Section

Oil & Gas

Fossil fuels markets and policy

New York Post

Venezuelan Interim President Delcy Rodríguez Discusses Meeting with President Trump

Delcy Rodríguez, the interim President of Venezuela, discussed her meeting with President Trump at the UN General Assembly on September 23, 2026. The two leaders talked about strengthening bilateral relations and cooperation in areas such as energy and security. Trump highlighted the release of political prisoners and a significant oil deal with Venezuela during his UN speech.

Bias: 36 Sentiment: +0.00
Al Jazeera English

Oman’s Sohar Port Facilitates Ship-to-Ship Oil Transfers Amid Regional Tensions

Oman's Sohar port is becoming a key location for ship-to-ship oil transfers as Saudi Arabia seeks alternatives to export oil amid disruptions caused by the Houthi attacks on its East-West pipeline. The Strait of Hormuz remains effectively closed, prompting increased reliance on these transfers, which involve direct exchanges of cargo at sea. Recent data indicates a significant rise in the volume of oil being transferred in this manner, despite the associated risks and inefficiencies.

Bias: 4 Sentiment: +0.00
Al Jazeera English

US-Iran Tensions Raise Concerns Over Environmental Risks in the Gulf

Tensions between the US and Iran have escalated with attacks on oil tankers in the Strait of Hormuz, raising concerns about potential environmental damage from oil spills in the Gulf. As of September 7, 42 tankers were waiting to transit the Strait, with a combined capacity of approximately 1.76 million cubic meters of oil. Historical precedents indicate that oil spills can have long-lasting effects on marine ecosystems and local economies.

Bias: 14 Sentiment: -0.20
Washington Examiner

U.S. Central Command Reports Destruction of Five Iranian Oil Tankers Following Missile Threats

U.S. Central Command reported the destruction of five Iranian oil tankers on September 8, 2026, following missile threats from the Islamic Revolutionary Guard Corps against a U.S. Navy warship. The strikes occurred in the Gulf of Oman and near Kharg Island, a key hub for Iranian oil exports, amid ongoing tensions between the U.S. military and Iran.

Bias: 14 Sentiment: +0.00
New York Times — Business

OPEC Plus Maintains Oil Production Levels Amid U.S.-Iran Strikes

OPEC Plus has opted to maintain current oil production levels in light of renewed strikes between the U.S. and Iran. Venezuela, despite its vast oil reserves, continues to face production challenges due to sanctions and economic issues.

Bias: 4 Sentiment: +0.00
Washington Examiner

Energy Secretary Chris Wright discusses Venezuelan crude's role in refilling the Strategic Petroleum Reserve

Energy Secretary Chris Wright has proposed a plan to refill the Strategic Petroleum Reserve (SPR) by exchanging Venezuelan heavy crude for U.S.-produced light or medium crude. This plan involves U.S. refineries processing the Venezuelan crude and trading it for suitable oil to store in the SPR, which has recently reached its lowest levels since 1982.

Bias: 30 Sentiment: +0.00
Al Jazeera English

Chevron to Expand Operations in Venezuela, Doubling Oil Production

Chevron plans to invest over $7 billion to double its oil production in Venezuela to about 600,000 barrels per day over the next five years. The expansion involves additional acreage in the Orinoco Belt and is part of a broader effort to enhance operations in the country, which has the world's largest oil reserves but has seen a decline in output. Other companies are also expected to sign agreements in Venezuela as part of recent energy reforms.

Bias: 4 Sentiment: +0.10
Al Jazeera English

Vance comments on Trump's AI-generated video warning to Iran

Vice President JD Vance stated that an AI-generated video posted by President Trump serves as a warning to Iran regarding its threats to commercial shipping. The video depicts missiles targeting Kharg Island, which processes a significant portion of Iran's oil exports. Tensions have increased with recent military actions between the U.S. and Iran.

Bias: 30 Sentiment: -0.10
Axios

U.S. Military Gains Control Over Strait of Hormuz Amid Ongoing Conflict

U.S. military efforts have reportedly diminished Iran's control over the Strait of Hormuz, a key energy passage, since the conflict began in February. President Trump stated that the strait is now open, and U.S. officials believe this shift could lead to improved economic conditions and negotiations with Iran. However, skepticism remains regarding the actual shipping figures and safety in the area.

Bias: 45 Sentiment: +0.00
Al Jazeera English

US Administration Negotiates Long-Term Access to Venezuelan Oil Fields

The US administration is in negotiations to secure long-term access to Venezuelan oil reserves, which could involve American companies developing oilfields in the country. The deal may face legal challenges and constitutional questions, as Venezuela's regulations currently restrict foreign involvement in its oil industry. The negotiations come as the US seeks to stabilize its oil supply ahead of the midterm elections.

Bias: 4 Sentiment: +0.00
cnbc.com

U.S. Strategic Petroleum Reserve Falls Below 300 Million Barrels

The U.S. Strategic Petroleum Reserve has fallen below 300 million barrels, reaching its lowest level since 1983, according to the Department of Energy. The decline is attributed to global oil supply pressures and recent drawdowns ordered by U.S. presidents in response to international conflicts. Concerns have been raised regarding the aging infrastructure of the reserve and its operational capabilities.

Bias: 4 Sentiment: +0.00
Washington Examiner

UK Prime Minister Indicates Possible Approval for North Sea Oil Drilling

UK Prime Minister Andy Burnham has expressed openness to approving new oil drilling in the North Sea, influenced by U.S. President Donald Trump's requests. This comes as the UK continues to navigate its ban on new drilling licenses established in 2024. Additionally, the Senate is preparing to address legislation regarding E15 gasoline sales, and oil prices have seen a decline amid ongoing geopolitical tensions.

Bias: 4 Sentiment: +0.00
The Hill

Trump Meets with Iraq's New Prime Minister to Discuss Oil Access

President Trump met with Iraq's new Prime Minister Ali al-Zaidi on July 14, 2026, to discuss American companies' access to Iraq's oil reserves. Trump had previously supported al-Zaidi's election after the 2025 parliamentary elections.

Bias: 4 Sentiment: +0.10