Oil
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How the Petroleum Industry Transforms Crude Oil Into Fuel and Drives the Global Economy
Explore how the global petroleum industry operates across upstream, midstream, and downstream sectors to refine crude oil into…
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Houthi Push Near Bab al-Mandab Threatens Trade and Oil
DUBAI, September 13 — Iran-backed Houthi fighters have seized territory close to the Bab al-Mandab Strait, the narrow…
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U.S. Strikes Iranian Oil Tankers Under New ‘Tanker for Tanker’ Policy
WASHINGTON — The Pentagon announced and began implementing a new “tanker for tanker” policy, authorizing U.S. naval forces…
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The 1980s Tanker War in the Gulf and Its Lessons for US Navy Escorts Today
DUBAI, July 31 — The Iran-Iraq War, a protracted and devastating conflict spanning much of the 1980s, left…
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The 1980s Tanker War casts a long shadow over renewed Hormuz tensions
MANILA, July 20 — The long shadow of the 1980s Tanker War falls across today’s standoff in the…
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Ukrainian Drones Hit Two Oil Refineries in Ufa, 1,500 km From Front
KIEV, March 23 — The shift is unmistakable: Ukraine is taking the war deep into Russian territory, and…
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Strait of Hormuz: Geography, Traffic, and Strategic Importance
ABU DHABI, July 13 — A narrow ribbon of water, just 21 miles wide at its narrowest, carries…
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Zelensky Says Drones Hit Omsk Refinery as Russian Refining Capacity Falls
MOSCOW, July 13 — Against this backdrop of grinding war and tightening Western sanctions, Ukrainian drone strikes on…
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Zelensky Says Ukrainian Strikes Cut Oil Shipments at Three Russian Ports
MOSCOW, July 13 — The shift is unmistakable. Ukraine’s campaign of strikes on Russian oil infrastructure has carved…
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Strait of Hormuz: What the 1980s Tanker War Reveals About a Chokepoint Under Threat
TEHRAN, July 13 — The Strait of Hormuz, a narrow waterway that has long been a flashpoint in…
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Trump Reimposes Blockade of Iranian Ports and Threatens Power Plants and Bridges
WASHINGTON — President Donald Trump’s administration has announced a new escalation in its standoff with Iran, effectively restarting…
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Strait of Hormuz Shut for 94 Days as Oil Passes $120 a Barrel
TEHRAN, July 12 — The Strait of Hormuz sits at the center of a legal gray area that…
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Strait of Hormuz: Geography, Depth, and Traffic Patterns Explained
TEHRAN, July 12 — A narrow waterway that most people in Asia never see is quietly responsible for…
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Ukraine’s Drone Strikes Widen From Azov Shipping to a Russian Cargo Ship Off Crete
KYIV, July 12 — Ukraine has expanded its campaign of naval drone and missile strikes from Russian warships…
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Can Pipelines Replace the Strait of Hormuz? What Gulf Bypass Routes Can Carry
ISLAMABAD, July 12 — A new analysis of global oil transit routes offers a sobering look at the…
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Iran Says Tankers Caught Fire in Strait of Hormuz as Qatari Mediators Return to Tehran
TEHRAN, July 12 — The term “Tanker War” sounds like something out of a history book, but for…
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Iran Orders Strait of Hormuz Fully Closed Again After Days of US Strikes
TEHRAN — The Islamic Revolutionary Guard Corps Navy has shut the Strait of Hormuz, a move that halts…
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Ukrainian Drones Hit Russian Refineries After Short-Lived Energy Ceasefire
KYIV, July 11 — The shift is becoming unmistakable: Ukraine has turned the targeting of Russian oil refineries…
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Iran Told Trump Advisers Firing on Ships in the Strait Was a Mistake, Officials Say
WASHINGTON, July 11 — In a rare moment of backchannel candor, Iran privately admitted to advisers of former…
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Iran Told Trump Advisers Strait Attacks Were a Mistake
DUBAI, July 11 — The figure that matters: 20%. That is the share of the world’s petroleum that…
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White House Backs Bipartisan Bill on Heavy Tariffs for Buyers of Russian Oil
WASHINGTON, July 10 — Against this backdrop of a grinding war in Ukraine and volatile energy markets, a…
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Ukrainian drones set fire to refinery, fuel depots and port in southern Russia
MOSCOW, July 10 — Against the backdrop of a grinding conflict, a quieter but potentially more enduring crisis…
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Ukrainian Drones Set Two Tankers Ablaze in Sea of Azov and Hit Russian Oil Depots
MOSCOW, July 10 — Ukrainian drone strikes have set multiple oil tankers ablaze and inflicted significant damage on…
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Ukrainian Drones Spark Fires at Russian Refinery, Fuel Depots and Taganrog Port
MOSCOW, July 10 — The shift is not in what Vladimir Putin says, but in what he can…
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