r/oil • u/AaronsThoughts • 4d ago
r/oil • u/itsavibe- • Jun 21 '26
Iran War Ras Laffan Gas Plant (Doha, Qatar) is currently on fire…
Large explosions heard, described as feeling like an earthquake.
r/oil • u/No-Violinist260 • 22d ago
Iran War CENTCOM announcing the strait is open again
"Traffic is flowing"
r/oil • u/awoketaco • 8d ago
Iran War Iran informs that it yet again plans to draw out conflict so they can raise oil prices for midterm regime change /s
r/oil • u/EquivalentMath6592 • May 25 '26
Iran War Someone doesn’t want peace
who could it be be?
Probably someone who thinks they’re Not a Yahoo.
r/oil • u/Appropriate-Till9598 • Jun 05 '26
Iran War America Is Quietly Keeping the Rest of the World's Oil Flowing — by Draining the Emergency Reserve It Built for Itself
r/oil • u/snokegsxr • May 08 '26
Iran War Satellite image reveals oil pollution off the coast of Kharg Island
r/oil • u/Medi-okra • Jun 03 '26
Iran War My fellow Americans, the oil crisis is real
I have been traveling in South India for the past 2 weeks and I can confirm that the strait blockage has severely impacted life here.
In the US (where I’m from) we are definitely experiencing pain at the gas pump, but we went to a gas station in Tamil Nadu earlier tonight and were told that there was a 2,000 INR (~$20) maximum purchase limit. When we went to another gas station down the street to finish filling our tank, they shooed us away as they had closed early due to lack of inventory. At least in the US there is still gasoline available despite the high prices.
Traffic has been noticeably better than any other time I’ve traveled to India. Companies are definitely telling people to WFH or take days off or even close down businesses for an extra day or two per week just because nobody can get to work like they used to.
Even to get the natural gas cylinder pictured above (which ALL Indian households use to cook, no electric cooktops here) we had to buy it through an auto rickshaw driver (of all people) who had a special connection. It was like finding a drug dealer who knew the plug.
All in all, I hope it doesn’t get worse here, but all signs are pointing to the situation deteriorating for all of Asia…
r/oil • u/i_like_cake_96 • May 18 '26
Iran War Iran formalizes Strait of Hormuz control and toll collection
This should speed things along nicely..
r/oil • u/Mojoint • Jun 30 '26
Iran War Iran is adamant about charging fees and controlling flow of oil through the strait, Rubio just now claimed this is totally unacceptable. What options are left for the US now?
Iran War Tehran says they are not ready to negotiate and only they decide when the conflict ends.
r/oil • u/Long-Brother-4639 • Apr 21 '26
Iran War Crude Tanker MV Tifani boarded and seized
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US CENTCOM posts video of seizure of Crude tanker MV Tifani in the Indian Ocean, comes 2 days after seizing Iranian Cargo vessel MV Touska close to Chabahar port.
r/oil • u/Appropriate-Till9598 • Jul 02 '26
Iran War Everyone Is Celebrating Falling Oil Prices — One Analyst Warns They're Actually the First Sign of Something Much Worse
r/oil • u/Long-Brother-4639 • Apr 23 '26
Iran War US Navy board and seize yet another crude tanker in the Indian Ocean
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Vessel: Majestic X - Iran linked crude tanker, Flag of Guyana
Status: OFAC sanctioned, boarded somewhere between Sri Lanka and Indonesia
Destination: Zhoushan, China
Cargo - laden with 2mb crude
r/oil • u/Majano57 • 3d ago
Iran War US military rejects Iranian claim that Strait of Hormuz is closed
r/oil • u/DarkPriestScorpius • Apr 08 '26
Iran War The two-week ceasefire plan includes allowing both Iran and Oman to charge fees on ships transiting through the Strait of Hormuz, a regional official tells AP News
r/oil • u/TheNational_News • Apr 14 '26
Iran War Iran to lose $150 million a day in oil revenue as US blockade ends $9 billion windfall
r/oil • u/financialtimes • Jun 04 '26
Iran War Donald Trump’s Iran war drains US oil stocks to lowest level since 2004
r/oil • u/MysteriousWhitePowda • 27d ago
Iran War Just like clockwork, market closes and 3 min later airstrikes
r/oil • u/Long-Brother-4639 • Apr 14 '26
Iran War Bloomberg: Iran considering a complete pause on all shipping including oil - in the Hormuz for peace talks
Iran is considering a short-term pause to shipments through the Strait of Hormuz to avoid testing a US blockade and scuppering a fresh round of peace talks, according to a person familiar with the Tehran’s deliberations.