Tag: global oil supply
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Iraq Suspends Oil Loading at Basra Terminals After Drone Attack
Iraq has suspended crude oil loading operations at all Basra oil terminals after a drone struck an oil tanker at the Basra Oil Terminal,...
Iran Vows to Continue Oil Exports Despite US Sanctions: Minister
Tehran, Iran - Web Desk: Iran's Oil Minister Mohsen Paknejad has declared that the country's oil exports will continue as normal despite the reimposition...
Global Economy Depends on 3 Vital Maritime Chokepoints
Lahore, Pakistan - Web Desk: The ongoing conflict between Iran and the United States over the Strait of Hormuz has brought into sharp focus...
US Military Denies Iran Claim on Strait of Hormuz Closure
Washington, United States – Web Desk: US CENTCOM says Strait of Hormuz remains open as 55 ships pass safely.
The United States military has...
Three Saudi supertankers pass Hormuz after Iran-US agreement, oil flows rise
Web Desk: Shipping data shows a notable increase in maritime activity in the Strait of Hormuz after the reported Iran–US understanding, with three Saudi-flagged...