More: Oil
How a US Naval Blockade of Iran Could Squeeze Global Oil Supply
The United States, under Donald Trump, has announced plans to block shipping linked to Iran following the collapse of nuclear and ceasefire talks.
Although Washington...
Iran Strike on Oil Tanker Escalates War and Raises Stakes for Global Energy
A major escalation in the Iran conflict unfolded after a crude oil tanker was struck and set ablaze near Dubai, underscoring the growing vulnerability...
Oil Reserves do not Solve an Oil Shock
The renewed oil shock has exposed an old truth that governments keep trying to forget. Energy markets may look global, digital, and sophisticated, but...
IEA Considers Record Oil Release
The global energy market is bracing for emergency intervention as the International Energy Agency considers the largest release of strategic oil reserves in its...
G7, EU Leaders to Hold Talks on Soaring Energy Prices Amid Iran War
G7 energy ministers will hold a call on Tuesday to discuss sharply rising energy prices triggered by the ongoing war in Iran, officials said....