8+ hour, 7+ min ago   (173+ words) A disruption to a key Saudi oil pipeline could affect about four percent of global oil supply if pumping is not restored within days, Saudi oil buyers and traders told Reuters. Oil traders warned that Saudi Arabia’s stocks held for…...

18+ hour, 51+ min ago   (275+ words) Saudi Arabia reported its lowest monthly oil production of 2026 to OPEC, cutting output to 6.2 million barrels per day in August following threats from Yemen's Houthi rebels against shipping off the kingdom's west coast. Data published in OPEC's report on Thursday…...

2+ week, 7+ hour ago   (231+ words) US President Donald Trump said Sunday that he will use Venezuelan oil to replenish his country’s Strategic Petroleum Reserve, describing the crude as a "Gift from Venezuela to the People of the United States." In a post on Truth Social,…...

2+ week, 9+ hour ago   (1639+ words) Iran’s President Masoud Pezeshkian has admitted that US sanctions on his country are hurting its economy, despite just days ago insisting they would achieve nothing. “Some say sanctions have no effect at all; to those people, I really don’t know…...

2+ week, 4+ day ago   (221+ words) US Treasury Secretary Scott Bessent reaffirmed Washington's commitment to protecting the global financial architecture while neutralizing economic threats from Tehran, issuing a series of strict warnings regarding Iran's attempt to disrupt international trade. The US Department of the Treasury declared…...

2+ week, 6+ day ago   (576+ words) The United States has launched what Treasury Secretary Scott Bessent described as an "economic isolation" campaign against Iran, targeting companies, vessels and financial networks accused of supporting Tehran. Speaking at a press conference Monday, Bessent said the campaign was launched…...

3+ week, 2+ hour ago   (143+ words) Iran said on Sunday it had discovered more than 200 billion cubic metres of natural gas, months into the Middle East war that has hit the country's energy infrastructure and production. "New gas reserves were discovered in the south of Fars…...