Fertilizer Prices Have Doubled Since the Strait Closed | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Apr 29, 2026, 4:00 PM CDT Half of all global...Continue Reading

Hormuz Blockage Boosts Panama Canal Oil Tanker Traffic | 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 Premium Content By Tsvetana Paraskova – Apr 29, 2026, 3:00 PM CDT Asian buyers are increasingly sourcing U.S. crude via...Continue Reading

Venezuelan Crude Will Eventually Lower US Gas Prices: Chevron Exec | OilPrice.com Andrew Topf With over two decades of journalistic experience working in newspapers, trade publications and as a mining reporter, Andrew Topf is a seasoned writer specializing in… More Info Premium Content By Andrew Topf – Apr 29, 2026, 2:00 PM CDT U.S. gasoline...Continue Reading

They may have agreed on a provisional peace agreement last August, but Armenia and Azerbaijan nevertheless each had some of the highest military spending as a share of GDP in the world in 2025, according to data compiled by the Stockholm International Peace Research Institute.  Azerbaijan ranked 6th (6.5 percent) and Armenia 7th (6.1 percent)...Continue Reading

A major fire reportedly broke out on Wednesday at a Russian oil pumping station in the Perm region in the Ural Mountains in a suspected drone attack just a day after Ukrainian President Volodymyr Zelenskyy touted the increasing range and accuracy of Ukrainian drones.  Ukraine’s Security Service (SBU) targeted a production and dispatch station owned...Continue Reading

Pakistan PM: Oil Import Costs Up 167% Since Iran War Began | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Apr 29, 2026, 11:30 AM CDT Pakistan’s Prime Minister Shehbaz Sharif announced on Wednesday that the country’s oil import...Continue Reading

UK Faces Recession Risk as Iran War Threatens Growth and Inflation | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Apr 29, 2026, 11:00 AM CDT U.K....Continue Reading

Phillips 66 Beats Q1 Estimates by $0.88 Per Share as Refining Margins Surge | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Apr 29, 2026, 10:30 AM CDT In an earnings season highlighted by a Middle East conflict that...Continue Reading

Crude oil inventories in the United States decreased by 6.2 million barrels during the week ending April 24, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 459.5 million barrels according to government data, which is still 1% above the five-year average for this...Continue Reading

Barclays Sees UAE Oil Supply Growth Accelerating Post-OPEC | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 29, 2026, 9:30 AM CDT After quitting OPEC and OPEC+, the United Arab Emirates (UAE) is set to grow its oil production faster when the current Hormuz crisis...Continue Reading