An informed security source tells Press TV that American claims regarding the transit of a significant volume of oil via the southern route of the Strait of Hormuz are unfounded, labeling the claims as a ploy to manipulate global energy prices.

Independent researcher Greg Simons says the US takeover of Venezuelan oil reflects the country’s loss of sovereignty.

US President Donald Trump says his administration made a deal with Venezuela to control 65 billion barrels of its oil.

In a landmark ruling, Iran's international court has ordered the distribution of funds from a seized American oil tanker to Iranian patients suffering from a rare skin condition known as butterfly disease.

Davood Moradian, director of Press TV documentary’Operation Ajax 1953’, discusses the recurring patterns of US-led interventions in Iran, drawing parallels between the 1953 CIA-MI6 coup against PM Mosaddegh and contemporary hybrid war against the Islamic Republic.

Saudi oil giant Aramco’s chief says the closure of the Strait of Hormuz has caused the “largest oil supply shock in history.”

Here are Press TV's latest top stories at 16:00 GMT on July 29, 2026