OPEC+ agrees to another oil production hike amid uncertain demand for the additional barrels, Bloomberg reports

Lebanon's prime minister chairs meeting to review preparations for receiving Iraqi crude oil and petroleum products transiting through the country.

Lebanese Prime Minister chairs meeting to review preparations for receiving Iraqi crude oil and petroleum products expected to transit through Lebanon.

Libya's NOC confirms tank 402-T at Zawiya refinery, holding 4.5 million liters of gasoline, was directly targeted and collapsed; firefighting ongoing, no casualties reported.

Libya's National Oil Corporation said Monday night that fuel tank 402-T at the Zawiya oil refinery in western Libya was directly targeted, causing a severe fire and the complete collapse of the tank. The tank, operated by NOC subsidiary Brega Petroleum Marketing Company, held about 4.5 million liters of gasoline. Firefighting teams are working to contain the blaze; no official reports on the cause or casualties have been issued.

Trump administration extends Jones Act waiver 90 days to support domestic fuel supplies amid Iran war disruptions, allowing foreign-flagged vessels to transport energy between US ports

The Trump administration has extended a limited waiver of the Jones Act for another 90 days to support domestic fuel supplies amid disruptions caused by the Iran war, allowing foreign-flagged vessels to transport certain energy resources between US ports.

Portugal's solar output to drop 45% during Aug. 12 eclipse, grid operator REN says. Near-total eclipse will cut ~450 MW at peak between 18:30-20:30 local time, with greatest intensity in the north; reserves mobilized.

Portugal's grid operator REN announced Monday that a near-total solar eclipse on August 12 will reduce national solar power generation by an estimated 45 percent, causing a loss of approximately 450 MW during peak impact between 18:30 and 20:30 local time.