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LN24 > Blog > global oil markets
10
Oct

Trump Envoy Retained Financial Ties to Firm Behind $15 Billion Hormuz-Bypass Oil Pipeline Plan

  • LN24 / 1 day
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  • 3 min read

Thomas Barrack, a senior US diplomatic envoy under President Donald Trump, maintained financial ties to a real-estate venture managed by an investment firm he reportedly advocated for a $15 billion oil pipeline project designed to bypass the strategically vital Strait of Hormuz, according to a Reuters investigation. Barrack, who serves as the US special envoy […]

IRAN AND OMAN NEAR HORMUZ SAFE SHIPPING DEAL
07
Sep

Tehran Says Temporary Shipping Corridor Agreement Is in Final Stages as Regional Tensions Continue

  • LN24 / 1 month
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  • 3 min read

Iran and Oman are nearing an agreement on a temporary safe shipping corridor through the strategically vital Strait of Hormuz, with Tehran saying negotiations between the two coastal states have entered their final stage. Iranian Foreign Ministry spokesman Esmail Baghaei said Monday that discussions with Oman had been serious and productive. He said a joint […]

23
Aug

Iran Grants Passage to Iraqi Oil Tankers Through Strait of Hormuz

  • LN24 / 2 months
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  • 2 min read

Iran has granted special permission for a number of Iraqi oil tankers to pass through the strategically vital Strait of Hormuz, providing limited relief to Iraq as shipping through the key energy corridor remains severely disrupted by the ongoing regional conflict. Iran’s state news agency reported that Tehran approved the passage following repeated requests from […]

21
Aug

US Threatens Iran With ‘Toughest Sanctions in History’ as Economic Pressure Intensifies

  • LN24 / 2 months
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  • 4 min read

The United States is preparing what Treasury Secretary Scott Bessent has described as the “toughest sanctions in history” against Iran, dramatically escalating Washington’s economic campaign against Tehran as the conflict and tensions surrounding the region continue. Bessent said Thursday that the new measures would be designed to intensify pressure on Iran’s economy and reduce the […]

15
Jul

Iran Launches Strikes on Gulf Targets After Fourth Night of Heavy U.S. Attacks

  • LN24 / 3 months
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  • 4 min read

The conflict between Iran and the United States has escalated sharply after Iran launched a new wave of missile and drone strikes against U.S.-linked military targets across the Gulf region following a fourth consecutive night of intensive American airstrikes on Iranian military infrastructure. The latest exchange marks one of the most dangerous phases of the […]

14
Jul

Trump Drops Strait of Hormuz Fee Plan, Turns to Gulf Investment Deals

  • LN24 / 3 months
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  • 3 min read

U.S. President Donald Trump has abandoned his proposal to impose a 20% transit fee on ships passing through the Strait of Hormuz, announcing instead that the United States will pursue trade and investment agreements with Gulf nations as compensation for Washington’s role in securing one of the world’s most strategically important maritime routes. The policy […]

14
Jul

President Trump Announces New Iran Blockade

  • LN24 / 3 months
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  • 2 min read

U.S. President Donald Trump has announced the reinstatement of a U.S.-led naval blockade targeting Iran, marking a major escalation in the ongoing confrontation between Washington and Tehran and raising fresh concerns about stability in the Middle East and the global energy market. The announcement follows renewed military exchanges between U.S. and Iranian forces after the […]

11
Jul

Trump Says U.S. and Iran to Continue Talks as Ceasefire Officially Ends

  • LN24 / 3 months
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  • 2 min read

Washington Signals Return to Diplomacy Despite Renewed Tensions U.S. President Donald Trump has announced that Washington has agreed to Iran’s request to continue diplomatic talks, even as he declared that the ceasefire between the two countries is officially over following a fresh wave of military confrontations across the Middle East. The announcement marks a significant […]

07
Jul

New Zealand Expands Strategic Fuel Storage to Strengthen Energy Security

  • LN24 / 3 months
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  • 4 min read

The New Zealand government has announced a significant expansion of the country’s strategic fuel reserves as part of a broader effort to improve energy security and protect the nation against global supply disruptions, geopolitical tensions, and natural disasters. The initiative comes amid growing concerns over the vulnerability of international energy supply chains and follows several […]

02
Jul

US-Iran Talks in Doha End with Focus on Strait of Hormuz

  • LN24 / 3 months
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  • 4 min read

The United States and Iran have concluded another round of indirect talks in Qatar’s capital, Doha, with negotiations centered on securing maritime traffic through the strategically vital Strait of Hormuz and advancing elements of an interim peace agreement, but without achieving a major political breakthrough. The discussions, mediated by Qatar and supported by regional partners, […]

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