Iran’s control over the geography surrounding the Strait of Hormuz gives it the ability to threaten a critical global oil ...
Rising global demand and volatile prices for lithium, essential for clean energy, are driving a domestic extraction rush in the US, with massive potential deposits discovered in Northeast Texas, ...
Years of underinvestment in oil projects, limits to U.S. shale growth, and geopolitical risks mean markets could stay tight.
The war-driven closure of the Strait of Hormuz is inflicting severe oil and gas revenue losses on Gulf producers.
TotalEnergies reports that the war in the Middle East has shut in approximately 15% of its global oil and gas output, though a higher oil price is expected to offset the financial loss.
Brent crude is set to close above $100 for the first time since 2022 as tensions around the Strait of Hormuz intensify.
Saudi Arabia has slashed oil output by roughly 20% as the war with Iran continues to choke off exports from the Persian Gulf, in what could become one of the largest sudden supply losses the global ...
The top Asian refiner, China’s state-controlled Sinopec, plans to slash this month its refinery processing rates by 11-13% as crude supply is choked by the Middle East war ...
The IEA says the war has caused the biggest crude supply disruption in oil market history. Oil rose back above $100 even after a record 400 million barrel reserve release. Analysts warn that a ...
Saudi Arabia is shifting more Arab Light crude exports to Yanbu as it seeks to reduce reliance on Gulf routes.
Goldman Sachs predicts Brent Crude will average above $100 per barrel in March due to the ongoing Middle East conflict choking supply, with prices potentially surging higher if the disruption at the ...
U.S. and Israeli strikes have severely damaged Iran’s conventional naval fleet, sinking dozens of vessels and destroying several major warships. Iran’s IRGC Navy continues to threaten shipping through ...
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