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Oil and gas majors and traders suspend shipments via Hormuz as US attacks Iran, sources say
LONDON, Feb 28 (Reuters) - Several tanker owners, oil majors and trading houses have suspended crude oil, fuel and liquefied natural gas shipments via the Strait of Hormuz after the U.S. and Israel attacked Iran and Tehran said it had closed navigation, trading sources said on Saturday."Our ship...Reuters
45 minutes ago
Germany's Merz stresses commitment to Israel's security
BERLIN, Feb 28 (Reuters) - Germany has not participated in U.S. and Israeli strikes against Iranian targets, Chancellor Friedrich Merz said on Saturday, adding that Berlin was committed to peace and security in the Middle East."It (Germany) remains committed to peace and security in the region a...Reuters
51 minutes ago
OPEC+ may consider larger oil output boost, sources say, as Saudi, UAE up exports
Saudi Arabia and UAE have already raised exports, sources sayOPEC+ eight members were already scheduled to meet on Sunday April increase would end three-month pause in output hikesBy Olesya Astakhova and Alex Lawler LONDON/MOSCOW, Feb 28 (Reuters) - OPEC+ may consider a larger-than-planned outpu...Reuters
an hour ago
Maritime agency says it received reports on closure of Strait of Hormuz
CAIRO, Feb 28 (Reuters) - The UK Maritime Trade Operations agency said on Saturday that it received multiple reports from vessels operating in the Gulf saying they had received messages on the closure of the Strait of Hormuz. There was no immediate confirmation from Iran.The strait is the world'...Reuters
an hour ago
ADNOC says operations continuing without interruption
Feb 28 (Reuters) - Abu Dhabi National Oil Company (ADNOC) said on Saturday that its operations were continuing without interruption. In response to questions after the U.S. and Israeli strikes on Iran, a spokesperson for ADNOC said the company was closely monitoring the situation and coordinating wi...Reuters
an hour ago
ROI-Iran war throws oil market into biggest crisis in decades: Bousso
By Ron Bousso LONDON, Feb 28 (Reuters) - Global energy markets face one of their gravest shocks in decades as joint U.S. and Israeli strikes on Iran and Tehran’s retaliatory missile attacks across the Gulf disrupt oil exports from the world’s most important producing region.The scale of the disru...Reuters
2 hours ago
OPEC+ may consider 411,000 bpd oil output boost, sources say after Iran strike
LONDON/MOSCOW, Feb 28 (Reuters) - OPEC+ is likely to consider a larger oil output increase of 411,000 barrels per day at its imminent meeting, two sources familiar with OPEC+ thinking said on Saturday, after the U.S. and Israel launched military strikes on Iran.Eight members of the grouping of the ...Reuters
2 hours ago
Iran's revolutionary guards tell ships passage through Strait of Hormuz 'not allowed', EU naval mission official says
Feb 28 (Reuters) - An official from the European Union's naval mission Aspides said on Saturday that vessels have been receiving VHF transmission from Iran's Revolutionary Guards saying "no ship is allowed to pass the Strait of Hormuz".The strait is the world's most vital oil exp...Reuters
2 hours ago
DNO and Dana Gas halt Kurdistan output after U.S.-Israel strikes on Iran
By Nerijus Adomaitis and Maha El Dahan OSLO/DUBAI, Feb 28 (Reuters) - Oslo-listed DNO DNO.OL and Dubai-listed Dana Gas DANA.AD shut oil and gas production at their respective fields in the Kurdistan region of Iraq, as a precaution, after the United States and Israel launched strikes on neighbouri...Reuters
2 hours ago
Germany issues travel warnings for countries near military strikes
BERLIN, Feb 28 (Reuters) - Germany's foreign ministry issued travel warnings for Bahrain, Iraq, Israel, Jordan, Qatar, Kuwait, Lebanon, Oman, Saudi Arabia and the United Arab Emirates after U.S. and Israeli strikes against Iran on Saturday raised the prospect of a wider regional conflict.The min...Reuters
2 hours ago
Drone targets Kuwait's international airport, state news agency says
CAIRO, Feb 28 (Reuters) - A drone targeted Kuwait's international airport, causing light injuries to several workers and limited material damage, the Kuwaiti state news agency reported on Saturday as Iran continued to launch strikes targeting U.S. bases in the region.Reuters
2 hours ago
Iran's supreme leader Khamenei to give speech within minutes after U.S., Israeli strikes on Iran, Al-Alam TV says
Feb 28 (Reuters) - Iran's Supreme Leader Ayatollah Ali Khamenei will speak within minutes, Iran's Al-Alam TV reported, hours after U.S., Israeli strikes targeted top Iranian leaders on Saturday.Reuters
3 hours ago
Ukraine's Naftogaz says Russia struck gas extraction facility
KYIV, Feb 28 (Reuters) - Ukraine's state oil and gas major Naftogaz said on Saturday Russia struck its gas extraction facility in the eastern region of Kharkiv overnight, causing serious damage."There is serious damage to the equipment, and depressurisation has occurred. Colleagues on site h...Reuters
3 hours ago
France's Macron convenes defense council meeting on Iran at 1700 GMT
PARIS, Feb 28 (Reuters) - President Emmanuel Macron will hold a meeting of the French defense and national security council to discuss the situation in Iran and in the Middle-East at 1700 GMT, Macron's office said on Saturday.Reuters
3 hours ago
Germany, France and UK tell Iran to stop attacks in region
BERLIN, Feb 28 (Reuters) - Germany, France and Britain condemned Iranian attacks on countries in the region on Saturday, saying Iran must refrain from indiscriminate military strikes and resume negotiations."We condemn Iranian attacks on countries in the region in the strongest terms," Frenc...Reuters
4 hours ago
RPT-DNO shuts oil output in Iraqi Kurdistan as precaution after strikes on Iran
By Nerijus Adomaitis OSLO, Feb 28 (Reuters) - Oslo-listed DNO DNO.OL shut down its oil production in the Kurdistan region of Iraq as a precautionary measure after Israel and the United States launched strikes on neighbouring Iran, the company told Reuters on Saturday."We've been preparing...Reuters
4 hours ago
DNO shuts oil output in Iraqi Kurdistan as precaution after strikes on Iran
By Nerijus Adomaitis OSLO, Feb 28 (Reuters) - Oslo-listed DNO DNO.OL shut down its oil production in the Kurdistan region of Iraq as a precautionary measure after Israel and the United States launched strikes on neighbouring Iran, the company told Reuters on Saturday."We've been preparing...Reuters
4 hours ago
Germany, France and UK condemn Iranian attacks in region, want talks to resume
BERLIN, Feb 28 (Reuters) - Germany, France and Britain condemned Iranian attacks on countries in the region on Saturday, saying Iran must refrain from indiscriminate military strikes."We reiterate our commitment to regional stability and to the protection of civilian life," French President ...Reuters
4 hours ago
Israel shuts down gas fields after US-Israel strikes on Iran
By Shadia Nasralla and Marwa RashadLONDON, Feb 28 - The Israeli Energy Ministry has ordered the temporary shutdown of parts of the country's natural gas reservoirs after Israel and the United States launched strikes on Iran on Saturday.The Leviathan gas field offshore Israel, operated by Chevron...Reuters
4 hours ago
