Oil and Gas

An IMF official speaking in an office atrium in the IMF's video release of the October 2026 Global Financial Stability Report

IMF Sees Hormuz Reopening Only in March 2027, and the Gulf Pays for It

The IMF now assumes the Strait of Hormuz will not reopen until March 2027, and the Gulf economies carry the cost: Saudi Arabia is forecast to shrink 3.3 percent this year, Kuwait

October 13, 2026

Business·Economy·News

Illustration of two blue hands steadying a white zigzag line that swings sharply on the left and flattens on the right

Nobel Economics Prize Rewards Models Born of Oil Shocks as Another Bites

The Nobel economics prize went to Robert Hall and Michael Woodford, whose models were built after the 1970s oil shocks. The academy said the work helps governments cope with energy crises, as

October 13, 2026

Economy·News

Saudi Energy Minister Prince Abdulaziz bin Salman and Algeria's Mohamed Arkab seated on stage at the 25th WPC Energy Congress in Riyadh

OPEC Has Cut Oil Demand Growth by 0.2 Million Barrels Six Months Running

OPEC has cut its 2026 oil demand-growth forecast by exactly 0.2 million barrels a day six months running, to 0.2 million, and raised 2027 to 2.55 million. Saudi Arabia supplied roughly three-quarters

October 13, 2026

Business·Economy·News

File photo from Reuters coverage of the Iran crisis as Hormuz attacks intensify and talks stall

Trump Rules Out Iran Strikes Until November as Hormuz Tankers Burn

Fifteen days after UN week raised hopes of a 60-day roadmap, the Iran war is stuck: ships burn in Hormuz, Houthi missiles close Riyadh's airport, and both capitals say the elections do

October 12, 2026

Conflicts, Military and War·News·Reports

Sen. Thom Tillis speaking on NBC's Meet the Press about the Trump administration's Russian diesel license

Senators Say Trump’s Russian Diesel Deal May Break the Law

Sen. Thom Tillis said Sunday there is a legitimate case that President Trump is not following the law by letting Russian diesel into the United States. Treasury says it has the authority;

October 12, 2026

Conflicts, Military and War·Government and Politics·News

Ukrainian President Volodymyr Zelenskyy in a file photograph

Trump Announces Energy Ceasefire, Zelenskyy Says Russian Strikes Continue

President Donald Trump announced an immediate Russia-Ukraine energy ceasefire, but Zelenskyy reported further attacks and offered only reciprocal restraint. Washington’s diesel authorization is documented; Russian acceptance and ceasefire terms remain unconfirmed.

October 12, 2026

Conflicts, Military and War·Government and Politics·News

Riyadh airport image accompanying NBC News coverage of the airport attacks

Houthis Claim Strikes on Two Aramco Sites as Airlines Cancel Riyadh Flights

Riyadh flight cancellations extend into Tuesday as the Houthis claim attacks on Aramco’s Shedgum and Tanajib facilities. Saudi authorities reported another airport attack, but damage or lost production at the named energy

October 12, 2026

Conflicts, Military and War·News

Lead photograph accompanying Al Jazeera's report on the Russian diesel agreement

Easing Diesel Export Ban Will Not Affect Russian Consumers, Novak Says

Russia's partial lifting of its diesel export ban will not affect domestic consumers, Deputy Prime Minister Alexander Novak said, as exports resume under the Putin-Trump deal.

October 10, 2026

Business·Economy·News

Photo illustrating Trump's remarks on Ukrainian strikes on Russian oil refineries

Trump Tells Zelenskyy to Stop Hitting Refineries, Urges New Leader

Trump said Zelenskyy "better damn well stop" striking Russian oil refineries and that Ukraine should get a new president, a day after Washington eased sanctions on Russian diesel.

October 10, 2026

Conflicts, Military and War·Government and Politics·News

NASA satellite view of the Strait of Hormuz between Iran and the Arabian Peninsula, captured December 2, 2020

IRGC Says Oil Tanker Hit Mine and Caught Fire in Strait of Hormuz

Iran's Revolutionary Guards say a crude-oil tanker hit a mine and burned in the Strait of Hormuz after taking an unapproved route. The ship is unnamed and the account unverified.

October 10, 2026

Conflicts, Military and War·News

Oil and Gas- Page 2

IMF Sees Hormuz Reopening Only in March 2027, and the Gulf Pays for It

Nobel Economics Prize Rewards Models Born of Oil Shocks as Another Bites

OPEC Has Cut Oil Demand Growth by 0.2 Million Barrels Six Months Running

Trump Rules Out Iran Strikes Until November as Hormuz Tankers Burn

Senators Say Trump’s Russian Diesel Deal May Break the Law

Houthis Claim Strikes on Two Aramco Sites as Airlines Cancel Riyadh Flights

Easing Diesel Export Ban Will Not Affect Russian Consumers, Novak Says

Trump Tells Zelenskyy to Stop Hitting Refineries, Urges New Leader

IRGC Says Oil Tanker Hit Mine and Caught Fire in Strait of Hormuz

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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