Oil

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

India aims to prevent its waters from being used for ship-to-ship transfers that obscure the origin of oil cargoes, a source told Reuters.

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.
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

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.

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

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.

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


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.

Trump eases Venezuela oil sanctions to boost US investment

The Trump administration eases some sanctions on Venezuela’s oil sector, allowing US companies to invest, but excludes firms from China, Russia, and other rivals.

An illustration of oil rigs over a background of a Venezuelan flag.

US handing over seized tanker to Venezuela, officials say

The US hands back the Panama‑flagged M/T Sophia to Venezuela, marking the first reversal of such a seizure under the Trump administration.

The Guinea-flagged oil tanker MT Bandra, which is under sanctions, is partially seen alongside another vessel at El Palito terminal, near Puerto Cabello, Venezuela December 29, 2025; illustrative.