Ottawa eyeing moves to boost oil production amid global supply shock

Oil sector asked to assess crude quantities available for release into market as war in Iran escalates, Energy Minister says ...
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Cargo ship catches fire in Strait of Hormuz after three vessels hit by 'unknown projectiles'

The reports of attacks on commercial ships came after the US said it "eliminated" 16 Iranian mine-layers in the area. Elsewhere, two drones were downed near Dubai airport.
BBC

'Largest ever' oil reserve release agreed by 32 countries, as Strait of Hormuz ships attacked

However, energy analysts have told the BBC that given there is a shortage of refining capacity, the release is not a magic switch to increase the flow of refined products like petrol and jet fuel. And ...
BBC

Cargo ship on fire in Strait of Hormuz after three vessels hit by 'unknown projectiles'

However, energy analysts have told the BBC that given there is a shortage of refining capacity, the release is not a magic switch to increase the flow of refined products like petrol and jet fuel. And ...