Oil fell on Thursday for the first session this week as renewed concerns about demand amid rising COVID-19 infections cut short a three-day rally, and as production returned in Mexico.

Oil prices rose on Monday, recovering from a seven-day losing streak with support from a weaker dollar, although concern about surging cases of the Delta coronavirus variant led to cautious trading.

Hezbollah Secretary-General Sayyed Hassan Nasrallah says a ship carrying Iranian fuel will set out on a voyage to Lebanon within hours, warning that the resistance movement would regard the vessel as Lebanese soil as soon as it begins its journey.

Iran’s oil production rose to 2.485 million bpd in July, up 28% against 2020.

US troops have reportedly stolen thousands of liters of crude oil from Syria’s northeastern province of Hasakah, and taken them to neighboring Iraq.

US forces stationed in Syria have transported consignments of stolen Syrian oil to Iraq, using scores of tanker trucks, SANA reports.

A US convoy, loaded with stolen Syrian oil, has left the country and entered neighboring Iraq, according to official SANA news agency.