Crude Oil

Iran threatens to attack US crude oil companies

Iranian Foreign Minister Abbas Araghchi threatens retaliation if crude oil facilities struck; US President Donald Trump says he may reconsider decision to leave Iranian oil infrastructure intact.

Israel attacks Iran's oil containers

IDF strikes 30 oil depots on Iran, in first since start of war; opposition leader MK Yair Lapid offers rare praise.

After Maduro:

First delivery of crude oil from Venezuela to Israel

The move, as part of the plan to open up the oil export market, ends the embargo that Venezuela has imposed on Israel for years.

Amid nuclear talks

US slaps sanctions on Iranian LPG tycoon

US Treasury Department sanctions Seyed Asadoollah Emamjomeh and his network for orchestrating large-scale exports of Iranian LPG and crude oil, allegedly funding Iran’s nuclear ambitions and proxy groups.

Following Trump's threats:

Iran threatens to close Strait of Hormuz

In response to Trump's threats to prevent Iranian oil exports, Revolutionary Guards' naval force commander says that decision was reached by top leadership and navy is following orders.

US senator blasts American reliance on Russian crude oil imports

Machin calls import of 500,000 barrels of Russian crude oil per day "hypocritical," urges ban and increase in domestic production.

US demands: Don't import Iranian oil after November

US State Department pushes allies to end imports of Iranian crude oil, plans talks to ensure global supply doesn't suffer.

Crude oil leak in Jordan's Aqaba could harm Eilat

Jordan informs Israel that 200 tons of crude oil leaked into the Gulf of Aqaba from Aqaba port and could possibly contaminate Eliat.

Iran exports crude oil to Europe

Iran announces shipment of crude oil to Europe, the first such shipment since nuclear deal was implemented.

Israelis Suspected of Trying to Buy Crude from Libyan Rebels

Two Israelis questioned in Cyprus in connection with an an oil tanker loaded from a rebel-held port in Libya.

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.

New Oil Field Could Yield Rich Returns for Israel

A newly discovered field off Israel's coast may contain significant deposits of light crude oil – the kind used for gasoline.

20 Confirmed Dead in Quebec Train Disaster

The death toll in the Quebec town of Lac-Mégantic now stands at 20, after a series of explosions caused by a derailed train.

1 Dead, 80 Missing in Canada Oil Train Wreck

At least one person is dead and up to 80 others missing in a train wreck in Canada’s Quebec province over the weekend.