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Shippers and Oil Giants Seek Clarity on US-Iran Peace Deal
Jun 15 2026 // A US-Iran deal intended to reopen the Strait of Hormuz within days left many of the world’s top shipowners, traders and oil producer nations seeking clarity about the terms of the pact that’s pivotal to the...
US Ships Escort Oil Tankers Through Hormuz at Night, Burgum Says
Jun 12 2026 // US forces are helping move millions of barrels through the Strait of Hormuz under the cover of darkness, sometimes escorting more than 20 ships per night out of the vital waterway, US Interior Secretary Doug Burgum said...
Oil Tankers Go Dark to Sneak More Barrels of Oil Through Hormuz
Jun 10 2026 // Off the coast of Oman over the weekend, 16 tankers clustered together to transfer millions of barrels of oil that had been stranded in the Persian Gulf. A month ago, that area had been entirely empty. They’re part of...
EU May Keep Russian Oil Price Cap Unchanged at $44 Per Barrel to Pressure Moscow
Jun 1 2026 // The European Commission may propose leaving the G7 price cap on Russian crude unchanged at its July review, in an effort to curb Moscow’s windfall from the Iran war and the ensuing oil price shock, EU diplomats said...
Wildfire Season Returns to Canada’s Oil Sands
Jun 1 2026 // Wildfire season has returned to Canada’s oil sands region, with seven active blazes in the area on Sunday raising risks for communities, workers, companies and investors. Canada is the world’s fourth-largest...
Emergency Reserve Oil Heads to California for First Time
May 28 2026 // A cargo of oil from the U.S. Strategic Petroleum Reserve headed to California this month for the first time ever, ship tracking service Kpler said. The unusual movement highlights the redrawing of trade flows and shipping...
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