Firefighters continue efforts to contain blazes at Russia’s Tuapse oil refinery following a drone strike. The facility remains under pressure days after the reported Ukrainian attack.

Amber Energy to invest $11 billion in Citgo if sale closes, company says.

Amber Energy announced plans to invest $11 billion in Citgo, contingent on the sale being finalized.

Gulf oil output collapses ~57%, down ~14.5M bpd, as war disrupts production in Saudi, Iraq, UAE, Iran. Goldman warns Hormuz reopening may take months.

Gulf oil output collapses approximately 57%, down about 14.5 million barrels per day, as war disrupts production in Saudi Arabia, Iraq, UAE, and Iran. Goldman Sachs warns that reopening the Strait of Hormuz may take months to restore supply.

British Airways owner warns ticket prices set to rise after Strait of Hormuz closure amid Iran war.

The owner of British Airways has warned that ticket prices will rise following the closure of the Strait of Hormuz amid the war with Iran.

Chevron CEO says Strait of Hormuz mines threaten global energy economy even if US-Iran peace talks yield deal. Mike Wirth warns lingering uncertainty persists.

Chevron CEO Mike Wirth expressed concern about mines in the Strait of Hormuz, noting that even if US-Iran peace talks result in a deal, the impact on the global energy economy will persist due to uncertainty.