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Energy
Ukraine’s Drone Campaign Knocks Out Up to 40 Percent of Russia’s Oil Exports
Oil exports are one of the main sources of revenue for Russia’s state budget and a key part of funding its war in Ukraine.
March 26, 2026
Energy
Ukraine Strikes Key Russian Energy Port 1,000 km Away, Disrupting Baltic Exports
A fresh drone strike on a Russian oil export terminal was carried out on Wednesday. Ukrainian attacks on Russia’s petroleum infrastructure continue to hamper Russia’s main source of war funding.
Updated: March 25, 2026
US
Trump Backs Off Threat to Strike Iran Energy Sites After Allies’ Warnings
Gulf and European partners cautioned that targeting Iran’s infrastructure could trigger wider instability and economic fallout.
March 24, 2026
Economy
Global Economy Under ‘Major Threat’ From Strait of Hormuz Crisis: IEA Chief
Oil prices rose again early Monday, with US benchmark crude briefly touching the $100-per-barrel mark.
March 23, 2026
Russia
Ukraine Hits Giant Baltic Oil Terminal Linked to ‘Shadow Fleet’ as Drone Barrage Sweeps Russia
Ukrainian drones struck Russia’s Primorsk port on the Baltic Sea, damaging a fuel tank and sparking a fire at one of the country’s key oil export hubs.
Updated: March 23, 2026
Ukraine
OPINION: The Oil War
The US may be winning the shooting war with Iran, but a spiraling oil crisis is costing the world far more.
March 23, 2026
Energy
Husk of Sanctioned Russian Tanker Still Adrift in Mediterranean
The damaged Arctic Metagaz is now drifting back towards Libya, Italian authorities said. Questions remain over what caused the blast and the fate of its cargo.
March 20, 2026
Russia
Russia Says Will Help Cuba, But No Comment on Oil Deliveries
Cuba has been under a US fuel blockade since shortly after Washington deposed Venezuelan president Nicolas Maduro, a key ally of Havana, on January 3.
March 20, 2026
Israel
Crude Down as Netanyahu Looks to Reassure on War
Netanyahu said Thursday that “Iran is being decimated”, adding that the Islamic republic no longer had the capacity to enrich uranium or manufacture ballistic missiles.
March 20, 2026
Russia
US Sanctions Target Russian Tankers Bound for Cuba, North Korea
The original order had only made an exception for transactions involving Iran. Thursday’s order broadened the scope of the exceptions, also including some Russian-occupied regions of Ukraine.
March 19, 2026
Ukraine
Ukraine May Boost Rapeseed Cultivation by a Third as Global Fuel Prices Rise
High global fuel prices driven by the spiralling conflict in the Middle East could push Ukrainian farmers to expand rapeseed acreage to 1.5 million hectares.
March 19, 2026
Energy
Iran Targets Saudi Port Seen as Alternative to Strait of Hormuz
An Iranian-linked strike targeted a key Saudi oil refinery in Yanbu, a Red Sea export hub that has served as an alternative route after disruptions in the Strait of Hormuz.
March 19, 2026
Russia
Ukraine Drones Wipe Out Most Tanks at Key Russian Military Fuel Depot in Krasnodar
According to Russian media reports, 18 of the 20 storage tanks – including 9 gasoline and 9 diesel tanks, as well as 7 fuel tankers – were in flames.
March 18, 2026
Hungary
EU Backs Calls for Druzhba Pipeline Repairs as Ukraine Accepts Support Offer
Tensions between Kyiv and Hungary and Slovakia have risen over a pipeline outage in Ukraine that supplies both countries — the only EU states still importing Russian oil.
March 18, 2026
Iran
What We Know About India’s Efforts for Safe Passage Through Strait of Hormuz
Tehran, in retaliation for US-Israeli attacks, has halted maritime traffic in the critical conduit, through which a fifth of global crude oil and liquefied natural gas normally pass.
March 17, 2026
Russia
Largest Drone Raid Since Full-Scale War Hits Moscow, Oil Depot Burns in Krasnodar
A massive overnight drone attack targeted the Russian capital. Also, a key oil depot in Krasnodar Krai, sparking a large fire at a fuel hub supplying Russian forces on the southern front.
Updated: March 16, 2026