Tag:

Oil Hub

Iran’s assault on UAE oil hub, vessels in Hormuz lifts oil prices 6%

Oil prices surged roughly 6 percent on Monday as Iran intensified attacks on the United Arab Emirates and vessels in the Middle East Gulf over the past 24 hours, marking the most serious escalation since a U.S.-Iran ceasefire took effect in early April.

04 May 2026-22:28
Arctic oil hub tanker "vanishes" from the map

A 346-meter-long tanker, vital to Russian Arctic oil exports, has essentially "disappeared" from ship tracking systems.

30 Apr 2026-21:01
Ukrainian drone strikes set a key Russian oil hub on fire

Ukrainian drones targeted a major Russian oil export hub on the Baltic Sea overnight, intensifying the fires that have been burning since a series of attacks started on Wednesday.

31 Mar 2026-18:24
Rethinking the Turkish gas hub: What went wrong

Editor's note: Igor Yushkov is a leading analyst of the National Energy Security Fund, expert of the Financial University under the Government of the Russian Federation.s. The article expresses the personal opinion of the author and may not coincide with the view of News.Az.

09 Jun 2025-08:24