Iran’s Guards say three tankers hit sea mines in Strait of Hormuz

15 November 2026
Iran’s Revolutionary Guards said that three oil tankers had caught fire after hitting sea mines in the Strait of Hormuz as they were trying to sail through a passage it considers unauthorised.

Taiwan's CPC freezes fuel prices for ninth week

15 November 2026
Taiwan's state-owned CPC Corp. will keep domestic petrol and diesel prices flat in the coming week, the ninth week in a row without a change.

Petronas and OQEP widen Oman offshore hunt

14 November 2026
Oman has deepened its push into untapped offshore acreage, signing a joint study agreement with Malaysia's Petronas for Blocks 83 and 84

Russia's third fuel crisis could be its worst as Ukraine's drones hit refineries

14 November 2026
Ukrainian drones have hit refineries making about 55% of Russia's petrol and diesel, oil analyst Sergey Vakulenko estimated on November 13, as a third fuel crisis this year takes hold.

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