Lebanon's President proposes oil transit via Lebanon and Syria
The President of Lebanon has proposed rerouting oil shipments, suggesting Lebanon and Syria could serve as alternative transportation routes.
oil export
Azerbaijans oil exports to India increase 510-fold in value
In January-August this year, Azerbaijan exported 524,337.96 tons of crude oil to India, marking a 300.1-fold increase, or a rise of 522,590.89 tons, compared with the same period last year, the Azerbaijani State Customs Committee reported.
Russia sends 94 percent of oil exports to friendly countries - Novak
Russia currently sends 94% of its oil exports to friendly countries, Russian Deputy Prime Minister Alexander Novak said at the Russia-China Energy Business Forum.
Tanker prices soar amid Strait of Hormuz crisis - media
Oil tanker prices have climbed to their highest since 2008 amid rising demand triggered by the Middle East escalation.
Russia increased non-oil and gas revenues by 18 percent
Russia's budget saw an 18% rise in non‑oil and gas revenues this year, while income from the oil and gas sector declined.
Russia retains lead in fuel exports to Turkey
Russia remained the top supplier of crude oil and petroleum products to Turkey in May, outstripping Kazakhstan and the United States, as Ankara sourced more than 40% of its fuel needs from Moscow.
Iran's oil revenues reach 35 bln dollars in two weeks
Iran has exported 50 million barrels of oil in two weeks, and its income is about $3.5 billion, according to Iranian media reports.
Iranian crude exports surge via Hormuz - report
Iran has ramped up the amount of oil it sends openly through the Strait of Hormuz to the highest since the war began, as shipping activity picks up while Tehran and Washington seek a lasting peace deal, Bloomberg reported.
Azerbaijan exports 280,000 tons of oil to Croatia
Azerbaijan's oil exports to Croatia totaled nearly 300,000 tons in the first four months of the year, marking a decline compared to the same period in 2025.
Global oil drawdowns hit record pace in May
Global stockpiles of crude oil and products are being drawn down at a record pace this month as the war in the Middle East drags on, curtailing supplies, according to Goldman Sachs Group Inc.
Russia becomes leader in oil exports to India and China
According to OPEC, Russian oil accounted for the majority of India and China's oil imports in March of this year.
Japan to receive first Azerbaijani oil since Iran war started
A tanker carrying Azerbaijani crude oil was set to arrive as early as Tuesday with the first cargo of oil received from Central Asia since the Iran war began in February, Japan's industry ministry said.
Global oil reserves drop by record 200 million barrels
Global oil reserves fell by 200 mln barrels in April due to lower supply amid the conflict in Iran, marking the largest decline since the COVID-19 pandemic, the Financial Times reported, citing data from S&P Global Energy.
Iraq encouraging oil exports with big discounts - report
Iraq has sharply cut oil prices for buyers willing to ship crude through the Strait of Hormuz amid the escalating tensions in the region, Bloomberg reported.
OPEC meeting to take place without UAE participation - media
According to a source, the UAE may not participate in the next OPEC+ meeting. The organization's countries may also exclude Abu Dhabi from quota allocations.
UAE ready to continue cooperation with its oil export partners
Abu Dhabi will not sever ties with oil-exporting countries after leaving OPEC
Baku-Tbilisi-Ceyhan oil exports decreases by 10 percent
At the beginning of this year, oil exports via the Baku-Tbilisi-Ceyhan pipeline declined, with export deliveries down nearly 10%.
Basra-Ceyhan oil pipeline could become alternative to Hormuz - IEA Head
The Basra-Ceyhan oil pipeline could become an alternative to the Strait of Hormuz for energy exports, according to the head of the IEA.
Saudi Arabia demands US end Hormuz blockade - report
Saudi Arabia is demanding that the US stop blocking the Strait of Hormuz and return to the negotiating table with Iran, The Wall Street Journal reported, citing sources.
Russia remains largest energy supplier to China and India in February
In February of this year, Russia regained its status as the largest oil supplier to both India and China, providing around 1 million barrels per day.
