Oil

Iran’s grip on Hormuz was never as strong as it looked - opinion

According to recent US government estimates, roughly 15 million barrels of Gulf oil are now leaving the region each day through the strait and alternative export routes.

 A map showing the Strait of Hormuz and Iran is seen in this illustration taken June 22, 2025.
 US Vice President JD Vance speaks during a press briefing, the first since Karoline Leavitt stepped down as press secretary, at the White House, in Washington, DC, US, September 3, 2026.

JD Vance: Only US can protect Strait of Hormuz, prevent global energy crisis

Jacob Nagel, national security adviser in the Israeli prime minister's office attends a Defense and Foreign Affairs Committee meeting at the Knesset, on March 8, 2017.

Former NSC adviser explains why Iran could face internal upheaval within months - interview

US President Donald Trump speaks during an event to sign executive orders related to beef, in the Oval Office of the White House, in Washington, DC, US, September 4, 2026.

Trump says US may hit Iran's Pickaxe Mountain soon, new oil pipelines may replace Hormuz


Iranian oil supplies to China tighten as US blockade cuts Tehran's crude exports

Trade sources say Iranian crude offers to China have declined and prices have risen as Washington's blockade disrupts Tehran's oil shipments.

 Iranian flag with stock graph and an oil pump jack miniature model are seen in this illustration taken October 9, 2023.

US military created secret path through Hormuz, 10 million barrels of oil pass daily - report

US President Donald Trump told reporters "The Strait is open. A lot of boats are coming through, adding that "We are getting a lot of oil out."

A drone view shows vessels in the Strait of Hormuz, as seen from Musandam, Oman, June 15, 2026.

Moscow's fuel stations limit sales amid shortages linked to Ukrainian drone attacks on refineries

Russian authorities have banned exports of gasoline and diesel, eased fuel quality requirements and began importing petroleum products.

A general view shows the Novorossiysk Fuel Oil Terminal (NMT) in the Black Sea port of Novorossiisk, Russia May 30, 2018. Picture taken May 30, 2018.

12 years after the oil spill: What is happening in the Avrona Nature Reserve now?

Following Israel's massive 2014 EAPC oil spill, complex rehabilitation begins at Avrona Nature Reserve, evacuating 30,000 tons of contaminated soil.

Alongside its toxicity, the oil created a hard, impermeable layer on the ground. The Avrona oil spill disaster.

Iraq approves three month mechanism to export crude via local, international firms

Iraq is seeking to diversify its oil export channels and maintain flexibility in marketing its crude amid the Iran war and the closure of the Strait of Hormuz.

A worker checks an oil pipeline at Nahr Bin Umar oil field, north of Basra, Iraq March 22, 2022.

Hormuz crossings rise slightly from weekend, remain in single digits, data shows

Some vessels could be passing through the strait with their transponders switched off and they are not considered in the tally.

Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 18, 2026.

Shipping slows through Strait of Hormuz after tanker attacks, data shows

Some ships may pass through undetected with transponders off, but the figures are far from the more than 130 ships a day that traversed the Strait of Hormuz before the war.

This image shows the Strait of Hormuz, between the Persian Gulf and the Gulf of Oman. The Strait of Hormuz runs between Iran and United Arab Emirates, 2004.

China-based Hengli Group main importer of sanctioned Iranian crude oil, analysts say - report

Hengli is one of the largest companies in a network of "teapot" refineries in China that purchase sanctioned oil, according to the officials cited by WSJ.

An Oil tanker named Yu fu Zuo unload imported crude oil at the crude oil terminal of in Qingdao port, in China's eastern Shandong province on July 16, 2026.

UAE says Iran attacked ADNOC vessel in Hormuz, urges Iran to halt attacks, reopen waterways

The UAE Foreign Ministry called on Tehran to halt what it described as unprovoked attacks, the third in less than a week, end hostilities, and fully reopen the waterway.

Vessels in the Strait of Hormuz, as seen from Musandam, Oman, August 3, 2026.

China's export of electric trucks across Asia spikes, as Iran war fuels higher oil costs

China’s rapid adoption of e-trucks - from lighter vehicles to tractor-trailers - has partially shielded the world's biggest auto market from the impact of the conflict.

A driver resting in his electric truck while charging it at a station in Beijing, April 23, 2026.