More: Energy
Middle East Conflict: Why Investors Are Bracing for a Market Hit
Conflict in the Middle East has shifted from being a minor concern to a major worry for investors due to the increasing power struggle...
How China is Securing Its Alliance with Iran’s New Power Structure
China strongly condemned the assassination of Iranian Supreme Leader Ayatollah Ali Khamenei in an official statement issued by the Chinese Foreign Ministry on Sunday,...
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...
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...
EU to propose permanent ban on Russian oil after Hungarian elections
The European Commission plans to submit a legal proposal on April 15 to permanently ban Russian oil imports. This timing, just after Hungary's parliamentary...
Russia launches massive strikes on Ukraine power grid, targeting energy infrastructure
Russia launched strikes on Ukraine, using drones, ballistic, and cruise missiles, targeting energy infrastructure and causing at least one death, according to Ukrainian officials....
Hungary blocks €90 billion EU loan for Ukraine amid Russian oil transit dispute
Hungary’s foreign minister announced that Hungary will block a 90-billion-euro EU loan for Ukraine until Ukraine resumes oil shipments through the Druzhba pipeline. Oil...
The Venezuelan oil rush is on. Now comes the hard part
In September, the drilling rig named Alula arrived in Venezuela’s Lake Maracaibo after traveling from China. This was significant because it was the first...