Vivakor Sees Increased Activity as Oil Pricing Jumps Due to Continuing Middle East Conflict and Rising Uncertainty in Strait of Hormuz
Growing market activity highlights the expanding role of Vivakor’s physical crude oil marketing platform
Dallas, TX, Aug. 11, 2026 (GLOBE NEWSWIRE) — Vivakor, Inc. (Nasdaq: VIVK) (“Vivakor” or the “Company”), an integrated provider of energy transportation, storage, reuse and remediation services, today highlighted increased activity across its Supply and Trading business as continued geopolitical uncertainty in the Middle East contributes to volatility across global crude oil markets.
Vivakor Supply & Trading, LLC (“VST”) is experiencing increased activity across its physical crude oil marketing platform as changing supply, demand and pricing dynamics create additional opportunities in key U.S. crude oil markets. The increased activity builds on the growth in recurring contracted volumes and commercial activity announced by Vivakor in recent months and reflects VST’s expanding commercial relationships and market connectivity.
“The current market environment is reinforcing the strategy behind the expansion of our supply and trading business,” said James Ballengee, Chairman, President and Chief Executive Officer of Vivakor. “We have spent the past several months building recurring volume and commercial relationships across the VST platform, and the increased activity we are seeing demonstrates the value of that foundation.”
Ballengee continued, “We remain focused on building scale and expanding recurring commercial activity. As market conditions continue to evolve, we believe VST is well positioned to identify and execute additional opportunities and continue the momentum we have established.”
Vivakor’s physical crude oil marketing activities are supported by access to key U.S. crude oil markets, pipeline-connected terminaling and storage capabilities, and established commercial relationships that provide flexibility to respond to changing market conditions and evolving supply and demand dynamics.
About Vivakor, Inc.
Vivakor, Inc. is an integrated provider of sustainable energy transportation, storage, reuse, and remediation services, operating one of the largest fleets of oilfield trucking services in the continental United States. Its corporate mission is to develop, acquire, accumulate, and operate assets, properties, and technologies in the energy sector. Vivakor’s integrated facilities assets provide crude oil and produced water gathering, storage, transportation, reuse, and remediation services under long-term contracts.
Once operational, Vivakor’s oilfield waste remediation facilities will facilitate the recovery, reuse, and disposal of petroleum byproducts and oilfield waste products.
For more information, please visit our website: www.vivakor.com
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