Hormuz Draft Agreement Reportedly Awaits Khamenei Approval | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 05, 2026, 10:38 AM CDT Oil markets are awaiting a decision from Iran’s supreme leader after Iranian and Omani negotiators reportedly completed a draft agreement that could reopen the...Continue Reading

India Weighs Gas Levy to Bankroll $42 Billion Fuel Reserve Plan | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 05, 2026, 10:30 AM CDT Just a day after details emerged of India’s plans to expand strategic crude oil storage, new reports claim New Delhi...Continue Reading

Crude oil inventories in the United States saw an increase of 2.5 million barrels during the week ending July 31, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The increase brings commercial stockpiles to 407 million barrels, according to government data, which are now 6% below the five-year average...Continue Reading

Hormuz Bottleneck Pushes Indian Refiners Toward West African Grades | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 05, 2026, 9:30 AM CDT Several Indian refiners have recently bought crude from Oman and West Africa via tenders, trade sources told Reuters on Wednesday, as term...Continue Reading

Ukraine Calls for Faster Patriot Deliveries After Deadly Russian Missile Barrage | 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 – Aug 05, 2026, 9:00 AM CDT Russia...Continue Reading

Iraq-Syria Pipeline to Bypass Hormuz Could Be Revived Within 3 Years | 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 – Aug 05, 2026, 8:30 AM CDT An...Continue Reading

Houthis Claim Ballistic Missile Hit on Saudi Oil Tanker in Red Sea | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 05, 2026, 7:30 AM CDT The Iran-aligned Houthi group in Yemen on Wednesday claimed a “precise hit” on a Saudi oil tanker in the...Continue Reading

Oil Price Rally Boosts Glencore’s First-Half Profit | 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 – Aug 05, 2026, 6:30 AM CDT Commodity producing and trading giant...Continue Reading

U.S. Moves to Keep Tungsten Scrap and Battery Metals at Home | 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 – Aug 05, 2026, 5:30 AM CDT The...Continue Reading

Red Sea Attack Sinks India-Flagged Cargo Vessel Off Yemen | 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 – Aug 05, 2026, 4:30 AM CDT An India-flagged tanker...Continue Reading