Preliminary shipping schedules indicate that the average estimated export volume of Nigeria’s four main crude oil grades in September is 952,000 barrels per day, compared to 763,000 barrels per day in August.

Iraq's crude oil exports reach new high since strait blockade, averaging 2 million barrels per day

Modi unveils India’s blueprint for energy and semiconductor development: 5 new nuclear reactors and 8 chip factories planned, aiming for developed nation status by 2047

On the afternoon of August 14 local time, U.S. President Trump, while speaking at an event in Garden City, New York, urged Americans to “accept higher gasoline prices” as a price that must be paid to “prevent Iran from obtaining nuclear weapons.” Trump also stated, “After we defeat Iran... I will soon declare the Strait of Hormuz to be U.S. territory.” It remains unclear how seriously these remarks should be taken. (CCTV International News)

The stalemate between the US and Iran continues; Iranian Deputy Foreign Minister says “acceptance of failure” is the prerequisite for reopening the Strait.