Oil

UK targets Russia's Transneft in new sanctions on fourth anniversary of Ukraine war

The sanctioning of Transneft, one of the world's largest pipeline firms, brings the number of people, companies, and ships sanctioned under Britain's Russia measures to more than 3,000.

British Prime Minister Keir Starmer delivers remarks at the top of the Cabinet meeting to mark the fourth anniversary of Russia's full-scale invasion of Ukraine at Downing Street on February 24, 2026 in London, England.
Venezuela's interim president Delcy Rodriguez and Cuban Foreign Minister, Bruno Rodriguez Padilla attend the ceremony "Promotions and Decorations for Heroes and Martyrs", honouring Venezuelan and Cuban military and security personnel who died during a US operation to capture Nicolas Maduro.

Cuban military, medical advisers leave Venezuela as US pressure mounts on Rodriguez

Personnel onboard the Indian Navy's INS Shardul salute during the opening ceremony of the 5th Multilateral Naval Exercise Komodo 2025 off the coast of Indonesia's resort island of Bali on February 16, 2025.

India seizes Iran-linked US-sanctioned tankers, steps up surveillance

US troops are seen boarding an oil tanker breaching Washington's blockade on sanctioned vessels traveling to or from Venezuela, February 15, 2026.

US intercepts Iran-linked oil tanker en route from Caribbean to Indian Ocean


Trump, Netanyahu agree to increase economic pressure on Iran, primarly targeting oil to China

If China decides not to source its oil from Iran, economic pressure on Tehran would increase significantly

US President Donald Trump shakes hands with Israeli Prime Minister Benjamin Netanyahu during a press conference at his Mar-a-Lago club on December 29, 2025 in Palm Beach, Florida.

Maduro still 'legitimate president' of Venezuela, acting leader Delcy Rodriguez tells NBC

Venezuela's Delcy Rodriguez defends Maduro as the rightful leader and signals diplomatic progress with the US, amid growing cooperation and oil sales.

Venezuela's interim President Delcy Rodriguez looks on following a meeting with US Energy Secretary Chris Wright at Miraflores Palace, Caracas, Venezuela, February 11, 2026.

US-led oil sales from Venezuela to bring in $5 billion in months, energy chief Wright tells NBC

Much of the oil is being refined in US refineries, and the administration of US President Donald Trump has handed over proceeds from the sales to Venezuela’s interim government, Chris Wright said.

US Energy Secretary Chris Wright speaks during the sixth meeting of the Transatlantic Energy Cooperation (P-TEC) in Athens, Greece, November 6, 2025. 

Iran’s poorly maintained ‘dark fleet’ poses major risk for oil spill in Mideast - Guardian

Five of the ships were aging, very large crude carriers capable of holding about 300,000 tons of oil, meaning a single accident could dwarf past disasters, the report noted.

 US military forces boarded the crude oil tanker Aquila II in the Indian Ocean after pursuing it from the Caribbean. The vessel was accused of breaching Washington's blockade on sanctioned vessels traveling to or from Venezuela. February 9, 2026.

Trump administration weighs seizing Iranian oil tankers to further pressure Tehran - WSJ

The move would put significant pressure on Iran’s main source of revenue, according to US officials, but “faces many obstacles,” including concerns regarding Iranian retaliation.

 US military forces boarded the crude oil tanker Aquila II in the Indian Ocean after pursuing it from the Caribbean. The vessel was accused of breaching Washington's blockade on sanctioned vessels traveling to or from Venezuela. February 9, 2026.

Venezuela sends first oil shipment to Israel in years in sign of relations improving - Bloomberg

Israel's Bazan Group will be responsible for transporting the cargo, according to the report, although authorities have not publicly disclosed this.

Oil tanker Bronco sits anchored in Lake Maracaibo, near the Bajo Grande crude port operated by state oil company PDVSA, in Maracaibo, Venezuela, February 9, 2026. (Ilustration)

In potential game-changer, Syria moves ahead on oil deal with Chevron, Qatar - analysis

This could be a major game-changer for Syria as it begins to regrow its economy after decades of sanctions and isolation.

YUSUF QABLAWI, CEO of the Syrian Petroleum Company, Frank Mount, head of Corporate Business Development at Chevron, and Erik Keskula, CEO of Power International Holding, sign a memorandum of understanding to develop an offshore oil and gas field for Syria.

How Iran’s economic collapse is tightening the regime’s options - analysis

Iran’s central bank began distributing a 5,000,000-rial “Iran-cheque” on Sunday, describing it as a step to “facilitate the circulation of cash” and speed up everyday transactions.

IRANIAN BANKNOTES are displayed next to a US dollar bill in Neyshabur, Iran on December 30, 2025. The Iranian rial has continued to weaken against the US dollar amid high inflation, currency volatility and ongoing economic pressures linked to sanctions and domestic challenges.

If our olives had eyes: Root & Branch brings Christians to connect with Israel

Dozens of people have participated. We’ve harvested tons of olives and pressed the olives into a pristine oil.

ROOT & BRANCH volunteers rest after a long day of work harvesting olives together.

Trump threatens tariffs on any nation supplying Cuba with oil

US President Donald Trump announces potential tariffs on countries providing oil to Cuba, ramping up pressure on the island’s leadership.

An illustration of the flags of Cuba and the US, with a rift in between.