US sanctions Iranian shipping network

US Treasury sanctions 16 companies, multiple vessels as part of Revolutionary Guard-run network to ship oil to Syria.Gary Willig, 9/4/2019, 9:19 PM

'We'll prevent Iranian tanker from delivering oil to Syria'

Secretary of State says US will take every action it can to prevent Iranian tanker from delivering oil to Syria.Elad Benari, 8/21/2019, 3:09 AM

'US withdrawal from JCPOA forced us to adopt new foreign policy'

Iran says closing Strait of Hormuz would cause most regional oil wells to close, other ME countries to go into rapid economic 'freefall'.Mordechai Sones, 8/5/2019, 5:21 PM

Trump squeezes Iran's oil exports

White House statement says Trump Administration and allies determined to expand economic pressure to end regime's destabilizing activities.Mordechai Sones, 4/22/2019, 4:24 PM

Iran claims control of Strait of Hormuz

Iranian naval general says Iran has 'complete control' of shipping lanes through which a third of the world's oil passes.Gary Willig, 8/27/2018, 6:22 PM

Report: India to stop importing oil from Iran

Indian government warns national oil refiners to 'prepare for drastic reduction of zero' Iranian oil imports as US sanctions loom.Gary Willig, 6/29/2018, 11:21 AM

Careful: Coconut oil may not be safe

New study shows coconut oil has high levels of saturated fat, researchers suggest using sunflower, olive oil instead.Arutz Sheva Staff, 6/19/2017, 1:58 PM

President Obama bans offshore drilling in the Arctic

US President Obama bans oil drilling in 98% of federal-owned waters.Chana Roberts, 12/21/2016, 10:58 AM

Haifa oil spill raises issues, no answers

Underwater pipe explodes, oil pours into Haifa Bay. Study linking pollution and cancer lead to greater efforts to shut down the refineries.Rachel Kaplan, 7/5/2016, 3:51 PM

Airstrikes depleting ISIS's oil: experts

International airstrikes have cut ISIS's oil output in half, French experts say.Arutz Sheva staff, 4/6/2016, 8:20 PM

Turkey PM urges Russia to give up 'baseless' claims on ISIS oil

Ankara sidesteps claims Turkey has vested interest in ISIS oil stores as relations with Moscow continue to stall.Arutz Sheva Staff, 12/1/2015, 11:39 AM

France hits ISIS where it hurts: Oil stockpiles

French DM announces two new strikes on ISIS's oil infrastructure, in attempt to cripple monetary resources of the jihadists.Arutz Sheva Staff, 11/10/2015, 6:29 PM

Israel Rules Out Any Payment to 'Enemy' Iran

Israeli government says no chance it will pay $1.1 billion over alleged oil debts to enemy state sworn to its destruction.Arutz Sheva staff, 5/21/2015, 5:21 PM

Israel Ordered to Pay Iran Over 1989 Legal Battle

Swiss court orders Israel to pay for 1968 oil transport contract Iran cancelled after Iranian Revolution. Israel: we're not paying anything.Tova Dvorin, 5/20/2015, 10:50 PM

Iraq Regains Control of Oil Refinery Over ISIS

Baghdad makes incremental progress in fighting ISIS, clears the group out of sensitive oil refinery after 10-month struggle.Arutz Sheva Staff, 4/19/2015, 10:43 PM

Oil is Still Fueling Iran’s Atomic Ambitions

While the world’s focuses on uranium and plutonium, it is the ancient fuel oil which drives Iran's nuclear process.Edwin Black, 4/2/2015, 11:45 PM

Khamenei: Iran Shall Have its Sanctions Revenge

One day, Iran's Supreme Leader Ayatollah Ali Khamenei said, the tables will be turned - and Iran will be imposing sanctions.Yaakov Levi, 2/20/2015, 1:13 AM

Iran, Iraq Selling Oil at Lowest Prices in a Decade

As oil prices in Israel begin to creep up again, Iran and Iraq are outdoing each other in offering low prices to Asia.Hillel Fendel, 2/19/2015, 1:43 AM

UN Resolution Cuts Off ISIS's Funding

New resolution passes sanctioning those who engage ISIS in oil trade, antiquities traffic and ransom payments.Arutz Sheva Staff, 2/12/2015, 5:53 PM

UN Security Council Seeks to Choke Off Islamic State Funds

As US plans to authorize military war against ISIS, UN Security Council tackles fight on another front -sanctions against ISIS oil traders.Arutz Sheva Staff, 2/12/2015, 7:36 AM

Experts: Oil Prices to Remain Low in North America

Competition over US, Canadian oil pipeline could dethrone Saudi Arabia as main oil provider, reports say.Dalit Halevy and Tova Dvorin, 1/6/2015, 10:37 AM

Saudis Slash Oil Prices to 'Block' Iranian Nuclear Weapon

Analysts agree radical drop in oil prices due to Saudis flooding market in attempt to crush Iran as US not stopping its nuclear program.Ari Yashar, 12/21/2014, 10:47 AM

Supporting Terror: EU States Buying Islamic State Oil

EU Ambassador to Iraq reveals EU states purchasing oil from jihadist terror group, refuses to divulge names of states.Ari Yashar, 9/7/2014, 11:33 AM

Israeli-Owned Mining Company Discovers Vast Oil Reserves in DRC

Approximately 3 billion barrels of oil could be huge source of opportunity for war-ravaged, impoverished African state.AFP, 8/11/2014, 9:04 PM

Court Says No to Golan Oil Drilling For Now

The Northern District Planning Commission decides not to give permission for oil drilling on the Golan Heights, at least for the time being.Yosef Berger, 6/19/2014, 10:53 PM

'Nuclear Bomb Necessary to Put Down Israel'

Iranian cleric and lawmaker reveals that Iran 'needs' a nuclear weapon to 'wipe Israel off the map'; also reveals US 'need' for Iran deal.Tova Dvorin, 1/7/2014, 1:13 AM

Report Reveals Assad's 'Secret Iraq Oil Lifeline'

Revelation shows Assad's Syria regime propped up by crude oil imports from Iraq slipping past sanctions via an Egyptian port.Ari Yashar, 12/24/2013, 3:22 PM

PA Digging for Oil in Judea and Samaria

The Palestinian Authority says it will start digging for oil in Judea and Samaria, and sign contracts with British companies on coastal gas.Dalit Halevi, Ari Yashar, 11/9/2013, 11:03 PM

Journalist: Saudis, Gulf States 'Shocked' By Obama-Rouhani Chat

Saudi Arabian officials have sharply criticized President Obama for conducting phone conversation with Iranian President Rouhani.David Lev, 9/30/2013, 4:18 PM

WWII Deja Vu: Pro-British Arabs vs. Pro-Nazi Muslims

The same things are at stake. Where is the will to prevent disaster? Mark Langfan, 8/21/2013, 5:17 AM

Jewish Philanthropist, Oil Trader Marc Rich Dead at 78

Jewish philanthropist and oil trader Marc Rich, whose family fled incoming Nazis and as an adult fled US justice untl pardoned, is dead.Chana Ya'ar, 6/27/2013, 9:35 AM

In May: US Allies Plan Gulf Naval Exercises

More than 30 nations will send their sailors to Bahrain in May for an international naval exercise to be held in the Persian Gulf.Chana Ya'ar, 4/8/2013, 8:35 PM

Several Wounded in Iran Explosion

Several people were wounded Sunday in an explosion in Bandar Imam Khomeini, a port city in Iran, but few details have been released.Chana Ya'ar, 3/10/2013, 4:55 PM

India May Cease Iranian Oil Imports As Insurers Back Out

Indian refiners may halt imports of Iranian crude oil after insurance firms said refineries processing Iranian oil will no longer be coveredArutz Sheva staff, 3/10/2013, 12:05 PM

Report: US Plans $16 Billion Gulf Settlement With BP

US authorities plan to propose a $16 billion settlement to British energy giant BP for civil claims related to the disastrous 2010 oil spillArutz Sheva staff, 2/24/2013, 3:37 PM

Report: Israel to Buy Oil from South Sudan

A report Sunday said that Israel had made a deal with South Sudan to purchase oil from the newest country in AfricaDavid Lev, 1/20/2013, 10:52 PM

Iran Takes Off the Mask, Admits Sanctions Hit Oil Exports

An Iranian minister breaks ranks with Ahmadinejad, admits sanctions cut oil exports by 45 percent, but nuke program continues.Tzvi Ben Gedalyahu, 1/8/2013, 12:47 PM

Iran to Move Airport After Oil Found Under Runway

Iran plans to relocate an airport in the southwest of the country after discovering oil deposits under its runway. Rachel Hirshfeld , 12/31/2012, 1:43 AM

Minister: Iranian Oil Revenues Halved By International Sanctions

Iran is losing half of its oil revenues due to international sanctions imposed over its disputed nuclear program, says minister. Rachel Hirshfeld , 12/17/2012, 8:53 PM

More Gas in Cypriot Block 12, Says Noble Energy

Noble Energy officials say they believe there is “a lot more” natural gas than first estimated in the Cypriot Block 12 offshore field.Chana Ya'ar, 10/25/2012, 1:16 PM

Oil Prices Rise After Syrian Jet Forced to Land

Jets from Turkey that intercepted a Syrian passenger jet caused a surge in oil prices.Scott Krane, 10/11/2012, 5:22 PM

Pentagon to Beef Up Cyber Security

U.S. authorities are holding that Iranian-based hackers were responsible for recent cyber attacks.Scott Krane, 10/5/2012, 6:42 AM

Report: Iran 'Outfoxing' Sanctions With Dead-of-Night Oil Sales

Iran has found a way to outsmart the sanctions against selling their oil overseas.David Lev, 9/13/2012, 10:58 AM

Gas Prices Spike to All-Time High

If you're a motorist in Israel, better fill up the tank while you can. Prices at the pump are set to rise to an all-time high this weekend.Chana Ya'ar, 8/27/2012, 8:48 PM

Israel Third Most Expensive Country for Gasoline

Israel has the third highest price in the world for gasoline, according to a new Bloomberg survey.Rachel Hirshfeld, 8/19/2012, 5:35 PM

Oil Tops $91 a Barrel Amid Rising Mideast Tensions

The price of crude has shot up as the Syrian regime teeters and the US and Iran rattle their sabres over the Strait of Hormuz.Gabe Kahn, 7/19/2012, 8:29 PM

Fuel Price Dropping by 3%

One liter of 95 octane gasoline will cost NIS 7.43 at self service pump, as world oil prices dip.Gil Ronen, 5/31/2012, 6:15 PM

Iranian Oil Minister Blames Europe for High Oil Prices

Iranian Oil Minister Rostam Qassemi says the embargos imposed by the EU on Tehran are responsible for the soaring hike in oil prices.Elad Benari, Canada, 5/26/2012, 1:21 AM

Iran Discovers First Oilfield in Caspian Sea in Over 100 Years

Iran has discovered an oilfield in the Caspian Sea for the first time in over a century, the Fars news agency reported.Rachel Hirshfeld, 5/21/2012, 3:42 PM

Can 95 Octane Falafel Oil Fuel Your Car?

Running cars with gas made from falafel oil is one of several Israeli inventions waiting for investors at a patent exhibition in September.Tzvi Ben Gedalyahu, 5/21/2012, 12:31 PM

Report: Israel to Search for Oil on the Golan Heights

Report: Israel has decided to search for oil on the Golan Heights after 20 years of delay due to objections from Syria.Tzvi Ben Gedalyahu, 5/13/2012, 11:21 AM

Mysterious Cyber Attack on Iranian Oil Data

Iran has confirmed that a cyber attack hit its Oil Ministry data systems. It claims there was no damage, but its website is inaccessible.Tzvi Ben Gedalyahu, 4/23/2012, 3:22 PM

Jordan Denies Iraqi Oil Reaching Israel

Jordan is fending off accusations that Iraqi oil is reaching Israel.Chana Ya'ar, 4/12/2012, 8:20 AM

Israel Strikes Oil Off Tel Aviv Coast

Israel has struck oil again, this time off the Tel Aviv coast. Owners say the find includes 100 million barrels of oil, worth $10 billion.Tzvi Ben Gedalyahu, 3/13/2012, 6:19 PM

Iran’s Biggest Weapon – Oil – Protects Nuke Sites from Attack

A glance at financial markets shows the biggest obstacle to a US green light to stop Iran’s nuclear project is fear of higher oil prices.Tzvi Ben Gedalyahu, 3/5/2012, 3:37 PM

India Forced to Cancel Major Iranian Oil Deal

The sanctions noose continues to tighten as Iranian oil consumers find insurance for their oil shipments cut off in Europe.Gabe Kahn., 3/2/2012, 1:31 PM

Fuel at $8 Gallon; ‘Go Take the Bus’

“Let them eat cake – and take the bus:” The government rejects erasing automatic tax hikes on $8 a gallon gas to take effect Thursday. Tzvi Ben Gedalyahu, 2/28/2012, 8:13 AM