Iran Declares Strait of Hormuz Closed as ‘Unauthorised’ Vessel hit
Iran on Sunday said it closed the Strait of Hormuz after a vessel traveled on an unapproved route and was struck, warning that any retaliation over the incident would be…
US Says it Launched Strikes Against Iran After Attack on Cyprus-Flagged Container Ship
The U.S. military said on Saturday it launched a new round of strikes against Iran after Islamic Revolutionary Guard Corps forces attacked a Cyprus-flagged container ship transiting the Strait of…
Strategists Expect USA-Iran Tension to be Short Lived
Friday July 10, 2026 – Macquarie strategists said they expect the renewed tension in the Middle East between the U.S. and Iran to be ‘relatively short-lived’.
US Pain at the Pump Worsens After More US-Iran Fighting Lifts Oil Prices
Summary Get the Latest US Focused Energy News Delivered to You! It’s FREE: AAA data showed average US gasoline prices rose 6 cents this week to $3.88 a gallon Friday…
Occidental’s Quarterly Realized Oil Prices Jump Amid Iran War Disruption
(Reuters) – Shale producer Occidental Petroleum said in a filing on Friday its worldwide average realized oil prices rose 38.4% in the second quarter compared with the previous three months, driven…
Advanced Simulations Offer New Insights into Grid-Scale Battery Aging
A new study by researchers at the U.S. Department of Energy’s Oak Ridge National Laboratory (ORNL) highlights how the way grid-scale battery energy storage systems (BESS) are operated can significantly…
US Energy Firms Add Rigs for Fourth Week in a Row, Says Baker Hughes
(Reuters) – U.S. energy firms this week added rigs for a fourth week in a row for the first time since early June, energy services firm Baker Hughes said in…
Oil Prices Settle Lower on Hopes for Smoother Shipping in Strait of Hormuz
By Tanker traffic through Strait of Hormuz has slowed IEA says US-Iran escalation undermines oil surplus forecast Russia’s gasoline output covers 65% of demand after Ukrainian strikes, sources say HOUSTON,…
US Issues Fresh Iran-Related Sanctions, Website Shows
(Reuters) – The United States on Friday issued new Iran-related sanctions following Iran’s resumption of attacks on international shipping in the Strait of Hormuz, the Treasury Department said. The sanctions…
IEA Cuts Russia’s Oil Production Forecast Due to Ukrainian Attacks
Russia’s oil production in 2026 and 2027 is set to be lower than previously expected, due to intensified Ukrainian drone attacks on Russia’s energy infrastructure, the International Energy Agency said…
