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Search Result for “oil”

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OPINION

Netanyahu's war, Trump's big gamble

Oped, Gwynne Dyer, Published on 04/03/2026

» Donald Trump is not just Benjamin Netanyahu's glove puppet, but it is remarkable how much influence the Israeli prime minister has over the American president. If you are seeking a reason why Mr Trump felt the need to attack Iran again, only nine months after he declared that he had eliminated any nuclear threat from that country, you need look no further.

BUSINESS

Oil jumps 10% on Iran conflict and could spike to $100 a barrel, analysts say

Reuters, Published on 01/03/2026

» LONDON: Brent crude jumped 10% to about $80 a barrel over the counter on Sunday, oil traders said, while analysts predicted that prices could climb ​as high as $100 after U.S. ⁠and Israeli strikes on Iran plunged the Middle East into a new war. 

WORLD

Belgium seizes Russian 'shadow fleet' tanker

AFP, Published on 01/03/2026

» BRUSSELS (BELGIUM) - Belgium's special forces boarded and seized an oil tanker from the "shadow fleet" Russia uses to circumvent Western sanctions over the war in Ukraine, in an overnight operation announced Sunday.

BUSINESS

Ships avoid Hormuz as Iran raises threats, conflict spreads

Published on 01/03/2026

» Oil and gas shipping remains largely paused in the Strait of Hormuz that links the oil-rich Persian Gulf to the open seas, as a regional conflict escalates and Iran cranks up threats to vessels transiting through the chokepoint.

WORLD

Hundreds of ships drop anchor in Middle East Gulf as US war on Iran escalates, data shows

Reuters, Published on 01/03/2026

» LONDON: At least ​150 tankers including ​crude and ‌liquefied natural gas vessels dropped anchor in open Gulf waters beyond ​the ⁠Strait of Hormuz and dozens more were ‌stationary on the other side of the chokepoint, ⁠shipping data showed on Sunday, after U.S and Israeli strikes on Iran plunged the ​region into a new war.

WORLD

Latest developments after US, Israeli strikes kill Iran's Khamenei

AFP, Published on 01/03/2026

» PARIS (FRANCE) - Iranian state television confirmed the death of Iran's supreme leader Ayatollah Ali Khamenei on Sunday, after US President Donald Trump said he had been killed.

THAILAND

Thailand has a two-month oil reserve, says Energy Ministry

Online Reporters, Published on 01/03/2026

» The Ministry of Energy said on Sunday that Thailand has a two-month oil reserve and it will search out alternative sources to ensure energy security if the Iran war escalates to other countries in the Mideast.

WORLD

Strikes on Iran continue after US, Israeli assault kills supreme leader

Reuters, Published on 01/03/2026

» DUBAI/JERUSALEM/WASHINGTON - Israel said it had launched another wave of strikes on Iran on Sunday, as Iranians faced uncertainty after the killing of the supreme leader of the Islamic Republic in US and Israeli attacks ​that threatened to destabilize the wider Middle East.

WORLD

Khamenei killed as US and Israel strike Iran in widening war

Bloomberg News, Published on 01/03/2026

» President Donald Trump said Iran’s supreme leader was killed in US-Israeli airstrikes, raising the stakes in a conflict that’s spiraling across the oil-rich Middle East and disrupting traffic around the Hormuz shipping strait.

BUSINESS

PTT eyes partners across value chain

Business, Published on 28/02/2026

» National oil and gas conglomerate PTT Plc is seeking new business partners, hoping to secure additional funding to strengthen businesses within the PTT Group and create synergies to enhance long-term performance.