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Oil Trade

Hormuz standoff strands 20,000 seafarers on cargo ships

Thousands of seafarers are stranded as the conflict in Iran has closed down much of the Strait of Hormuz, disrupting global oil and gas trade and raising concerns about safety.

27 Apr 2026-19:47
Strait of Hormuz crisis deepens as shipping nearly halts amid US Iran tensions

Editor’s note: Faig Mahmudov is a journalist based in Azerbaijan covering regional security, foreign policy, and geopolitical developments. The views expressed in this article are his own and do not necessarily reflect the official position or editorial stance of News.Az.

22 Apr 2026-10:13
Singapore sees strong growth in non-oil domestic exports

17 Apr 2026-11:44
Washington’s Hormuz blockade: Pushing Iran toward economic collapse

Editor’s note: Moses Becker is a special political commentator for News.Az. He holds a PhD in political science and specializes in interethnic and interreligious relations. The views expressed in this article are the author’s own and do not necessarily reflect the position of News.Az.

16 Apr 2026-10:26
India is abandoning Russian oil for deals with the US

08 Feb 2026-23:25
Trump cuts tariffs on India amid Russian oil dispute

U.S. President Donald Trump announced a major tariff reduction on Indian goods after saying India agreed to reduce its purchases of Russian oil, marking a significant development in U.S.-India trade relations.

03 Feb 2026-10:01
Oil edges down as OPEC output plans offset US-China trade optimism

28 Oct 2025-09:02
Oil prices steady as US-China trade progress eases market fears

Oil prices held steady on Monday as progress in US-China trade talks supported demand optimism, even as concerns about a potential global supply glut lingered.

27 Oct 2025-10:02
Oil prices dip amid supply concerns

Oil prices fell for a second consecutive day on Tuesday as concerns over excess supply and potential demand risks from ongoing U.S.-China tensions weighed on the market.

21 Oct 2025-11:49
Oil prices dip amid oversupply concerns and renewed US-China trade tensions

Oil prices fell on Wednesday, extending recent losses, as investors weighed warnings of a global supply glut in 2026 alongside escalating U.S.-China trade tensions.

15 Oct 2025-11:00

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