Trump Deal Resumes Iran Oil Sales Immediately | OilPrice.com Julianne Geiger What I Cover Julianne Geiger is a veteran energy journalist and market analyst with more than a decade of experience covering the global oil and… More Info Related News By Julianne Geiger – Jun 16, 2026, 12:30 PM CDT Iran won’t have to wait...Continue Reading
The tentative U.S.-Iran deal and the expected drop in oil prices amid increasing flows from the Middle East are set to help narrow India’s trade deficit, which held at relatively high levels in April and May due to the crude price shock. Higher refined petroleum products helped India’s trade deficit narrow slightly to $28.21 billion...Continue Reading
Hormuz Reopens as Traders Price Out the War Premium | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics and later completed an Executive MBA in Energy Transition at the University of Groningen.… More Info Premium Content By Tom Kool – Jun 16, 2026, 11:05 AM CDT The U.S.-Iran agreement...Continue Reading
The extended disruption caused by the US-Iran conflict highlights a need for diversifying energy export routes to reduce dependency on shipping via the Strait of Hormuz. A new initiative launched by the Washington, DC-based New Lines Institute seeks to develop Syria and Turkey into major energy distribution hubs. The Four Seas Initiative outlines an expansive...Continue Reading
U.S. EV Adoption Slows While Global Demand Accelerates | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 16, 2026, 10:30 AM CDT Electric vehicle sales in the United States are set to account for only 17% of all nationwide passenger vehicle sales in 2030, BloombergNEF...Continue Reading
Australian LNG Strike Threatens Global Gas Supply as Qatar Recovery Lags | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 16, 2026, 9:30 AM CDT The ongoing strike action at Australian LNG facilities of Inpex is expected to disrupt operations significantly, a senior official at...Continue Reading
U.S. and Iran Digitally Sign Peace Deal to Reopen Strait of Hormuz | 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 – Jun 16, 2026, 9:00 AM CDT...Continue Reading
Dubai and Murban Crude Signal End of Middle East Supply Crunch | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 16, 2026, 8:30 AM CDT The benchmark crude grades of the Middle East have slumped this week as the U.S.-Iran deal raises hopes that supply...Continue Reading
Qatar Eyes Quick LNG Restart Once Hormuz Reopens | OilPrice.com Tsvetana Paraskova What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… More Info Related News By Tsvetana Paraskova – Jun 16, 2026, 7:30 AM CDT Qatar prepares to quickly...Continue Reading
India’s ONGC Considers Resuming Venezuela Oil Operations | OilPrice.com Tsvetana Paraskova What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… More Info Related News By Tsvetana Paraskova – Jun 16, 2026, 6:30 AM CDT ONGC Videsh Ltd (OVL), the...Continue Reading
