A deeply sourced, impartial history of Iran oil and gas and its ties to U.S. strategy—concessions, nationalization, coups, OPEC, sanctions, and maritime chokepoints.
The Ras Tanura refinery strike remains highly relevant on March 10, 2026, because even as Saudi Aramco works to restart the site, Hormuz shipping disruptions, Gulf refining outages, and oil-market volatility are still reshaping global crude, fuel, and freight flows.
Oil tank transportation is entering a new risk cycle as Hormuz shock disruptions pressure Iraqi exports, tanker rates, diesel prices, private fleets, and U.S. tank trucking margins.
World’s Oil Market – IEA Outlook HOUSTON — A global energy watchdog says booming production in the United States will meet 80 percent global growth in demand for oil over the next five years....
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