The Armenian government approved a bill on July 16 to formalize the country’s role in the development of the Trump Route for International Peace and Prosperity, or TRIPP, which is envisioned as a key node in the emerging Middle Corridor trade network. The bill affirms the development guidelines specified in a framework agreement signed by US and...Continue Reading

U.S. Expands Iran Strikes as Tehran Retaliates Across the Gulf | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Jul 17, 2026, 9:00 AM CDT U.S. forces...Continue Reading

ConocoPhillips has agreed to acquire a 42% interest in bp’s Kirkuk joint venture, supporting the redevelopment of four producing oil fields in northern Iraq. The project includes more than 3 Bboe of recoverable resources and additional exploration potential. SourceContinue Reading

China to Hike Retail Gasoline and Diesel Prices as Oil Jumps 12% in a Week | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 17, 2026, 8:30 AM CDT Following the surge in international crude oil prices in the past week, China will raise the...Continue Reading

By Editorial Dept – Jul 17, 2026, 8:30 AM CDT Iran has instructed Yemen’s Houthis to prepare to disrupt the Red Sea oil route if the United States attacks Iranian power infrastructure. Missiles and drones have reportedly been deployed near the Bab el-Mandeb Strait, with Houthi forces awaiting an order (reportedly from the IRGC itself)...Continue Reading

Baghdad Bets on Syria and Turkey Pipelines to Secure Oil Exports | OilPrice.com Premium Content By Editorial Dept – Jul 17, 2026, 8:30 AM CDT Politics, Geopolitics & Conflict Baghdad is assembling a westward export system capable of carrying southern Iraqi crude to the Mediterranean through Syria or Turkey. Iraq has brought Chevron, U.S. investment...Continue Reading

Geopolitical Risk Premium Returns as Crude Posts Biggest Weekly Gain in Months | OilPrice.com Premium Content By Editorial Dept – Jul 17, 2026, 8:30 AM CDT September WTI crude oil posted its strongest weekly gain in months, rallying over 11% as traders rapidly rebuilt a geopolitical risk premium into the market. After opening the week...Continue Reading

China Seeks Long-Term LNG Deals Beyond the Strait of Hormuz | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 17, 2026, 7:30 AM CDT China’s giant state LNG importers are in talks to secure long-term LNG supplies from exporters that don’t need the Strait of...Continue Reading

South Korea Bets on Red Sea Route as Hormuz Disruptions Persist | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 17, 2026, 6:30 AM CDT Since the Iran war disrupted shipments through the Strait of Hormuz in early March, South Korea has been increasingly betting...Continue Reading

Japan’s LNG Giant Weighs U.S. IPO to Accelerate Global Expansion | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 17, 2026, 5:30 AM CDT JERA, the biggest Japanese LNG importer and largest power producer, is studying a potential listing in the United States as part...Continue Reading