Despite mounting fears, there is no confirmation that the Strait of Hormuz has been physically blocked. While some oil and gas majors — along with major trading houses — have temporarily suspended crude, fuel, and LNG shipments following U.S. and Israeli strikes on Iran, traffic through the strategic chokepoint is still flowing. Reuters reports that...Continue Reading

Oil Markets Brace for Volatility As U.S.-Israel Launch Strikes Across Iran | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Feb 28, 2026, 1:17 AM CST The United States and Israel launched a massive, coordinated military strike across Iran, including the...Continue Reading

How America’s Action in Venezuela Guaranteed Guyana’s Oil Future | OilPrice.com Matthew Smith Matthew Smith is Oilprice.com’s Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located… More Info Premium Content By Matthew Smith – Feb 27, 2026, 6:00 PM CST Guyana has become...Continue Reading

U.S. Crude Daily Average Production Falls in December as Bakken Leads Pullback | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Feb 27, 2026, 4:30 PM CST Average daily crude oil production...Continue Reading

Rolls-Royce Doubles Down on Returns With Massive Buyback Plan | 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 – Feb 27, 2026, 3:00 PM CST Revenue climbed 14%...Continue Reading

The Oil Glut That Never Showed Up | OilPrice.com Cyril Widdershoven Cyril Widdershoven is a senior maritime, energy, and geopolitical analyst and Senior Advisor at Blue Water Strategy, specialising in the strategic intersection of shipping, ports,… More Info Premium Content By Cyril Widdershoven – Feb 27, 2026, 1:00 PM CST The widely predicted 2026 oil...Continue Reading

UK Secures Critical Minerals Deal with Kazakhstan to Diversify Supply | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Feb 27, 2026, 1:00 PM CST The UK has signed a critical minerals agreement with Kazakhstan to diversify its supply chains and reduce its...Continue Reading

Germany Plans to Scrap Subsidy for Small-Scale Rooftop Solar | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 27, 2026, 12:31 PM CST Germany plans to abolish fixed feed-in tariffs for small rooftop solar installations as of 2027, saying that falling costs have made the...Continue Reading

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 550 this week, down 43 from this same time last year. The number of active oil rigs fell...Continue Reading

Gulf Oil Producers Open the Taps as Iran Risk Premium Builds | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Feb 27, 2026, 11:30 AM CST As U.S.-Iran tensions climb and talk...Continue Reading