EU approves €90bn loan for Ukraine as pipeline is turned on ending deadlock

US-sanctioned ships pass Strait of Hormuz as China calls Trump’s blockade ‘dangerous’

US blockade of Iran’s ports set to start within an hour as Pope says he won’t debate war with Trump

President Trump: ‘Massive numbers’ of empty oil tankers headed to U.S. to ‘load up’

UK says Iran holding world economy ‘hostage’ with Hormuz attacks

Zelensky says allies asked him to scale back attacks on Russian energy

Trump tells the UK and other countries ‘go get your own oil’ from Strait of Hormuz

IEA agrees to record release of emergency oil reserves in an effort to calm surging prices

March 12, 2026

Venezuelan MPs approve bill to open up oil sector to private firms

January 31st, 2026

US will control Venezuela oil sales ‘indefinitely’, official says

January 8th, 2026