InternationalEnergy
US Secures Control of 65B Barrels of Venezuela Oil
Trump announces landmark deal giving US majority control of 65 billion barrels of Venezuela's oil reserves, reshaping global energy markets.
—7 min read
Tag
#Oil
12 articles
International RelationsMilitary
Iran Rejects Trump's Claim Over Strait of Hormuz
Iran's deputy foreign minister asserts Tehran's exclusive control over the Strait of Hormuz, dismissing Trump's pledge to claim the waterway.
—5 min read
InternationalPolitics
Trump Orders Pause in Iran Strikes Amid Diplomatic Push
Trump paused U.S. strikes on Iran after 13 nights as Omani mediators arrived in Tehran to reopen the Strait of Hormuz amid Houthi attacks on Saudi oil.
—6 min read
War & ConflictPolitics
Iran Rejects U.S. Cease-Fire Proposal as Strikes Intensify
Iran reportedly rejected a U.S. cease-fire proposal as American forces completed a 13th night of strikes and Trump threatened a 'massive attack.'
—5 min read
EconomyEnergy
Fuel Prices Surge in Belgium as Refining Costs Climb
Belgian fuel prices rise sharply as diesel hits EUR 2.10/litre. Surging refining margins and geopolitical tensions are driving the increase.
—5 min read
US PoliticsInternational
US Strikes Iran as Tehran Closes Strait of Hormuz
The US launches fresh airstrikes on Iran after Tehran closes the Strait of Hormuz. Experts say Israel holds the key to de-escalation as oil markets reel.
—5 min read
International PoliticsAmericas
How Marco Rubio Is Running Venezuela From Washington
A New York Times investigation reveals Marco Rubio effectively controls Venezuela's finances, oil revenue, and government from Washington.
—6 min read
International EnergyGeopolitics
China's Oil Stockpiles Give It Unrivaled Leverage in Crisis
China's 1.4 billion barrels of strategic oil reserves exceed all IEA members combined, giving Beijing a decisive edge in the Strait of Hormuz crisis.
—5 min read
EconomyEnergy
China's 92-Octane Gasoline Returns to '7 Yuan Era'
China's 92-octane gasoline drops back to 7.8-7.9 yuan/liter after NDRC cuts prices by 515 yuan/ton. Analysts predict a third consecutive cut on July 3.
—4 min read
Economy
US Gas Prices Dip Below $4 for First Time Since March
US gas prices fell below $4 per gallon for the first time since March after the US-Iran peace deal, but remain 25% higher than last year amid inflation.
—5 min read
Economy
Fuel Prices Rise Again in Belgium Amid Iran Conflict
Belgian fuel prices rise again: petrol reaches €1.874 and diesel climbs to €2.08 per liter as the US-Iran conflict roils global oil markets.
—4 min read
InternationalPolitics
US Sanctions Iran's Persian Gulf Strait Authority on Hormuz
The US Treasury sanctioned Iran's Persian Gulf Strait Authority, targeting Tehran's toll regime over the Strait of Hormuz and escalating pressure.
—4 min read