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Iran

UK Issues Sanctions for Iranian Oil Magnate and Companies

Britain sanctioned an Iranian oil magnate and four companies on Thursday, saying they are part of a network that supports Tehran's overseas activities, including...

US Treasury Targets Iranian Oil Exports and Shadow Fleet

US Treasury on 21st Aug 2025, has targeted Iran’s oil exports by imposing sanctions on Greek national Antonios Margaritis, his network of companies, and...

Turkish Ports Place New Barriers For Israel-Linked Vessels

Turkish port authorities have begun informally requiring shipping agents to provide letters declaring that vessels are not linked to Israel and not carrying military...

Azerbaijan Officials Express Concern Over Shallowing of the Caspian Sea

Rapid falls in the level of the Caspian Sea are affecting ports and oil shipments and threatening to inflict catastrophic damage on sturgeon and...

Iran holds military drills after humiliating losses in war with Israel

Iran on Thursday launched its first solo military exercises since its June war with Israel, state media reported, seeking to reassert an image of...

Sanctioned tankers sold for demolition in ‘unusually structured’ deals

While the grey tanker fleet continues to expand, market observers have noted a portion of these vessels have recently ended up in demolition yards...

Russia’s gasoline exports to Afghanistan plummet in July, traders say

Russia's gasoline shipments to Afghanistan and Turkmenistan plunged in July even before Moscow restricted exports of the fuel to guarantee affordable supplies in the...

OPINION | Oil price smile could leave traders in tears

A glaring mismatch between benchmark oil prices and expectations of a looming supply overhang has created an imbalance that could end badly for traders....

Gulf Visit by USS Nimitz Prompts Iranian Deployment

The USS Nimitz (CVN-68), flagship of Carrier Strike Group (CSG) 11 has passed back out through the Straits of Hormuz, having called in Bahrain...

OPINION | War or peace? For oil markets, the Ukraine outcome is insignificant

US President Donald Trump’s high-stakes diplomacy to resolve the war in Ukraine is unlikely to jolt oil and gas markets, no matter the outcome....
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