In a heated exchange during a recent G7 summit video call, UK Prime Minister Keir Starmer challenged U.S. President Donald Trump on his approach to Middle East policy, particularly regarding Iran’s nuclear ambitions and regional […]
In an increasingly volatile global energy landscape, China—the world’s largest oil importer—relies heavily on discounted crude from sanctioned or geopolitically unstable suppliers to fuel its economy. Venezuela and Iraq together provide a significant portion of […]
In a significant disruption to energy flows in the Eastern Mediterranean, Chevron has declared force majeure at Israel’s Leviathan natural gas field following a government-ordered temporary shutdown. The halt, prompted by heightened security risks amid […]
In a remarkable turnaround for Venezuela’s beleaguered oil sector, crude exports surged in February 2026, doubling from January levels amid a U.S.-supervised deal that has reshaped the country’s energy trade. This development not only boosts […]
The Strait of Hormuz, a narrow waterway connecting the Persian Gulf to the Gulf of Oman, remains one of the world’s most vital energy arteries. In 2024, approximately 20 million barrels per day (b/d) of […]
In a landmark transaction shaking up the utility and power generation sector, a consortium led by BlackRock’s Global Infrastructure Partners (GIP) and Swedish private equity firm EQT AB has agreed to acquire AES Corporation for […]
In a dramatic escalation of tensions in the Middle East, QatarEnergy, the world’s largest liquefied natural gas (LNG) exporter, announced on March 2, 2026, a complete halt to its LNG production following Iranian drone strikes […]
The escalating conflict between the United States, Israel, and Iran has sent shockwaves through global energy markets, particularly affecting refined oil products like diesel, gasoline, and jet fuel. As of March 2, 2026, the war—now […]
The escalating conflict between the United States, Israel, and Iran, marked by military strikes and retaliatory actions, has thrust the global oil market into turmoil. As of March 1, 2026, Iran’s threats to close the […]
As oil traders brace for the opening of markets on Monday, March 2, 2026, the escalating conflict between the United States, Israel, and Iran is shattering the prevailing narrative of an oil glut. For months, […]
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