UAE Running Ghost Tankers Through Hormuz to Escape Iran’s Blockade | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – May 07, 2026, 12:00 PM CDT ADNOC moved at least 6 million barrels of Upper Zakum and Das crude through the Strait of Hormuz...Continue Reading

Chinese Firm Takes U.S. Banks to Court Over Pre-Sanction Payment Freeze | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 07, 2026, 11:30 AM CDT Chinese fuel trader HY Energy is suing U.S. banking giants JP Morgan and Citigroup for blocked payments to a Chinese...Continue Reading

Oil Supply Shock Worsens amid Plunging Petroleum Inventories | 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 – May 07, 2026, 11:00 AM CDT Global crude oil and fuel inventories are crashing...Continue Reading

IEA: Tight Gas Markets Will Last Through 2030 | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – May 07, 2026, 10:30 AM CDT The war in Iran and the subsequent loss of LNG supply from the Middle East are altering the...Continue Reading

How Iran Is Bypassing the Strait of Hormuz Blockade | 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 – May 07, 2026, 10:00 AM CDT Iran is importing...Continue Reading

EU: Airlines Should Pay Passengers for Cancelations due to Fuel Price Surge | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – May 07, 2026, 9:30 AM CDT Airlines will have to continue reimbursing travelers if they cancel flights due to high...Continue Reading

Iran’s Oil Industry Under Pressure as U.S. Naval Blockade Begins to Bite | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – May 07, 2026, 9:00 AM CDT An Iranian source reportedly acknowledged that the U.S. naval blockade is severely damaging its economy and...Continue Reading

Angola’s First New Refinery in 50 Years Ships Its First Fuel Cargoes | 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 Related News By Tsvetana Paraskova – May 07, 2026, 8:30 AM CDT The Cabinda oil refinery...Continue Reading

EU Imports of Yamal Gas Hit Record Ahead of Ban on Russian LNG | 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 Related News By Tsvetana Paraskova – May 07, 2026, 7:30 AM CDT The EU boosted...Continue Reading

Oil Prices Waver as Market Weighs Chances of U.S.-Iran Deal | 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 Related News By Tsvetana Paraskova – May 07, 2026, 5:00 AM CDT Front-month Brent Crude futures dropped to...Continue Reading