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Screen grab from the official boradcast shows Argentina’s President Javier Milei Addressing the Nation from Casa Rosada Presidential Palace in Buenos Aires on September 3, 2026. (Handout/Argentina’s Presidency Press Office/AFP)
September 4, 2026, 8:50 pm
Israeli investors in crosshairs of Argentina’s Milei over Falklands oil project
Argentina’s president pushes for sanctions on several Israeli-linked companies that are drilling offshore in British-controlled Islands claimed by Buenos Aires
By Stephanie Kelly and Jonathan Saul
The Cardon oil refinery operates in Punta Cardon, Venezuela, on January 14, 2026. (AP Photo/Matias Delacroix)
August 29, 2026, 1:08 pm
Trump announces Venezuela oil deal, as gas prices still high 6 months into Iran war
Official says deal would let US buy oil at cost from firm formed to tap South American country’s vast reserves, which Caracas opened to investors after Washington captured Maduro
By AP and ToI Staff
Illustrative: An oil tanker (R) sails past petroleum refineries on Bukom Island off Singapore on March 17, 2022. (Roslan RAHMAN/AFP)
August 18, 2026, 4:24 pm
Saudi Aramco resumes commercial oil shipments from Strait of Hormuz
World’s top oil exporter still stymied by Yemen’s Houthis in Red Sea, but ships millions of barrels to Asian refineries via UAE port after pause forced by latest US-Iran flare-up
By Florence Tan and Siyi Liu
Electricity workers work to fix a power cable at Cyprus's main power station in Mari, Cyprus, July 12, 2011. (AP Photo/Petros Karadjias)
August 9, 2026, 11:15 am
Cyprus minister hails moves to connect island, Israel to European electricity grid
Great Seas Interconnector project, originally estimated at $2.2 billion but likely to cost more, would help EU forge new energy and trade route to Gulf and India
By MENELAOS HADJICOSTIS
Illustrative: A worker collects engine oil as he works at a degassing station in the Zubair oil field near Basra, Iraq, on March 28, 2026. (AP Photo/Leo Correa)
May 15, 2026, 10:21 am
Iraq seeking assistance from IMF and World Bank after oil income slashed by Iran war
Talks commenced during global lenders’ meeting in Washington last month, and are expected to be finalized once a new government assumes power in Baghdad, officials say
By Andrea Shalal and Muayad Hameed Suad
Royal Saudi Air Force F-15s provide an honorary escort for Air Force One, with US President Donald Trump aboard, as it arrives in Saudi Arabia, May 13, 2025. (Alex Brandon/AP)
March 26, 2026, 2:56 pm
Saudi Arabia stoic amid Iran war, but attacks on Red Sea ports could change that
If Iranians carry out threat to hit Bab al-Mandeb Strait, kingdom’s remaining shipping route for oil exports, Riyadh would likely retaliate immediately, experts say
By David Stout and Sofiane Alsaar
High gas prices are listed at Chevron gas station in Los Angeles on March 9, 2026. (Frederic J. BROWN / AFP)
March 10, 2026, 8:00 am
Oil prices plunge after Trump predicts quick end to Middle East war
G7 nations weigh releasing emergency reserves as Washington explores easing Russian oil sanctions to curb global price spike
By Anushree Mukherjee and Emily Chow
A thick plume of smoke rises from an oil storage facility hit by a strike in Tehran, Iran, Sunday, March 8, 2026. (AP Photo/Vahid Salemi)
March 9, 2026, 9:58 am
Crude oil prices spike above $115 a barrel as Iran conflict disrupts production, shipping
Asian stock markets plunge as several nations cut oil production amid attacks by Iran and threat to export routes, including key Strait of Hormuz
By AP
This screen grab taken from a video posted on the X account of US Secretary of Homeland Security Kristi Noem shows a US Coast Guard aircraft flying over a crude oil tanker, last docked in Venezuela, before apprehending it on December 20, 2025. (Handout / US Secretary of Homeland Security Kristi Noem's X account / AFP)
December 21, 2025, 9:46 pm
US pursuing third oil tanker near Venezuela, officials say
Move follows Trump’s declaration of blockade on sanctioned Venezuelan oil; seizures may affect oil prices, analysts say
By Idrees Ali, Steve Holland and Helen Coster
Damage at the Bazan Group's oil refinery in Haifa Bay, northern Israel, after it was hit by an Iranian missile between June 15-16, 2025. (Used in accordance with clause 27a of the copyright law)
June 29, 2025, 11:12 pm
Haifa oil refinery partly reopens after shutdown caused by deadly Iran strike
The company, Bazan, tells regulator it will likely resume full operations in October; missile impact killed three employees
By Reuters and ToI Staff
File: A natural gas refinery at the South Pars gas field on the northern coast of the Persian Gulf, in Asaluyeh, Iran, on March 16, 2019. (Vahid Salemi/AP)
June 19, 2025, 12:11 pm
Why Israel-Iran tensions might not raise prices at the pump as much as feared
In post-COVID recovery, OPEC has millions of barrels of oil available, while International Energy Agency has another million in reserve
By Reuters and ToI Staff
Pakistanis watch a news channel telecasting report about the Israeli attacks on Iran, in Peshawar, Pakistan, on June 13, 2025. (AP/Muhammad Sajjad)
June 13, 2025, 12:44 pm
Oil prices surge, stocks fall, as Mideast braces in wake of Israel’s attack on Iran
Oil spikes 12%, most since January, but lowers slightly after Iran says its main refineries and depots were unaffected; equity futures, bond yields sink
By AFP
An Iranian military speedboat patrols the waters as a tanker prepares to dock at the oil facility on Kharg Island, Iran, on March 12, 2017. (Atta Kenare/AFP)
February 6, 2025, 8:23 pm
First new US sanctions under Trump target network delivering Iranian oil to China
Measures against alleged front company for Iranian military come after Trump signs order resuming ‘maximum pressure’ campaign, aimed at ‘driving Iran’s oil exports to zero’
By AFP
US President-elect Donald Trump arrives at an election night watch party at the Palm Beach Convention Center, in West Palm Beach, Florida, November 6, 2024. (Evan Vucci/AP)
November 6, 2024, 11:52 pm
Trump may restrict Iranian oil but China might not play along, analysts say
US president-elect says he believes in enforcing sanctions and then removing them, expected to ease clamps on Russian energy
By Reuters
Illustrative: Iranian oil tanker Fortune is anchored at the dock of the El Palito refinery near Puerto Cabello, Venezuela, May 25, 2020. (AP Photo/Ernesto Vargas)
October 28, 2024, 1:26 pm
Oil prices fall after Israel avoids energy sites in its strike on Iran
Costs drop as much as 5% in early trade; analysts believe Tehran’s downplaying of attack signals wariness about escalation
By Agencies and ToI Staff
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