News Live

European Commission: Energy import costs have risen by more than 100 billion euros.

New satellite imagery shows Iran rapidly working to rebuild the Minzadehei nuclear weapons development compound, located on the northeastern outskirts of Tehran, which was previously struck by Israel. Images from September and October 2026, analyzed by the Institute for Science and International Security (ISIS), show significant renewed vehicle activity, debris cleanup, and earth-moving operations at the site following the earlier damage

US Vice President JD Vance told Reuters in an interview while Iran periodically strikes commercial ships in the Strait of Hormuz, it's largely unable to prevent oil exports through the waterway

Pakistan negotiated with Iran for safe passage for a Qatari LNG shipment through Hormuz, helping to ease their energy shortfall The shipment could arrive in Karachi as soon as today, according to ship-tracking data

Venezuela's Cardón Oil Refinery, the country's second-largest, exploded and caught fire today. The facility has reportedly halted operations, per Reuters

Bessent: Iran has a new oil minister. Considering Iran has not loaded a single barrel of crude onto a vessel since August 25th, what is the oil minister managing

Trump: Oil prices will fall once the Iran war ends

An open oil fire continues in the Black Sea following the attack on the Liberian tanker Aframax Rio, the Ministry of Transport reported. Firefighting efforts will begin once the fire's intensity subsides and rescue vessels can safely approach the tanker. The ministry stated that it has sufficient resources to deal with the aftermath

Large fire erupts at Saudi Aramco refinery in Jeddah as result of Houthis strikes

Vessel is on fire near Sochi

Saudi Arabia is pumping 5.8m barrels in 24 hours through its key cross-country East-West pipeline, Energy Minister Prince Abdulaziz bin Salman said — the first official announcement on the conduit's flow after an attack in early September. Pre-attack, the pipe carried ~7m barrels in 24 hours

Vitol CEO Russell Hardy estimates that ~14m barrels in 24 hours have crossed the Strait of the Hormuz on average over the last 7-10 days (~12m barrels in 24 hours of crude and ~2m barrels in 24 hours of refined products)

White House widens access to tax-exempted diesel, which normally is restricted to non-road uses like farming (dyed diesel), in a bid to reduce fuel coast ahead of the U.S. midterm elections. The new rule allows dyed diesel use on highways until year-end

Fuel from South Korea being shipped to Russia as Ukraine war grinds on Guardian analysis finds more than 150,000 tonnes of fuel was shipped to Russian ports in July and August, some using sanctioned tankers

Drones have attacked Volodarskaya oil pumping station in Moscow region

UK Maritime Trade Operations: Unidentified projectile hits vessel in Strait of Hormuz, causing fire in engine room. Crew working to extinguish fire, no reports of injuries or environmental impact

Trump says Ukraine's strikes on Russia, not Iran war, driving up oil prices

Smoke plumes rise from the Saudi Aramco refinery in Jeddah.

UKMTO: UKMTO has received a time-late report of an incident within the Strait of Hormuz. A verified source has reported that a Crude Oil tanker has been struck by unknown projectiles. Authorities are investigating. Vessels are advised to transit with caution and report any suspicious activity to UKMTO

The UKMTO reports a tanker complied with orders by the IRGC to turn back in the Strait of Hormuz otherwise it would be targeted

Oil flows in Saudi Arabia's East-West pipeline were halted again following a Houthi attack on a pumping station east of Riyadh, according to AFP. "There was big damage and the pipeline stopped again," a source told AFP

Japanese chief cabinet secretary Minoru Kihara said on Monday that there are no plans for a fresh release of crude oil from national reserves as the country had already released crude supplies, despite a G7 agreement to release 100 million barrels of diesel and crude from emergency reserves. "There are no plans to carry out a further release," Kihara said at a news conference

Iran's oil minister has resigned, according to Iranian state media

Iran is considering a Russian offer to take custody of its uranium enriched to 60%, but will make a final decision based on its national interests, the foreign ministry spokesman said on Sunday. Esmaeil Baghaei said Moscow had previously proposed ways to reduce tensions and that Iran was willing to hear its suggestions. He added that Iran regularly consults with Russia on nuclear issues and coordinates with Moscow and Beijing if new developments arise. He described relations between Tehran and Moscow as good, saying the two countries also maintain regular coordination through BRICS and the Shanghai Cooperation Organization

Houthis: we've conducted a major military operation targeting Aramco in Riyadh using ballistic missiles and drones.

Massive fire at M & M Waste Oil Service in Greer, South Carolina

Major fire at M & M Waste Oil Service on E Wade Hampton Boulevard in Greer, South Carolina

Houthis launched missile attacks on Saudi capital Riyadh's oil refineries and facilities.

Houthis forces launch attacks on Saudi oil refineries in the capital Riyadh; plumes of smoke rise from the facilities

The U.S. Coast Guard says it intercepted two vessels carrying fuel to Cuba as the Trump administration tightens its fuel blockade. The Grace, a roughly 300-foot cargo ship, was stopped on Sept. 5 between Cuba and Mexico after allegedly using "dark fleet" tactics. Earlier this summer, the Coast Guard also seized the Jaira Provider, carrying about 210,000 gallons of fuel. The blockade has sharply reduced Cuba's fuel imports, contributing to nationwide blackouts and shortages