Iraq Denies U.S. Claim Deputy Minister Helped Iran’s Oil Sales | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 08, 2026, 9:30 AM CDT Iraq’s Oil Ministry has denied that its deputy minister was involved in opaque sales of Iraqi oil mixed with Iranian crude...Continue Reading

The semi-official Tasnim news agency reported that Iran has seized an oil tanker, accusing it of “attempting to disrupt oil exports and the interests of the Iranian nation.” Tasnim did not elaborate on the seizure, but Iran’s official state news agency, the Islamic Republic News Agency (IRNA), stated that the Iranian military directed the tanker...Continue Reading

OTC 2026 wrapped up in Houston after four days of discussions focused on offshore growth, energy security and emerging technologies, as global supply disruptions continue to reshape industry priorities. SourceContinue Reading

First Mexican Fuel Oil Cargo in 9 Months Arrives in Asia | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – May 08, 2026, 8:30 AM CDT The first fuel oil cargo from Mexico has just arrived in Asia, in a first...Continue Reading

India’s Inflation Accelerates as High Energy Prices Start to Bite | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – May 08, 2026, 7:30 AM CDT Inflation in India, the world’s third-biggest...Continue Reading

First Oil Tanker Reaches South Korea Through Hormuz Since War Began | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – May 08, 2026, 6:30 AM CDT An oil tanker that had...Continue Reading

China’s Strategic Edge in the U.S.-Iran Crisis | OilPrice.com Premium Content By Editorial Dept – May 08, 2026, 6:30 AM CDT China is one of the few major economies coming out of the Iran shock with potentially more leverage, not less. While the Hormuz blockade decimates Gulf trade routes and energy markets, China’s factories are...Continue Reading

Why the UAE Left OPEC | OilPrice.com Premium Content By Editorial Dept – May 08, 2026, 6:30 AM CDT Politics, Geopolitics & Conflict The military situation around Hormuz remains active even as diplomacy accelerates behind the scenes. US Central Command said Thursday that Iranian forces launched missiles, drones, and small boats toward US naval vessels...Continue Reading

Oil Prices Whipsaw as U.S.-Iran Conflict Shakes Markets | OilPrice.com Premium Content By Editorial Dept – May 08, 2026, 6:30 AM CDT Crude oil prices experienced one of the most volatile trading weeks of 2026 during the period of May 3 through May 7, as traders reacted to the ongoing U.S.-Iran conflict, disruptions in the...Continue Reading

Global Jet Fuel Exports Hit 10-Year Seasonal Low in April | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – May 08, 2026, 5:30 AM CDT Global seaborne jet fuel exports crashed...Continue Reading