Pakistan Oil Tanker Transits Hormuz
A tanker laden with crude oil appears to have cleared the Strait of Hormuz and is now sailing to Pakistan, according to ship-tracking data, making it the latest in just…
Japan Taps Emergency Oil Reserves
Japan has started releasing oil from its reserve to stabilize supply amid the continuing tanker traffic freeze in the Strait of Hormuz. Initially, the government will release 15 days’ worth…
Fossil Fuel Reliance Is Ripping Away Nations’ Security, UN Says
The war in the Middle East is exposing the high cost of dependence on fossil fuels—it is “ripping away national security and sovereignty,” the UN climate secretary told an EU…
Fujairah Suspends Oil Loadings After Another Attack
Fujairah, the UAE’s key oil export port, suspended oil loadings on Monday after another attack on the only UAE port located outside the Strait of Hormuz. The escalating conflict spreading…
Trump Announces ‘Bombing Raid’ at Kharg Island
In a statement posted on his Truth Social page late on March 13, U.S. President Donald Trump announced a “bombing raid” at Kharg Island. “Moments ago, at my direction, the…
EU Ministers Race to Shield Industry From an Escalating Energy Shock
The European Union is in a rush to find ways to alleviate the energy cost pain for consumers and businesses, with energy ministers of member states set to meet later…
