Oil Market News, OPEC+, sanctions and price shocks

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Spain stirs fresh doubts over EU Russian LNG ban

With six months to go, Spain warns the EU ban could deepen reliance on US LNG and test Europe’s energy security.

en.highnorthnews.com

 

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The Next Oil Rally Could Be Driven by Stockpile Buying | OilPrice.com

Countries are now racing to build or replenish strategic petroleum reserves, with the IEA planning to refill the 400 million barrels it released during the crisis and major importers like India looking to expand their emergency stockpiles.

oilprice.com

Asian Refiners Redirect Middle East Crude to the U.S. as Hormuz Flows Recover | OilPrice.com

Asian refiners are offering excess Middle Eastern crude to the U.S. West Coast as Gulf supplies recover and Asian demand eases following the reopening of the Strait of Hormuz.

oilprice.com

 

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Big oil’s secretive trading arms are having an extraordinary year Economist

 

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The 250-year history of U.S. energy consumption - U.S. Energy Information Administration (EIA)

www.eia.gov

 

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Gasoline and Diesel Fuel Update

Gasoline and diesel fuel prices released weekly.

www.eia.gov

 

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US targets Mexican cartel fuel smuggling - Splash247

The US has moved to disrupt a cartel-linked fuel smuggling network using logistics companies, falsified customs documents and maritime transport to move illicit hydrocarbons between the US and Mexico. The Department of the Treasury’s Office of Foreign Assets Control and the Financial Crimes...

splash247.com

 

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Hormuz Disruption to Stall 2026 LNG Trade, Demand to Rise by 2050

Shipping disruptions in the Strait of Hormuz due to the Iran war could keep global liquefied natural gas trade flat this year if flows return to normal in the next three months, Shell said on Tuesday, though it expects growth to resume in 2027 and demand to rise sharply by 2050.

gcaptain.com

 

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VLCC market adapts as Hormuz closure reshapes global crude flows - Splash247

Mette Frederiksen, head of research and insight at Tankers International, writes for Splash on an eventful, historic Q2 for VLCCs. The second quarter of 2026 will be remembered less for freight cycles than for the event that overshadowed them all: the effective closure of the Strait of Hormuz...

splash247.com

 

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US targets Mexican cartel fuel smuggling - Splash247

The US has moved to disrupt a cartel-linked fuel smuggling network using logistics companies, falsified customs documents and maritime transport to move illicit hydrocarbons between the US and Mexico. The Department of the Treasury’s Office of Foreign Assets Control and the Financial Crimes...

splash247.com

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US targets Mexican cartel’s cross-border fuel smuggling operation

U.S. officials are targeting a Mexican cartel by focusing on the organization’s growing cross-border fuel-smuggling business.

www.freightwaves.com

 

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Last Western Shipyard Servicing Russia’s Arctic LNG Fleet Receives Another Icebreaking Gas Carrier

The Arc7 icebreaking LNG carrier Rudolf Samoylovich has arrived at Denmark’s Fayard A/S Odense yard for scheduled maintenance, highlighting the Danish facility’s unique role as the last remaining shipyard in Europe still servicing the specialized vessels that enable year-round exports from...

gcaptain.com

 

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Natural Gas - U.S. Energy Information Administration (EIA)

www.eia.gov

 

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Oil Markets Grow Numb to U.S.-Iran Ceasefire Drama | OilPrice.com

Oil prices remain stuck in a tight range as traders look past geopolitical headlines and wait for clarity on the fragile U.S.-Iran ceasefire.

oilprice.com

 

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US Oil Companies See Big Profit Jump, Gird for Clash Over Pump Prices With Trump

U.S. oil companies are set to report their strongest quarterly profits in years, courting a possible clash with President Donald Trump, who has been pressing his longtime ally Big Oil to bring down gasoline prices before midterm elections in November.

gcaptain.com

 

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H1 2026: The Moving Target of Maritime Sanctions Compliance

Maritime sanctions in H1 2026 require moving beyond static screening. Learn how to navigate evolving regulatory risks by tracking cargo origin, infrastructure exposure, and shifting jurisdictional timelines for defensible compliance decisions.

windward.ai