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The US will not renew a 30-day waiver of sanctions on Iranian oil at sea that expires this week, and quietly let a similar waiver on sanctions on Russian oil expire over the weekend, two administration officials told Reuters on Tuesday, as the U.S. imposes a blockade on shipments from Iranian ports. MORE..

15 Apr 2026 (1:36 PM)

Oil prices fell for a second day on Wednesday on expectations peace talks between the US and Iran may resume and eventually release supply from the key Middle East producing region trapped by the closure of the Strait of Hormuz. MORE..

15 Apr 2026 (9:19 AM)

Japan has decided to provide a total of $10 billion in financial support to Southeast Asian nations struggling with surging crude oil prices amid tensions in the Middle East, Prime Minister Sanae Takaichi announced during an online meeting with Southeast Asian leaders on Wednesday. MORE..

15 Apr 2026 (4:31 PM)