Experts Question Feasibility of Rubio’s Plan to Bypass Strait of Hormuz
Marco Rubio proposes shifting global energy transit away from the Strait of Hormuz, but experts highlight significant pipeline capacity and security challenges.
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Marco Rubio proposes shifting global energy transit away from the Strait of Hormuz, but experts highlight significant pipeline capacity and security challenges.
Showing 1-24 of 105 articles.
world
The agreement ensures a daily crude flow of 750,000 barrels through the Iraq-Turkiye pipeline, following a recent high-level visit and amid regional tensions affecting oil exports.
Al Jazeera | Aug 1, 2026, 5:25 PM
politics
Record U.S. oil and gas production helps mitigate global supply shocks despite ongoing Iran-related concerns.
Daily Caller | Aug 1, 2026, 5:01 PM
world
Asian countries, including Japan, are increasingly relying on Canadian crude oil from the Trans Mountain pipeline as uncertainty over oil supplies through the Strait of Hormuz grows.
Al Jazeera | Jul 30, 2026, 2:29 AM
world
Turkiye aims to receive up to 1 million barrels per day of Iraqi oil after Turkish Petroleum acquires a 15% stake in the BP-operated Kirkuk oilfield, signaling a new energy cooperation framework.
Al Jazeera | Jul 29, 2026, 3:11 AM
world
In response to threats of a naval blockade by Yemen's Houthis, Asian refiners are redirecting Saudi crude shipments through the Suez Canal and around Africa, increasing transit times and costs.
CNA Latest News | Jul 21, 2026, 7:10 PMworld
The US targets Iran’s Revolutionary Guard following missile attacks in Jordan, while Iran retaliates with drone strikes on US bases in Kuwait amid escalating regional tensions.
ABC Australia News | Jul 19, 2026, 5:31 AMworld
Prime Minister Ali al-Zaidi's Washington visit resulted in over $60 billion in agreements spanning energy, healthcare, and technology sectors.
Al Jazeera | Jul 18, 2026, 3:39 PMworld
Iraq partners with Chevron and other Western companies to restore a key oil export route bypassing the Strait of Hormuz amid regional tensions.
Al Jazeera | Jul 17, 2026, 11:01 PMworld
Recent US military actions on Iran’s southern islands have reignited speculation about Washington’s intentions to seize Iranian territory amid ongoing conflict.
Al Jazeera | Jul 15, 2026, 12:09 PM
world
A fire aboard a Qatari liquified natural gas tanker near the Strait of Hormuz underscores the volatility of global energy markets amid ongoing conflict and rising prices in Asia and Europe.
ABC Australia News | Jul 11, 2026, 7:51 PM
world
US President Donald Trump announces a pause in attacks on Iran, citing agreed 'perimeters of a deal' while tensions remain high in the region.
Al Jazeera | Aug 2, 2026, 11:02 AM
general
The agreement aims to diversify Iraq’s oil export routes by increasing shipments through Turkey’s Mediterranean port of Ceyhan, reducing dependence on Gulf shipping lanes.
Washington Times News | Aug 1, 2026, 8:29 PM
world
Iran's reported intervention in shipping through the Strait of Hormuz and regional tensions contribute to a rise in global oil prices.
CNA Latest News | Jul 31, 2026, 4:34 PM
world
Rising oil prices and regional shipping risks threaten to increase costs for millions in Pakistan and Bangladesh, which have limited economic buffers.
South China Morning Post World | Jul 31, 2026, 1:03 PM
general
American and European oil giants see soaring profits as the U.S.-Iran conflict disrupts petroleum shipments through the Strait of Hormuz, pushing global fuel prices higher.
Washington Times News | Jul 31, 2026, 12:16 PM
business
In a widely anticipated decision, the Bank of Japan maintains its benchmark interest rate amid rising crude oil prices and a weak yen, while revising down its inflation outlook for the current fiscal year.
Nikkei Asia | Jul 31, 2026, 5:18 AM
world
A major anchorage area off Malaysia’s coast remains a hub for sanctioned Iranian oil sales, with shipments likely destined for China.
Al Jazeera | Jul 30, 2026, 9:01 AM
world
The United States military conducted extensive strikes on Iran on July 30, 2026, in retaliation for Iranian missile attacks on US forces in Jordan and escalating regional hostilities involving Iran-backed groups.
France 24 English | Jul 30, 2026, 2:54 AM
world
Despite escalating tensions in the Middle East and the spread of the U.S.-Iran war, oil tankers continue to transit key shipping routes, causing fluctuations in oil prices.
CNA Latest News | Jul 30, 2026, 1:13 AM
politics
Brent crude prices climbed to $91 per barrel following missile attacks by Iran on a US base in Jordan, prompting a strong response from President Trump.
The Hill | Jul 29, 2026, 11:33 PM
general
Global oil prices jumped nearly 8% amid geopolitical tensions, while U.S. stock markets experienced significant declines following an Iranian missile attack and President Trump's vow of reprisal.
ABC Top Stories | Jul 29, 2026, 9:15 PM
world
Washington targets eight companies involved in transporting Iranian crude oil to China and the UAE, supporting a naval blockade on Iran.
South China Morning Post World | Jul 29, 2026, 6:29 PM
world
The blockade of the Strait of Hormuz amid the US-Israel conflict with Iran has stopped commercial shipping to Iraq’s only deep-water port, severely impacting the country’s economy.
Africanews | Jul 29, 2026, 5:45 PMShowing 1-24 of 105 articles.