Middle East
News
April 28, 2026
A Japanese-linked oil supertanker has exited the Strait of Hormuz, marking a rare transit as shipping remains constrained amid the Iran war.
News
April 28, 2026
The UAE is set to exit OPEC after six decades, signaling a major shift in global oil markets as supply disruptions from the Iran war intensify.
News
April 27, 2026
The U.S. is pushing back on Iran’s proposed terms to reopen the Strait of Hormuz, with Secretary of State Marco Rubio warning Washington cannot accept Tehran controlling access to the key oil chokepoint.
News
April 27, 2026
ADNOC Logistics & Services has taken delivery of its sixth LNG carrier, expanding its fleet capacity to support global gas supply and long-term shipping contracts.
News
April 26, 2026
A nearly 1-billion-barrel supply loss tied to the Hormuz disruption is pushing oil markets toward a turning point, with traders warning demand destruction is set to accelerate globally.
News
April 26, 2026
U.S.-Iran talks have stalled after Washington canceled a key diplomatic trip and Tehran rejected negotiations under pressure, as blockades keep Strait of Hormuz traffic near a standstill.
News
April 24, 2026
A sanctioned Iranian oil tanker halted in the Strait of Hormuz amid a U.S. blockade, as shipping traffic through the key oil chokepoint remains severely constrained.
News
April 24, 2026
The White House has extended a Jones Act shipping waiver to mid-August, allowing foreign vessels to transport oil and fuel between U.S. ports to ease supply disruptions linked to the Iran conflict.
News
April 23, 2026
Dallas Fed survey data show executives expect months of continued Hormuz disruption, higher shipping costs and only modest U.S. production gains as the industry navigates ongoing geopolitical risk.
News
April 23, 2026
U.S. forces have boarded another Iranian-linked supertanker, signaling a wider reach for its blockade as oil shipments attempt to move beyond the Gulf.
News
April 21, 2026
A last-minute extension of the Iran ceasefire has not eased tensions in global energy markets, with the U.S. maintaining its blockade of the Strait of Hormuz after negotiations with Tehran collapsed.
News
April 21, 2026
Nearly half of oil and gas assets in the Gulf are operating beyond design life, as Strait of Hormuz disruptions intensify pressure on aging infrastructure, according to new IGS research.
News
April 21, 2026
Halliburton says its global operations are holding up despite Iran-driven disruption in the Middle East, while early signs of a North America rebound point to a shifting upstream outlook.
News
April 21, 2026
Mental health support is gaining traction as part of offshore HSE strategy, with new services expanding into the Middle East to support high-risk energy workforces.
News
April 20, 2026
President Donald Trump said a ceasefire extension with Iran is unlikely, with the Strait of Hormuz set to remain blocked, raising concerns over global oil supply and market volatility.
News
April 20, 2026
Kuwait has declared force majeure on oil and refined product shipments as the Strait of Hormuz blockade disrupts export flows, highlighting the growing impact of the Middle East conflict on global energy markets.
News
April 19, 2026
As Iran again closes the Strait of Hormuz after a brief reopening, energy analyst Arjun Murti tells World Oil that markets may be misreading the situation, with no clear “open” or “closed” outcome in sight.
News
April 19, 2026
Shipping in the Strait of Hormuz has stalled after Iran reversed course and threatened vessels, raising risks to global oil flows and complicating U.S.-Iran peace negotiations.
News
April 17, 2026
Iran’s reopening of the Strait of Hormuz eased oil prices at the end of a volatile week, but markets remain on edge as shipping flows and ceasefire stability come into focus.
News
April 16, 2026
The White House is pressing U.S. oil producers to increase output as a global supply shock unfolds. But with uncertainty over how long disruptions will last, companies remain cautious on new drilling.
News
April 16, 2026
Oil shipments through the Strait of Hormuz are at a near-standstill as producers and tanker owners clash over who bears transit risk. The standoff is driving freight rates higher and adding pressure to already strained global supply flows.
