More: Oil

Oil Market Calm Masks Growing Supply Shock as Iran Crisis Reshapes Global Flows

The global oil market is currently experiencing what analysts describe as a “deceptive calm,” despite one of the most severe supply disruptions in modern...

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...

EU Strategic Autonomy and Energy Diversification: Risks to European Energy Security

The 2022 Russian invasion of Ukraine sparked discourse on Russian energy supply as a crucial resource chokepoint to EU member states. The energy crisis...

Australia Orders LNG Exporters to Reserve 20 Percent Gas Supply for Domestic Market

Australia has announced a major energy policy shift requiring liquefied natural gas exporters on the east coast to reserve 20 percent of their gas...

US Iran deal memo talks gain momentum after Trump pauses Strait mission

Reports from a US media outlet suggest the White House may be close to a preliminary memorandum aimed at ending the conflict with Iran,...

Australia unveils 10.7 billion dollar fuel security plan with national reserve push

Prime Minister Anthony Albanese has announced a major fuel security package worth 10.7 billion dollars as Australia faces ongoing concerns over supply disruptions. The...

Iran Oil Shutdown Risks: Strait of Hormuz Crisis Could Damage Wells and Disrupt Global Supply

The escalating confrontation between the United States and Iran has pushed the Strait of Hormuz into prolonged disruption, with the vital shipping route effectively...

OPEC After the UAE Exit: The End of Oil Unity

The withdrawal of the United Arab Emirates to abandon OPEC is far more than just a change in policy, but represents a change in...

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...

A Fractured Cartel: What the UAE’s Exit Means for Global Oil Governance

I. The Moment That Changes Everything When the United Arab Emirates announced on Tuesday that it would quit OPEC effective 1 May—after nearly six decades...

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Syria appoints final lawmakers, new parliament to convene next week

Syria has completed the formation of its transitional parliament...

Iran seeks permanent Strait of Hormuz control in US talks

Iran is seeking international recognition of its authority over...

Spain links more than 1,000 excess deaths to record June heat

Spain recorded 1,029 excess deaths attributable to heat during...

European shares dip as Iran peace doubts weigh on markets

European stock markets edged lower after a strong quarterly...

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