Russian Tanker Set to Arrive in Cuba Despite U.S. Blockade

A tanker loaded with Russian fuel is set to arrive in Cuba as the United States considers lifting the blockade of the island to let it pass, Bloomberg reported today,…

Trump Says He Wants to “Take the Oil” in Iran

President Donald Trump has suggested the United States may try to take over Iran’s oil the way it did with Venezuela’s, per a Financial Times interview. “To be honest with…

JPM Warns of Vulnerability That Could Add $20 to Oil Price

Yemen’s Houthi rebels have now formally joined the escalating Middle East conflict, J.P. Morgan analysts, including the company’s head of global commodities strategy, Natasha Kaneva, said in a report sent to Rigzone…

Oil Set to Book Record Monthly Gain on Iran Crisis

Oil prices are about to log their biggest monthly rise on record following Houthi attacks on Israel and President Trump’s statement that he wants to take Iran’s oil. The international…