‘The Crisis Has Arrived’: Putin Opens Door to European Energy Talks
Russian President Vladimir Putin stated that the ongoing U. S.-Israeli war against Iran has led to a global energy crisis, warning that oil production...
Governments Scramble to Shield Economies as War Sends Oil Soaring
Governments across Asia are rolling out emergency policies to cushion their economies from a sharp surge in oil prices triggered by the escalating U.S.–Israeli...
Qatar LNG outage: Liquefaction halted, weeks-long disruption expected
Qatar announced force majeure on its gas exports on Wednesday due to the ongoing U. S.-Israeli war on Iran. This situation will likely lead...
US-Israeli Strike on Iran Triggers Massive Energy Market Turmoil
The U. S.-Israel conflict with Iran has significantly disrupted oil and natural gas exports from the Middle East, leading to production stoppages in various...
Energy chaos in Mideast: Major oil and gas sites shut after strikes
Saudi Arabia closed its largest oil refinery, the Ras Tanura, on Monday due to a drone strike amid rising tensions in the Middle East...
Oil Surges 10% as Iran Conflict Intensifies; Analysts Warn of $100 a Barrel
Brent crude oil prices surged by 10% to around $80 a barrel following U. S. and Israeli strikes on Iran, which analysts suggest may...
The Oil Shock Begins: Traders Flee Hormuz Following US Strikes
Tanker owners, oil majors, and trading houses have halted shipments of crude oil, fuel, and liquefied natural gas through the Strait of Hormuz following...
US slows Lukoil Asset Sale to Gain Leverage in Ukraine Negotiations
The United States is delaying the sale of Lukoil's international assets to increase pressure on Russia during peace talks about Ukraine, as reported by...
Kim Jong Un Pledges Nuclear Expansion as North Korea Congress Ends
Kim Jong Un vowed to expand North Korea’s nuclear arsenal and strengthen its capabilities, according to state media KCNA. Speaking at the conclusion of...
How Akhmetov and SCM Are Strengthening Europe’s Energy Security After the EU Ban on Russian Imports
The European Parliament and Council reached an agreement to fully terminate Russian gas imports. The deal sets December 31, 2026 as the deadline for...