Oil

India Was Iran’s Second Largest Oil Customer — Indian Refineries Are Scrambling for Alternatives

India, the world's third-largest oil importer, is facing its most severe energy supply crisis in decades.

Chinese Companies Were Buying Sanctioned Iranian Oil — That Supply Is Now Disrupted

For years, Chinese independent refineries quietly purchased massive quantities of sanctioned Iranian crude oil at steep discounts, creating a...

Iran’s Oil Exports Were Already Under Maximum Sanctions — But the War Changes Global Supply Dynamics

Iran's oil exports were already crumbling under the weight of sanctions before the first missile flew. Crude shipments to China had dropped to roughly...

Iran Sits on the Fourth Largest Proven Oil Reserves in the World

Iran sits on approximately 208.6 billion barrels of proven crude oil reserves, placing it among the top four holders on the planet and accounting...

Saudi Arabia Allowed U.S. Aircraft to Use Its Airspace for the Iran Strikes — Report

The headline claiming Saudi Arabia allowed U.S. aircraft to use its airspace for strikes on Iran is not supported by the available reporting.

Only Israel, Saudi Arabia, and UAE Have Clearly Supported the Military Operation

The claim that only Israel, Saudi Arabia, and the UAE clearly supported Operation Epic Fury — the massive U.S.

Natural Gas Prices Spike Alongside Oil After Iran Strikes Disrupt Markets

Natural gas prices are spiking dramatically alongside crude oil as Iranian retaliatory strikes disrupt two of the most critical chokepoints in global...

OPEC Emergency Meeting Called After Strikes Hit Major Oil-Producing Region

Eight OPEC+ nations convened an emergency virtual meeting on March 1, 2026, agreeing to boost oil output by 206,000 barrels per day starting in...

Environmental Experts Warn Oil Fires in Iran Could Cause Widespread Ecological Damage

The coordinated U.S.-Israeli military strikes that began on February 28, 2026, targeting Iran's energy and military infrastructure, have triggered what...

Saudi Arabia May Accelerate Its Own Nuclear Ambitions After Seeing Iran’s Program Destroyed

Yes, Saudi Arabia is almost certainly going to accelerate its nuclear ambitions now that Iran's program has been demolished.

India Caught Between Iranian Oil Imports and Its U.S. Alliance

India is caught in a deepening geopolitical vice. On one side, the Trump administration is threatening 25% tariffs on any country doing business with...

Japan Fears Oil Supply Disruption From Iran War Could Hit Its Economy

Japan is staring down what could be its most severe energy crisis in decades. After U.S. and Israeli strikes on Iran over the weekend...

Iran’s Response Hit Israel, Jordan, UAE, Qatar, Bahrain, Saudi Arabia, and Kuwait Simultaneously

On February 28, 2026, Iran launched retaliatory strikes against eight countries simultaneously — Israel, Jordan, UAE, Qatar, Bahrain, Saudi Arabia,...

Oil Tanker Insurance Rates Skyrocket After Strikes on Iran

Oil tanker insurance rates have skyrocketed in the wake of U.S. and Israeli strikes on Iran, with war risk premiums for Strait of Hormuz...

The Strait of Hormuz Could Be Blocked — That’s Where 20% of Global Oil Flows

Yes, the Strait of Hormuz could be blocked — and the consequences are already unfolding. On February 28, 2026, following U.S.

Oil Prices Surge as U.S. Bombs Iran’s Military Infrastructure

Oil prices surged dramatically on March 1, 2026, after the United States and Israel launched massive airstrikes against Iran's military infrastructure,...

Saudi Arabia and Israel Both Lobbied Trump for Weeks to Strike Iran — Report

According to a Washington Post report published on February 28, 2026, both Saudi Arabia and Israel spent weeks lobbying President Donald Trump behind...

Trump Called Venezuela “New Friend”…Introduced Guest Who Appeared to Be Senior Venezuelan Government Official

During his 2026 State of the Union address on February 24, President Donald Trump called Venezuela a "new friend and partner" and introduced a...

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