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US APR PETROLEUM IMPORT PRICES +19.0%

2026-05-14

US APR PETROLEUM IMPORT PRICES +19.0%

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2026-05-14

Vitol Group is offering Iraqi Basrah crude to refiners via ship-to-ship transfers off Fujairah, suggesting some cargoes may have exited the Persian Gulf amid disruption at the Strait of Hormuz. The move marks a rare spot-market appearance for Iraqi b

Vitol Group is offering Iraqi Basrah crude to refiners via ship-to-ship transfers off Fujairah, suggesting some cargoes may have exited the Persian Gulf amid disruption at the Strait of Hormuz. The move marks a rare spot-market appearance for Iraqi barrels since war and blockade conditions constrained Gulf exports. SOMO has offered discounts as exports declined. Tanker data showed Agios Fanourios I U-turned and Kiara M completed transit and transferred cargo
2026-05-14

WHITE HOUSE OFFICIAL: BOTH COUNTRIES AGREED THAT IRAN CAN NEVER HAVE A NUCLEAR WEAPON

WHITE HOUSE OFFICIAL: BOTH COUNTRIES AGREED THAT IRAN CAN NEVER HAVE A NUCLEAR WEAPON
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