India Boosts U.S. LPG Imports to Record High
Iran Moves to Tap Key Asian Markets as U.S. Waives Oil Sanctions
Iran Says U.S. Agreed to Unblock $12 Billion in Frozen Funds
IOC’s Tanker Tender Comes Up Empty as Hormuz Risk Lingers
Europe’s Battery Storage Installations Set to Quadruple by 2030
Tankers Emerge from Dark Mode amid Tentative Hormuz ReopeningTankers Emerge from
Ballard’s GeoPura buy marks business model shift from hydrogen equipment seller
Posco opens rare gas plant for South Korean semiconductor market
Oil Steady as Investors Focus on Hormuz Flows After Peace Talks
US Gasoline Prices Tumble for Sixth Straight Week
Trump Says Iran’s Leaked Deal Terms are Untrue
(Reuters) – U.S. President Donald Trump denied on Friday that the United States has made major concessions to Iran and a senior U.S. official called an emerging pact “performance-based” with…
US Military Helps Move 7 Million Barrels of Oil Per Day Out of Persian Gulf, Wright Says
(Reuters) – Roughly 7 million barrels of oil are getting out of the Persian Gulf each day with U.S. military help, U.S. Energy Secretary Chris Wright said on Friday at…
Chevron Continues to Look at New Opportunities in Middle East, CEO Says
(Reuters) – Chevron is continuing to look at new opportunities in the Middle East and may have more exposure to the region in the future, Chief Executive Officer Mike Wirth…
Exxon Mobil Evaluates Potential Buyout of Australia Woodside Energy, Bloomberg News Reports
(Reuters) – Exxon Mobil Corp is exploring potential acquisition targets, including Australia’s Woodside Energy Group, Bloomberg News reported on Friday, citing people familiar with the matter. Any move for Woodside…
Tired of Chaos, Investors Retreat From Oil Market at Record Pace
(Reuters) – The extreme volatility of global oil prices has drained liquidity from the market this year at the fastest pace on record, as investors have become increasingly wary of…
US Energy Firms Cut Rigs for First Time in Eight Weeks, Baker Hughes Says
(Reuters) – U.S. energy firms cut the number of rigs operating for the first time in eight weeks, energy services firm Baker Hughes said in a closely followed report on…
Iran Deal Very Close, Signing Possible in Coming Days, US Official Says
(Reuters) – The United States and Iran are not quite at the finish line, but are very close to a deal to resolve their conflict, a senior U.S. official said…
US Refiners Can Still Absorb More Venezuelan Crude, Energy Secretary Wright Says
(Reuters) – U.S. refiners can still absorb more Venezuelan crude, Energy Secretary Chris Wright said Friday at an event at Port Houston. Venezuela is sending about half of its total…
Hope for Hormuz as Iran, US Edge Closer to Peace Deal
(Update) June 12, 2026, 4:43 PM GMT: Article updated with Trump, Araghchi and Pakistani statements starting in third paragraph. The US and Iran moved closer to an interim peace agreement…
India Caps Fuel Sales to Avoid Shortages
India has imposed limits on gasoline and diesel sales at retail fuel stations to avoid supply crunches, with commercial consumers banned from buying any fuel from retail stations, Bloomberg reported,…
