News and updates about Oil

Is Azerbaijan a solution for Israel’s wheat shortage crisis?

Wheat shortage is one Ukraine war-caused problem, but Azerbaijan's plentiful oil deposits already provide 40% of Israel's oil. Op-ed.

Is Azerbaijan a solution for Israel’s wheat shortage crisis?

Putin’s Man in Washington

If the plan was to destroy America, then the plan is working. If it was to win the war and defeat Putin, that is a different matter. Op-ed.

Putin’s Man in Washington

Iran and Russia's clashing interests

For the first time Iran and Russia have faced off and the interests of the two allies now clash in previously unimagined ways. Op-ed.

Iran and Russia's clashing interests

Watch: Biden announces ban on imports of Russian energy

US President announces new measures against 'main artery of Russia's economy' in response to invasion of Ukraine.

Watch: Biden announces ban on imports of Russian energyplayer

Europe sold its soul to the devil - for what?

Former spy Chouet recounts incredible incidents and attacks "intelligentsia" that brandishes accusations of Islamophobia to end all debate.

Europe sold its soul to the devil - for what?

Latest Iranian pipeline explosion blamed on aging infrastructure

The third major Iranian pipeline explosion since the summer has reportedly occurred at the country’s Parsian refinery in the southwest.

Latest Iranian pipeline explosion blamed on aging infrastructure

Former Amb. Friedman gifted holy oil from Golan Heightsahead of Hanukkah

Yeshivat Hagolan gifts former US Ambassador to Israel a jug of Truma oil which can only be used by a Cohen to use for Hanukkah.

Fmr. Amb. Friedman gifted holy oil from Golan ahead of Hanukkah

US energy secretary laughs at question about high gas prices: 'That is hilarious'

U.S. Energy Secretary Jennifer Granholm laughed at a question regarding lack of domestic oil production, stating, “That is hilarious.”

US energy sec laughs at gas price question: 'That is hilarious'

International body warns that without turn to clean energy, oil use will skyrocket

The IEA in a report is sounding the alarm on the dangers of a post-COVID surge in oil usage if "clean energy moves" are not implemented.

Prediction: Worldwide demand for oil may exceed pre-Covid levels

Report: Israel targeted Iranian oil shipping

Newly released information shows Israel adding attacks on tankers to the list of economic pressures against Iran and Syria

Report: Israel targeted Iranian oil shipping

Oil prices rise along with Trump's chances of winning

Tighter sanctions against Iran & Venezuela boosted oil prices. If Biden wins, all that could change.

Oil prices rise along with Trump's chances of winning

The self-cancellation of Basement Biden

The Boston Herald says Trump is 'what America needs right now'. Biden has self-cancelled with the oil industry, Ukraine and China.Op-ed.

The self-cancellation of Basement Biden

US sanctions Iran's oil sector

Trump administration slaps fresh sanctions on Iran's oil sector, links three entities to Revolutionary Guards' Quds Force.

US sanctions Iran's oil sector

Company recalls oil mislabeled as canola oil

Israeli company announces labeling mistake, requests concerned customers return products in exchange for refund.

'Canola oil' turns out to be sunflower oil

Oil prices plummet to all time lows - dropping below zero

Russia, Saudi Arabia scramble to cut production as oil prices suffer unprecedented collapse, falling into negative territory for first time.

Oil prices plummet to all time lows - dropping below zero

Trump: 'Looks like' Iran attacked Saudi oil supply

US President talks up the United States’ military might, but stresses he wants to “avoid” war.

Trump: 'Looks like' Iran attacked Saudi oil supply

US official: Attack on Saudi oil facilities came from Iran

US official: No doubt that Iran is responsible for attack on Saudi Arabia's oil facilities.

US official: Attack on Saudi oil facilities came from Iran

Attacks on Saudi oil facilities cut 5% of global oil supply

Saudi Arabia says Houthi attacks on its key oil facilities have disrupted about half of the kingdom's oil capacity.

Attacks on Saudi oil facilities cut 5% of global oil supply

US sanctions Iranian shipping network

US Treasury sanctions 16 companies, multiple vessels as part of Revolutionary Guard-run network to ship oil to Syria.

US sanctions Iranian shipping network

'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.

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

'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'.

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

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.

Trump squeezes Iran's oil exportsplayer

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.

Iran claims control of Strait of Hormuz

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.

Report: India to stop importing oil from Iran

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.

Careful: Coconut oil may not be safe

President Obama bans offshore drilling in the Arctic

US President Obama bans oil drilling in 98% of federal-owned waters.

President Obama bans offshore drilling in the Arcticplayer

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.

Haifa oil spill raises issues, no answers

Airstrikes depleting ISIS's oil: experts

International airstrikes have cut ISIS's oil output in half, French experts say.

Airstrikes depleting ISIS's oil: experts

Turkey urges Russia to give up ISIS oil claims

Ankara sidesteps claims Turkey has vested interest in ISIS oil stores as relations with Moscow continue to stall.

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

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.

France hits ISIS where it hurts: Oil stockpiles

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.

Israel Rules Out Any Payment to 'Enemy' Iran

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.

Israel Ordered to Pay Iran Over 1989 Legal Battle

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.

Iraq Regains Control of Oil Refinery Over ISIS

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.

Oil is Still Fueling Iran’s Atomic Ambitions

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.

Khamenei: Iran Shall Have its Sanctions Revenge

Iran, Iraq Selling Oil at Lowest Prices in Decade

As oil prices in Israel begin to creep up again, Iran and Iraq are outdoing each other in offering low prices to Asia.

Iran, Iraq Selling Oil at Lowest Prices in a Decade

UN Resolution Cuts Off ISIS's Funding

New resolution passes sanctioning those who engage ISIS in oil trade, antiquities traffic and ransom payments.

UN Resolution Cuts Off ISIS's Funding

UN Security Council Seeks to Choke Off ISIS Funds

As US plans to authorize military war against ISIS, UN Security Council tackles fight on another front -sanctions against ISIS oil traders.

UN Security Council Seeks to Choke Off Islamic State Funds

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.

Experts: Oil Prices to Remain Low in North America

Saudis Slash Oil Prices to 'Block' Iranian Nuke

Analysts agree radical drop in oil prices due to Saudis flooding market in attempt to crush Iran as US not stopping its nuclear program.

Saudis Slash Oil Prices to 'Block' Iranian Nuclear Weapon