Iran seizes British-flagged oil tanker — here’s what you need to know about the Strait of Hormuz  MarketWatchThe Strait of Hormuz, the world's most sensitive choke point for global oil supplies, remains in focus. Read more https://www.marketwatch …

Iran Says It Took U.K. Oil Ship as Tanker and Drone Crisis Worsens  NewsweekIran's Revolutionary Guards said that the U.K,-flagged Stena Impero was seized due to "non-observance of the laws and regulations," the latest oil tanker ... Read more ht …

Gibraltar, Iran officials hold talks on seized oil tanker  Yahoo NewsGibraltar (AFP) - Gibraltar's Chief Minister Fabian Picardo said Thursday he had a "constructive and positive" meeting with Iranian officials in London aimed at ... Read more ht …

Mexico Spurns Private Oil-Drilling Partners  The Wall Street JournalMexican President Andrés Manuel López Obrador effectively rolled back key parts of a 2014 constitutional overhaul that ended a state oil-industry monopoly and ... Read more https …

Oil market crisis looks averted – for now  Hellenic Shipping News WorldwideAs recently as a year ago, the oil market was in a panic about changes to the kind of fuel that ships must burn. A senior executive called the switch the. Read more https: …

U.S. oil lets top Korean refiner pivot away from Middle East  Houston ChronicleSouth Korea's biggest oil refiner is looking to buy a wider variety of U.S. crude grades in a move that would reduce its reliance on supplies from the conflict-prone . …

What a gallon of gas cost the year you were born  USA TODAY24/7 Wall St. reviewed data from the U.S. Energy Information Administration to determine the average cost of a gallon of gas every year since 1929. Read more https://www.usatoday.com/stor …

Oil production steady in May, but transportation woes persist  Grand Forks HeraldBISMARCK — Oil production in North Dakota held steady this spring, and state officials say they expect challenges related to the transportation of both oil and ... …

Oil Price Slumps as U.S. and Iran Signal Openness to Negotiations  Barron'sOil prices fell more than 3% on Tuesday afternoon as officials in the U.S. and Iran made initial overtures toward new negotiations. Iran's foreign minister told NBC ... Re …

Oil Slumps as U.S. and Iran Signal They Are Open to Negotiation  Barron'sOil drops more than 3% after State Secretary Pompeo says Iran is ready to negotiate about its missile program  CNBCU.S. oil at lowest in over a week as Pompeo says …