Hopes for a resumption oil flows have been buoyed by the Iraqi parliament’s approval last week of a budget amendment.

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...

BRASILIA, Brazil (AP) — Brazil´s President Luiz Inácio Lula da Silva is pressing the country's environmental regulator to ...

By bnm Gulf bureau Iraq faces a potential energy crisis as US President Donald Trump ends its exemption from sanctions on ...

The sanctions, which targeted Gazprom Neft, Surgutneftegaz, and 180 shadow fleet tankers, have created a surplus of oil in ...

As has been widely reported, the U.S. policy of “maximum pressure” towards Iran has returned. On February 4, 2025, the Trump administration ...

Iraq is working to iron out technical issues with the semi-autonomous Kurdistan Regional Government to restart a crude export ...

Transportation Secretary Sean Duffy said the Trump administration planned to “move forward” with approval of a Texas port ...

A handful of newer Chinese terminals recently began receiving oil tankers sanctioned by the U.S., according to five sources ...

The KRG’s hardship notably worsened following the March 2023 suspension of oil exports from the Kurdistan Region through the Iraq-Turkey pipeline. The Iraqi legislature recently passed a bill ...

carrying 130,000 tons of fuel oil, was reportedly in danger of sinking following as many as three explosions in the engine room in the early hours of Sunday while docked in the Ust-Luga port in Russia ...