#educational #oil #gas #fyp #fypシ | oil deposits

The US Vice President says 15 million barrels of oil passed through the Strait of Hormuz on Wednesday, almost reaching pre-war levels. But ship tracking data reveals the flow of oil remains restricted. #news

Major energy companies announce investments in Venezuela after oil deal

Critics call the US multi-billion-dollar oil deal in Venezuela modern-day colonialism. The agreement reportedly gives the US control of 20% of Venezuela’s oil reserves for decades, all without the country’s legislature’s approval. . Al Jazeera’s Nour Hegazy explains. #news

The US military said its forces struck three Iranian crude oil carriers after the Islamic Revolutionary Guard Corps launched ballistic missiles toward two US Navy warships, but did not hit them. The strike marks the latest escalation between the US and Iran near a critical route for global oil supplies.

There are fears that petrol costs will rise again as the conflict resumes in the Strait of Hormuz. The United States unleashed missile attacks on three Iranian oil tankers after Iran targeted US Navy ships. #us #iran #straitofhormuz #oil