The Times of Israel https://www.timesofisrael.com/topic/oil-exports/ News from Israel, the Middle East and the Jewish World Sun, 20 Sep 2026 10:47:17 +0000 en-US hourly 1 https://static-cdn.toi-media.com/www/uploads/2018/11/toi_icon_512-200x200.png oil exports | The Times of Israel https://www.timesofisrael.com/topic/oil-exports/ 32 32 Price of oil rises as Iran talks remain stalled and Strait of Hormuz closed https://www.timesofisrael.com/price-of-oil-rises-as-iran-talks-still-stalled-strait-of-hormuz-closed/ Wed, 29 Apr 2026 13:13:03 +0000 https://www.timesofisrael.com/?p=3812730 Financial expert says US blockade of Iranian ports strains oil system, with consequences for future prices, while Qatar warns of 'frozen conflict' if resolution is not found

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]]> UAE says it will withdraw from OPEC and OPEC+, in historic blow to global oil cartel https://www.timesofisrael.com/uae-says-it-will-withdraw-from-opec-and-opec-in-historic-blow-to-global-oil-cartel/ Tue, 28 Apr 2026 13:55:04 +0000 https://www.timesofisrael.com/?p=3811936 UAE energy minister says no direct consultations held on leaving cartels, including with Saudis; Gulf oil producers already struggling with exports due to Iran's Hormuz blockade

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]]> Oil prices plunge, stocks surge against backdrop of Iran ceasefire https://www.timesofisrael.com/oil-prices-plunge-stocks-surge-against-backdrop-of-iran-ceasefire/ Wed, 08 Apr 2026 16:25:00 +0000 https://www.timesofisrael.com/?p=3797685 Wall Street's three main indexes jump more than two percent, but oil prices are still significantly higher than prewar rates, as threat remains of war resuming

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]]> Oil prices jump over 7% after Trump vows to continue strikes on Iran https://www.timesofisrael.com/oil-prices-jump-over-7-after-trump-vows-to-continue-strikes-on-iran/ Thu, 02 Apr 2026 13:42:09 +0000 https://www.timesofisrael.com/?p=3793468 Brent crude futures head for biggest daily gains in weeks, as markets fear Strait of Hormuz will remain closed

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]]> Daily Briefing Mar. 24: Trump shocks, and dismays, with news of Iran talks https://www.timesofisrael.com/daily-briefing-mar-24-trump-shocks-and-dismays-with-news-of-iran-talks/ Tue, 24 Mar 2026 12:07:12 +0000 https://www.timesofisrael.com/?p=3785904&preview=true&preview_id=3785904 US bureau chief Jacob Magid on the US president's bombshell announcement, the mediators, reactions from the Gulf states, and predictions from a former IDF Iran researcher

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]]> Israel strikes major Iranian gas field; Tehran vows to hit Gulf energy sites in kind https://www.timesofisrael.com/israel-strikes-major-iranian-gas-field-tehran-vows-to-hit-gulf-energy-sites-in-kind/ Wed, 18 Mar 2026 18:41:48 +0000 https://www.timesofisrael.com/?p=3781336 Impact expected to be far-reaching, with Brent crude soaring to over $108 a barrel; Qatar, UAE condemn 'irresponsible' escalation as Iran warns it will take 'an eye for an eye'

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]]> Daily Briefing Mar. 10: Trump predicts conflict with Iran to end soon, but won’t commit to timeline https://www.timesofisrael.com/daily-briefing-mar-10-trump-predicts-conflict-with-iran-to-end-soon-but-wont-commit-to-timeline/ Tue, 10 Mar 2026 11:10:28 +0000 https://www.timesofisrael.com/?p=3773826&preview=true&preview_id=3773826 US bureau chief Jacob Magid on Trump's thoughts about the war's duration, the possible threat to oil exports, and the US leader's disappointment with the choice of new Iranian leader

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]]> Crude oil prices spike above $115 a barrel as Iran conflict disrupts production, shipping https://www.timesofisrael.com/crude-oil-prices-spike-above-115-a-barrel-as-iran-conflict-disrupts-production-shipping/ Mon, 09 Mar 2026 07:58:01 +0000 https://www.timesofisrael.com/?p=3772808 Asian stock markets plunge as several nations cut oil production amid attacks by Iran and threat to export routes, including key Strait of Hormuz

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]]> Houthi attacks on Israel-linked ships in Red Sea to raise prices of Far East imports https://www.timesofisrael.com/houthi-attacks-on-israel-linked-ships-in-red-sea-to-raise-prices-of-far-east-imports/ Sun, 17 Dec 2023 22:27:06 +0000 https://www.timesofisrael.com/?p=3180594 Due to threat, global freight giants have halted Red Sea routes, diverting ships on longer, costlier voyage; shift set to impact Israel's trade with Asia, as well as global trade

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]]> Satellite images show 2 oil tankers seized by Iran anchored near naval base https://www.timesofisrael.com/satellite-images-show-2-oil-tankers-seized-by-iran-anchored-near-naval-base/ Sun, 07 May 2023 08:58:20 +0000 https://www.timesofisrael.com/?p=3009889 Ship flying flags of Marshall Islands and Panama seen at Iranian port Bandar Abbas; meanwhile, another thought to be carrying Iranian crude disappears from anchorage off Singapore

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]]> Israel exports crude oil for first time, with shipment heading for Europe https://www.timesofisrael.com/israel-exports-crude-oil-for-first-time-with-shipment-heading-for-europe/ Wed, 15 Feb 2023 23:59:13 +0000 https://www.timesofisrael.com/?p=2952661 Country joins 'club of international oil exporters' with first cargo load of hydrocarbon liquids extracted from offshore Karish natural gas field

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]]> In latest steps against Russia, US and Europe target oil and gas imports https://www.timesofisrael.com/in-latest-steps-against-russia-us-and-europe-target-oil-and-gas-imports/ Tue, 08 Mar 2022 17:58:23 +0000 https://www.timesofisrael.com/?p=2718999 Biden announces US ban on all oil imports, UK says it will phase out such imports by end of 2022; EU plans two-thirds cut in Russian gas purchases this year

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]]> What would a US ban on Russian oil imports accomplish? https://www.timesofisrael.com/what-would-a-us-ban-on-russian-oil-exports-accomplish/ Tue, 08 Mar 2022 00:42:05 +0000 https://www.timesofisrael.com/?p=2718281 With public outrage over the invasion of Ukraine rising, Biden administration is less able to resist measure, which could further increase inflation and prices at the pump

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]]> Iran to cut oil output, prioritize defense in 2022-23 budget https://www.timesofisrael.com/iran-to-cut-oil-output-prioritize-defense-in-2022-23-budget/ Sun, 12 Dec 2021 19:58:15 +0000 https://www.timesofisrael.com/?p=2665225 Reports say $5 billion will boost 'defense capacities and strategic research,' amid sanctions and threats to Tehran's nuclear program

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]]> UAE and Israel deal opens doors to business https://www.timesofisrael.com/uae-and-israel-deal-opens-doors-to-business/ Mon, 31 Aug 2020 20:01:41 +0000 https://www.timesofisrael.com/?p=2379138 From coronavirus cooperation to oil sales: The key areas where the Jewish state and its new Arab partner share economic interests

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