered “a total and complete” blockade of all sanctioned oil tankers entering and leaving Venezuela. “For the … Read more
“I doubt that you can have a great deal of support in Venezuela from Saudi Arabia.” Paolo von Schirach, president of the Global Policy Institute, explains why the letter Venezuela wrote, asking for support from other oil-producing countries, is unlikely to change anything. In the letter, Venezuelan President Nicolas Maduro wrote that he feels threatened … Read more
How we investigated impact of Ukraine’s strikes on Russian oil sites BBC Morocco GenZ 212 demonstrations: Police say two shot dead in ‘self-defence’ BBC 3 Killed in Antigovernment Protests in Morocco The New York Times From Madagascar to Morocco: Gen Z protests shake Africa NPR Morocco’s youth protest for fourth night, decry World Cup spending over schools and hospitals CNN … Read more
OPEC+ is opening the oil taps again, while Donald Trump’s tariffs target Russian crude buyers. OPEC+, which includes Saudi Arabia and Russia, has agreed to another large production hike in September. That’s despite a warning by the International Energy Agency, the extra barrels could tip the market into oversupply later this year. US President Donald … Read more
Norway oil fund sells out of a fifth of Israeli firms amid fierce criticism Financial Times Norway’s $1.9 Trillion Wealth Fund Sells Off Israeli Assets Bloomberg.com Norway wealth fund terminates Israel asset management contracts Reuters World’s largest wealth fund rolls back Israeli investments over West Bank, Gaza concerns The Times of Israel Orsted shares plunge 30% as global trade … Read more