Sources: Reuters
Saudi Aramco CEO Amin Nasser says that the oil market will not normalize until 2027 if the Strait of Hormuz remains closed beyond mid-June. 2026-05-11
Brent crude oil surpasses US$110 per barrel after Iran's Islamic Revolutionary Guard Corps Navy turned away three container ships and declared the Strait of Hormuz closed. 2026-03-27
The World Bank approves a new financial intermediary fund consisting of grants from the United States, Japan, Canada, and other countries coupled with interest from frozen Russian assets to give to Ukraine as part of a $50 billion loan. $2024-10-10
The European Commission rejects an appeal from Alphabet Inc., parent company of Google, regarding a €2.4 billion ($2.8 billion) fine charged against the corporation in 2017 for unfairly directing users to its own shopping services. $2021-11-10
France's "Autorité de la concurrence" fines Google a record €500M ($593M) for breaching an April 2020 ruling that ordered the company to negotiate "in good faith" licensing deals with publishers and news agencies for any re-use of copyrighted content. The fine amounts to about 1.1% of the company's yearly profits. $2021-07-13
The Office of the United States Trade Representative publishes its finalized list of 279 Chinese goods, worth $16 billion, to be subject to a 25% tariff from August 23. $2018-08-7
Tankers anchored in the Caribbean Sea are unable to deliver over four million barrels of crude oil, due to Venezuela's state-owned oil and natural gas company being unable to pay for hull cleaning, inspections, and other port services. 2017-01-26
An oil pipe in Los Angeles breaks, spilling an estimated 10,000 gallons of oil in the streets. 2014-05-15
An explosion at an oil storage tank in Gibraltar closes the port and injures workers and cruise ship passengers. 2011-06-1
Italian authorities seize 23 million euro (approximately US$30 million) from a Vatican bank account in a money laundering probe. $2010-09-21