Saudi Crude Tanker Goes Dark to Slip Through Bab el-Mandeb

At least one oil tanker carrying Saudi crude oil has transited the Bab al-Mandeb Strait with its transponder switched off as risks to vessels in the Red Sea spiked this…

Pakistan Transporters Threaten Nationwide Strike Over Fuel Price Hikes

Pakistan’s alliance of goods transporters has warned it could launch a nationwide strike over soaring fuel costs in another economic pressure that the South Asian country is feeling from the…

Hormuz Tanker Crossings Sink to Lowest Level Since May as War Risk Spikes

Only one oil tanker transited the Strait of Hormuz on Thursday, the lowest number of crossings since May 7, as war risks spiked this week to hike crude oil prices…

ADNOC Issues Seventh Crude Tender Since June Despite Hormuz, Red Sea Risks

Abu Dhabi National Oil Company ADNOC has issued its seventh tender offering crude from the United Arab Emirates since the beginning of June, expecting to sell millions of barrels of…

India Scours Angola, Venezuela for Crude as Mideast Supply Dries Up

Indian refiners are in search of crude supply from as far as Angola in Africa and Venezuela in South America as their term supplies from the Middle East are trapped…

Analysts Map 4 Potential USA-Iran Conflict Scenarios

In a market update sent to Rigzone late Thursday, Rystad Energy mapped four potential U.S.-Iran conflict scenarios to assess their impact on oil prices. These four scenarios comprise a “full…

Trump Pledge on Data Center Power Supplies Draws Skepticism

Summary Trump says tech companies have committed to fund or build infrastructure to meet their power needs Consumer anger at data centers’ power use and rising electricity bills an issue…

Oil Retreats from Above $100, but Set for Weekly Rise on Middle East Escalation

Summary Get the Latest US Focused Energy News Delivered to You! It’s FREE: Brent, WTI down over $3 earlier in session; set for around 10% weekly gain Trump vows to…

Fuel Swings Turn US Airline Earnings Forecasts Into Moving Targets

Summary Jet fuel surge upends airline profit forecasts American swings from potential raise to cut Fare gains lag sudden fuel-cost shocks Different fuel dates blur forecast comparisons (Reuters) – A…

Trump Vows to Punish Iran and Houthis for Attacks in Red Sea

(Reuters) – U.S. President Donald Trump promised “major military punishment” for Iran and its Houthi allies after the Yemeni fighters struck two Saudi oil tankers in the Red Sea, extending…