Taroom Trough Oil Boom: Real Energy Breakthrough or Overhyped Promise?
Queensland’s Taroom Trough has recently been promoted by political leaders as a potential source of major domestic oil supply, with some describing it as...
Trump warns Iran over ‘blackmail’ as Tehran tightens control of Strait of Hormuz
Iran announced on Saturday that it was tightening control over the Strait of Hormuz, declaring the vital energy route closed once again. This move...
UN Watchdog Warns North Korea Rapidly Expanding Nuclear Weapons Capacity
North Korea has significantly accelerated its nuclear programme, according to the International Atomic Energy Agency.
IAEA chief Rafael Grossi reported increased activity at the country’s...
US Moves to Choke Iran’s Oil Lifeline as Talks Collapse
The United States has announced a sweeping naval blockade of Iranian ports following the collapse of high-stakes negotiations in Islamabad.
The talks marked the first...
Ukraine strikes Russian energy targets again — here’s what’s been hit
Ukraine has intensified its attacks on Russian energy facilities recently, as peace talks show no signs of progress. Several key facilities have been impacted:NORSI,...
Trump: US to step in and help manage Strait of Hormuz congestion
U. S. President Donald Trump announced on Wednesday that the United States will assist in increasing shipping traffic in the Strait of Hormuz.
On Tuesday,...
Even with Hormuz reopened, jet fuel supplies won’t recover for months, IATA warns
The head of the International Air Transport Association (IATA), Willie Walsh, stated on Wednesday that it would take months for jet fuel supply to...
Macron: Over 15 countries plan to secure Strait of Hormuz access
French President Emmanuel Macron announced that about 15 countries are working together to resume traffic through the Strait of Hormuz, where a fifth of...
Kremlin Says the World Is Lining Up for Russian Energy
The Kremlin announced that there is a large demand for Russian energy amid a severe global energy crisis affecting oil and gas markets. The...
Oil Rises as Hormuz Shuts, Iran Strikes Intensify, Trump Deadline Looms
Oil prices increased on Tuesday as a deadline from U. S. President Donald Trump approached, demanding Iran reopen the Strait of Hormuz or face...