Business The country likely winning from Iran's Hormuz gambit? Russia The world's most critical shipping chokepoint is becoming a geopolitical battleground — and Russia may be the unlikely winner. 06/03/2026
Economy US offers India 30-day waiver to buy stranded Russian oil The United States has issued a temporary 30-day waiver allowing Indian refiners to purchase Russian crude oil currently stranded at sea, as disruptions from the Iran conflict threaten global energy supplies. 06/03/2026
Markets Crypto's 24/7 platforms dominated Iran war trading when markets closed Over the weekend, as US and Israeli strikes on Iran unfolded, decentralised crypto exchanges operating around the clock became the primary venue for real-time price discovery in oil, gold and other assets. 05/03/2026
Business What does the US-Israel attack on Iran mean for oil prices? The US and Israel launched a joint operation at Iran on Saturday morning. Iran retaliated as it had threatened, with explosions reported in the United Arab Emirates, Qatar, Bahrain and Kuwait, risking a wider conflict across the region. 28/02/2026
Climate Is Germany backtracking on its renewable climate targets? A revision of an existing law will now allow homeowners to use oil and gas as heating fuel instead. 26/02/2026
Slovakia Slovakia's Fico threatens to cut off electricity supply to Ukraine Prime Minister Robert Fico has said he will to cut off his country's emergency electricity supply to Ukraine unless Kyiv resumes pumping Russian oil to Slovakia. 21/02/2026
World News US boards Venezuela-linked oil tanker in the Indian Ocean US Department of Defense says Aquila II was intercepted after defying the Trump administration's blockade of oil shipments to and from Venezuela. 10/02/2026
Europe News Why the EU wants to end the price cap on Russian oil The 20th package of EU sanctions against Moscow foresees a blanket ban on maritime services. If approved, it would discard the price cap on Russian oil that Western allies have applied since 2022. 09/02/2026
Europe News EU seeks G7 input on price cap before next round of Russia sanctions The price cap on Russian oil could drastically change if the EU moves ahead with a full ban on maritime services, as proposed by Finland and Sweden. 06/02/2026
Spain Tanker with Russian oil products loses steering off Spanish coast A Mozambique-flagged tanker with Russian oil is drifting off Almería's coast. Environmentalists are concerned about potential spills impacting marine life and tourism. 29/01/2026
Republic of the Congo Two Norwegians charged over multimillion bribes to Congo president Norwegian citizens and an oil firm face charges for allegedly bribing Congo's President Sassou Nguesso with $25m for offshore oil rights in 2016. 26/01/2026
Azerbaijan Armenia reshapes its pricing system as it continues to import Azerbaijani fuel Two fuel shipments from Azerbaijan to Armenia in recent months have made groundbreaking changes - not only to the reconciliation process between the countries, but to reshaping the Armenian market by driving local prices down. The country once relied solely on Russia and Iran for energy supplies. 22/01/2026
Economy The barrel and the bargain: Venezuela's oil after Maduro Output can rise with capital and access — but Venezuela’s oil story has never been just technical. Sovereignty, revenue flows, and who controls where the crude goes are just as important. 20/01/2026
USA US seizes sixth sanctioned tanker in effort to control Venezuela's oil Trump met with executives oil companies last week to discuss his goal of investing €86 billion in Venezuela to repair and upgrade its oil production and distribution. 15/01/2026
Venezuela Venezuela's acting president vows to release more political prisoners Delcy Rodríguez served as Maduro's vice president since 2018, running Venezuela's feared intelligence service and managing its crucial oil industry. 14/01/2026
Venezuela Venezuela's 'black gold' allies: How China, Russia and Iran are linked From 1999 onwards, successive governments pursued a strategy linking foreign policy, state financing and the management of the country's main industry. The result was a network of bilateral alliances that channelled much of Venezuela's crude outside conventional buying and selling circuits. 13/01/2026
Earth News Why boosting Venezuela's oil production could skyrocket pollution Even a modest increase in Venezuelan oil production could carry climate consequences on the scale of entire countries, experts warn. 12/01/2026
USA US seizes another tanker triying to break Venezuela naval blockade The Olina seized Friday is "another 'ghost fleet' tanker ship suspected of carrying embargoed oil," US Homeland Security Secretary Kristi Noem said. 09/01/2026
USA Trump says US could run Venezuela and control its oil for years US special forces snatched president Maduro and his wife in a lightning raid on Saturday and whisked them to New York to face trial on drug and weapons charges. 08/01/2026
Venezuela US to 'dictate' Venezuelan oil sales amid further tanker seizures Washington announced its control over Venezuela's oil sales after capturing two tankers transporting sanctioned crude and capturing Nicolás Maduro. 08/01/2026