Oil and Gas | The Eastern Herald

US Navy vessels and oil tankers in the Strait of Hormuz during escalating tensions with Iran in 2026

US Intelligence Reportedly Warns Iran Can Resist Hormuz Blockade for Months Despite Trump’s Victory Claims

WASHINGTON (SPUTNIK) — Classified US intelligence assessments presented to the White House this week have reportedly concluded that Iran remains capable of withstanding a US naval blockade in the Strait of Hormuz

May 7, 2026

Conflicts, Military and War·News

Shell headquarters in London as global oil markets react to Iran conflict

Shell Reaps Billions From Iran War Oil Shock, Energy Markets Spiral

Shell posted its strongest quarterly profit in nearly two years on Thursday, reporting a massive surge in earnings as the expanding Iran war sent oil and gas markets into turmoil and triggered

May 7, 2026

Business·Economy·News

Oil tankers transit through the Strait of Hormuz amid rising US-Iran tensions and global energy market fears

US Pressure on Iran Sparks Global Energy Panic, Strait of Hormuz Fears Shake Markets

The global economy is once again confronting the specter of an energy shock, as escalating tensions between Washington and Tehran send oil markets into a state of extreme volatility and threaten the

May 7, 2026

Conflicts, Military and War·News

Traders react as AI stocks surge and oil prices fall amid Iran diplomacy optimism

Wall Street Bets Big on Iran Calm, AI Stocks Trigger Record Market Frenzy

Wall Street’s most powerful rally of the year began with fear. For days, traders watched oil markets convulse as military tensions around the Strait of Hormuz threatened to spiral into a broader

May 7, 2026

Business·Economy

Donald Trump and Strait of Hormuz tanker crisis during US-Iran tensions

Trump Halts Hormuz Offensive, US Edges Toward Iran’s Phased Peace Formula

For weeks, the Trump administration insisted that any diplomatic settlement with Iran would require immediate concessions on Tehran’s nuclear program, missile infrastructure, and regional military posture. But after months of escalating confrontation

May 7, 2026

Conflicts, Military and War·News

Oil tankers stranded near the Strait of Hormuz during the US-Iran crisis

Oil Prices Crash, Reports Signal US-Iran Deal to Reopen Hormuz Strait

Global oil markets suffered one of their sharpest selloffs of the year on Wednesday after reports emerged that the United States and Iran were moving closer to a possible agreement aimed at

May 7, 2026

Government and Politics·News

President Donald Trump escorted by Secret Service after shooting at White House Correspondents’ Dinner in Washington

US Quietly Renews BP Waiver for Dealings With Iranian and Russian Energy Firms

WASHINGTON (SPUTNIK) — The attempted assassination of US President Donald Trump at the White House Correspondents’ Dinner has evolved from a shocking act of political violence into a disturbing reflection of the

May 7, 2026

Government and Politics·News

US airlines aircraft grounded amid jet fuel crisis and rising oil prices in 2026

US Airlines Hit by $5 Billion Fuel Shock, Iran Crisis Sends Jet Costs Soaring

The US airline industry is facing one of its most severe cost pressures in years as jet fuel expenses surged past $5 billion in March, driven by escalating instability in the Middle

May 7, 2026

Business

Oil tankers move through the Strait of Hormuz during heightened tensions between Iran and the US

Araghchi’s Beijing Mission Raises China’s Stakes in the US-Iran War

Iranian Foreign Minister Abbas Araghchi arrived in Beijing on Wednesday carrying far more than diplomatic talking points. His visit placed China at the center of one of the most dangerous geopolitical confrontations

May 6, 2026

Government and Politics·News

Firefighters respond after Russian missile and drone strikes hit Zaporizhzhia ahead of Victory Day celebrations in Moscow

Before Victory Day, Russia Tightens Its Grip on the War

Russian forces launched one of their heaviest waves of strikes in weeks across southern and eastern Ukraine on Tuesday night, battering the strategic region of Zaporizhzhia just days before Moscow’s Victory Day

May 6, 2026

Conflicts, Military and War·News

Oil and Gas- Page 29

US Intelligence Reportedly Warns Iran Can Resist Hormuz Blockade for Months Despite Trump’s Victory Claims

Shell Reaps Billions From Iran War Oil Shock, Energy Markets Spiral

US Pressure on Iran Sparks Global Energy Panic, Strait of Hormuz Fears Shake Markets

Wall Street Bets Big on Iran Calm, AI Stocks Trigger Record Market Frenzy

Trump Halts Hormuz Offensive, US Edges Toward Iran’s Phased Peace Formula

Oil Prices Crash, Reports Signal US-Iran Deal to Reopen Hormuz Strait

US Quietly Renews BP Waiver for Dealings With Iranian and Russian Energy Firms

US Airlines Hit by $5 Billion Fuel Shock, Iran Crisis Sends Jet Costs Soaring

Araghchi’s Beijing Mission Raises China’s Stakes in the US-Iran War

Before Victory Day, Russia Tightens Its Grip on the War

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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