Iran's Oil Minister announces fuel rationing, citing war conditions as the justification for the new consumption limits.

US CENTCOM Commander Brad Cooper reports 41 tankers carrying 69 million barrels of oil are unable to sell due to the blockade of Iranian ports, as the US redirects a 42nd vessel.

US CENTCOM Commander Brad Cooper stated that 41 tankers carrying 69 million barrels of oil remain unsold due to the blockade of Iranian ports, as the US redirects a 42nd vessel.

The United Arab Emirates announces its withdrawal from OPEC. The move marks a significant shift in regional energy policy and Middle Eastern power dynamics.

The United Arab Emirates has announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC).

Ecuador's state-owned oil company conducts its first hydraulic fracturing operations in the Amazon rainforest. The move marks the first time the controversial extraction technique has been utilized by the firm in the region.

Ecuador's state-owned oil company has conducted its first oil extraction operations in the Amazon rainforest using hydraulic fracturing.

The UAE announces its withdrawal from OPEC, with Energy Minister Suhail Al Mazrouei citing national interests amid exceptional circumstances as the primary driver for the decision.

UAE Energy Minister Suhail Al Mazrouei stated that the country's decision to withdraw from OPEC is driven by national interests during exceptional circumstances.