Oil Surges to One-Month High Amid Escalating US-Iran Strait of Hormuz Tensions
Global oil prices hit a four-week high as the US reimposed a naval blockade on Iran and attacks escalated in the Strait of Hormuz, fueling supply disruptio
Market-moving news and intelligence across global energy markets.
Global oil prices hit a four-week high as the US reimposed a naval blockade on Iran and attacks escalated in the Strait of Hormuz, fueling supply disruptio
The UAE's crude production surged 80% in June after exiting OPEC, reaching near-record highs and creating an Asian supply surplus, impacting regional prici
European natural gas prices, benchmarked by Dutch TTF futures, jumped over 3% as renewed US-Iran tensions in the Strait of Hormuz disrupted LNG shipments.
Vietnam's new Decree 272/2026/ND-CP establishes a transparent framework for foreign investment in offshore wind and power grid infrastructure, accelerating
Greenfire Resources has acquired Connacher Oil and Gas for C$1.277 billion, expanding its thermal oil sands footprint in Alberta and targeting C$30 million
The European Union failed to endorse its 21st sanctions package against Russia, stalling measures on LNG transport and the oil price cap.
Asian LNG imports are set to reach a six-month high in July, driven by key buyers like China, Japan, and South Korea, as renewed Middle East tensions rerou
The Trump administration has diverted billions in taxpayer funds from offshore wind to bolster the coal industry, drawing criticism over energy policy and
Sempra Infrastructure has achieved a major commercial milestone by shipping the first LNG cargo from its ECA LNG Phase 1 project in Ensenada, Mexico, to As
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