Iranian Gunboats Confront U.S.-Flagged Oil Tanker in Strait of Hormuz
Iranian gunboats made a pointed move in the Strait of Hormuz this week, approaching a U.S.-flagged oil tanker in what U.S. and British maritime security sources describe as a failed…
Marathon Petroleum Beats Earnings Expectations as Refining Margins Surge
Marathon Petroleum (NYSE: MPC) beat fourth-quarter earnings expectations by a mile as refining margins surged in the latter part of 2025. One of the biggest U.S. refiners on Tuesday reported…
Oil Tanker Rates Soar Amid Shipping Shortages and Middle East Tensions
Oil tanker rates on the key Middle East-to-China route surged this week to the highest level since November as vessel supply is tightening and persistent tensions around Iran put shippers…
Qatar Moves to Reclaim Japan’s LNG Market With Major Jera Deal
QatarEnergy is expected to announce a major long-term supply agreement with the biggest power utility in Japan, allowing the world’s second-largest LNG exporter to regain some of the market share…
Kuwait Seeks Foreign Majors’ Help to Develop Offshore Fields
Kuwait prepares to invite international oil companies to help it develop recently discovered offshore oil and gas fields, Kuwait’s Prime Minister, Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah, said on Tuesday. Kuwait…
