More: Oil
The UAE Just Walked Out of OPEC and the Cartel May Never Recover
Fifty-nine years of membership, ended with a statement on a Tuesday and an effective date of Friday. The United Arab Emirates announced it will...
America Replaces OPEC as Global Oil Shock Absorber
The ongoing Iran war has reshaped global energy dynamics, shifting influence away from OPEC toward the United States. Traditionally, OPEC and key producers like...
Oil Surge and AI Boom Send Global Markets in Opposite Directions
Global markets opened the week with a split narrative as geopolitical tensions and technology optimism pulled investors in different directions. Oil prices surged after...
Druzhba Pipeline Set to Resume Oil Flows, Clearing Path for EU Loan to Ukraine
Energy infrastructure has become a central battleground in the ongoing Russian invasion of Ukraine, with supply routes carrying both economic and political weight. One...
Europe’s Savings Edge Over the US Faces Reality Check as Oil Shock Tests Households
The recent energy shock linked to tensions involving Iran has renewed debate over whether Europe is better positioned than the United States to absorb...
US Blockade of Iran Threatens Global Oil Flows and Market Stability
The United States has moved to block shipping linked to Iran following failed negotiations in Islamabad. Donald Trump announced that vessels entering or leaving...
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...