Global Markets Waver as Trump Signals Possible Iran Deal and Oil Prices Retreat
Global financial markets remained volatile on Tuesday after United States President Donald Trump announced that he had paused a planned military strike against Iran...
UAE Accelerates Oil Pipeline Expansion to Bypass Strait of Hormuz
The United Arab Emirates has announced plans to accelerate construction of a major new oil pipeline designed to significantly expand its ability to export...
Japan Secures Oil Tanker Passage Through Strait of Hormuz Amid Regional Crisis
A Japan linked oil tanker managed by Eneos successfully passed through the Strait of Hormuz amid ongoing regional tensions linked to the United States...
Emerging Market Assets Recover as Oil Prices Ease and Trump Xi Talks Loom
Emerging market stocks rebounded on Wednesday after suffering sharp losses in the previous session, supported by easing oil prices and renewed optimism around artificial...
US Blockade Chokes Iran Oil Exports as Crude Piles Up at Sea
A United States naval blockade of Iranian ports is sharply reducing Tehran’s oil exports, forcing unsold crude onto tankers as storage facilities fill up....
Syria Turns to Russian Oil Despite Westward Shift
Despite efforts to rebuild ties with Western nations, Syria remains heavily dependent on Russia for its oil supply. Since the fall of Bashar al...
Singapore invites bids for next‑gen hydrogen‑ready gas power plants
Singapore's Energy Market Authority has invited private sector proposals to construct hydrogen-ready combined cycle gas turbine (CCGT) units, which are expected to be operational...
Which oil tankers are transiting the Strait of Hormuz amid the Iran war
The U. S. has a blockade on Iranian ports, while Iran has lifted and then reimposed its blockade on marine traffic in the Strait...
Nearly 100 Russian ‘shadow fleet’ ships cross UK waters undeterred by Starmer’s threat
Prime Minister Keir Starmer's recent decision to allow the British military to board ships from Russia's "shadow fleet" has not changed the volume of...
UAE Breaks from OPEC and OPEC+ in Major Policy Shift
The United Arab Emirates announced on Tuesday that it is leaving OPEC and OPEC+, which poses a significant challenge for these oil-exporting groups and...