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Russia confirmed the interruption of oil flows from Kazakhstan to Germany

"The Germans have given up Russian oil, so they are doing well," Novak said of Europe's decision to cut energy imports from Russia

Tankers convoy departs from the Gulf and passes through the Strait of Hormuz

The convoy consists of four LNG carriers and tankers for the transport of petroleum products and chemicals

Prices are surging for oil and gas as Trump issues threats and Iranians deploy human shields: What markets are betting on

Natural gas prices have doubled compared to the beginning of 2026, setting the tone for wholesale electricity pricing

Iran’s oil windfall amid war with the US & Israel: How it exports up to 2.8 million barrels daily and who keeps buying

According to The Economist, despite the near closure of the Strait of Hormuz and the removal of roughly 15% of global oil supply from the market, Tehran continues to boost its revenues through a complex network of transport and financial transactions

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