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Oil surges as Trump signals more strikes on Iran, ceasefire collapses

July 08, 2026
Oil prices jumped Wednesday after U.S. President Donald Trump declared that the ceasefire with Iran was effectively over and said the U.S. would "probably" launch additional military strikes, raising the prospect of renewed conflict in one of the world's most important oil-producing regions.

ADNOC expands long-term crude supply partnership with South Korea

July 08, 2026

Chevron licenses advanced surfactant technology for shale oil recovery

July 08, 2026

UK opens public consultation on Adura's Jackdaw gas field

July 08, 2026

Vulcan expands Azerbaijan operations with Baku office, contract extension

July 08, 2026

Aquaterra Energy, James Fisher form global offshore decommissioning partnership

July 08, 2026

Enverus acquires TGS well log business in $100 million deal

July 08, 2026

U.S. strikes Iran for second straight day amid Strait of Hormuz tensions

July 08, 2026

Oceaneering wins Petrobras ROV services contract offshore Brazil

July 07, 2026

Marubeni acquires Barnett shale operator EagleRidge Energy

July 07, 2026

Renaissance makes offshore oil discovery at Nigeria's OML 74

July 07, 2026

TotalEnergies CEO to spotlight Angola upstream growth at AOG 2026

July 07, 2026

Iraq restores output at key southern oil fields as exports resume

July 07, 2026

Fluor selected for Aramco long-term PMC agreement

July 07, 2026

BOEM seeks industry input on offshore space launch infrastructure

July 07, 2026

BluEnergies, TotalEnergies advance Harper basin exploration offshore Liberia

July 07, 2026

EWTC: Energy services jobs hold steady despite June pullback

July 07, 2026

EIA boosts oil production forecast after Strait of Hormuz reopening

July 07, 2026

Innova integrates PV Fluid Products data into real-time drilling platform

July 07, 2026

Dräger launches unified digital platform for safety equipment management

July 07, 2026
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