Kharg Island is a tiny outpost in the Persian Gulf, but it handles around 95% of Iran’s oil exports, making it the country’s financial jugular vein. The island can load multiple supertankers at once ...
Sanctioned tankers disguised as Iraqi vessels are moving hundreds of millions of dollars in Iranian crude as President Donald Trump doubled down on the port blockade to squeeze Tehran’s oil lifeline, ...
Kharg Island, which processes around 90% of Iran's energy exports, has roughly 13 million barrels of spare onshore storage remaining at current inflow rates of 1.0-1.1 million bpd -- putting ...
This week, over 50 countries are joining forces to move the needle on what is proving to be one of the world’s most urgent needs: to overcome dependence on fossil fuels. As decision-makers gather in ...
Iran is scrambling to get a massive crude carrier to Kharg Island, in a sign that President Trump’s blockade is bringing the regime’s oil-critical hub — which controls roughly 90% of Iranian crude oil ...
BP suffered a shareholder revolt at its AGM over the election of a new chair and resolutions that included dropping some climate disclosure obligations. Albert Manifold was elected with 81.8%. Chairs ...
President Donald Trump increases economic pressure on Iran, with US forces boarding a third oil tanker in the Indian Ocean. Treasury Secretary Scott Bessent highlights how Kharg Island oil storage is ...
Failure's Ken Andrews, Greg Edwards and Kellii Scott discuss Hayley Williams' guest vocals on their 7th LP before pondering the future: "I don't take it for granted that we will continue from here.” ...
An American archaeologist thinks he may know where the lost Ark of the Covenant is hidden, and is hoping to mount a search to find it. Dr. Jones — err, Professor Chris McKinny — believes the Lost Ark ...
The Middle East war has removed around 500 million barrels of oil supply (~$50B), with disruptions driven by the closure of the Strait of Hormuz. Global supply and inventories are tightening sharply, ...
An estimated $50 billion in oil has not been produced since the war in Iran began, according to a Reuters analysis. Some facilities have been damaged in the war, and other producers have paused ...