Oil Supply
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Iran demands crypto for Strait of Hormuz passage amid ongoing crisis
Iran is reportedly demanding cryptocurrency payments for ships transiting the Strait of Hormuz, as the vital waterway remains at a near standstill following a prolonged conflict.
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Qatar Warns: Middle East War Could Collapse Economies, $150 Oil
Qatar’s Energy Minister warns the escalating Middle East conflict could cause global economic collapse and drive oil prices to $150 within weeks. Energy export halts are a growing concern.
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Petrol Prices in Singapore Climb Amid Middle East Conflict
Singapore’s petrol prices rose on March 3, 2026, due to the escalating Middle East conflict disrupting global oil supplies and increasing freight costs.
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Trump Intensifies Pressure on Cuba with New Oil Tariff Threats
U.S. President Donald Trump has signed an executive order threatening tariffs on any country supplying oil to Cuba, escalating economic pressure on the island nation already facing severe fuel shortages.