ADNOC's eighth spot tender since June shows the UAE ramping up crude exports outside OPEC despite Hormuz shipping risks.
China’s independent refiners are expected to increase purchases of Iranian crude as Shandong inventories shrink sharply ...
Ukraine’s military claimed another drone attack on an oil refinery in Russia in the early hours on Tuesday as Ukrainian forces continue to target Russia’s energy producing and exporting infrastructure ...
Hormuz tensions are flaring again as Iranian exports collapse, pushing Brent toward $87 and raising the risk of another run toward $100. - Shrinking crude inventories in China might spur a buying ...
Europe is especially vulnerable, with refinery closures, depleted inventories, and reduced access to Russian-linked fuels ...
The disruption of the Strait of Hormuz could cause investors to place a lasting premium on resilient access to global markets ...
Khamenei names IRGC veteran Mohsen Rezaei as Iran's security council secretary, replacing Zolqadr amid fallout from the ...
Blanch said only around 5 to 10 ships per day are currently passing through Hormuz, compared with roughly 140 before the war.
OPEC output rose 1.17 million bpd in July as Gulf producers restarted flows halted by the Strait of Hormuz closure, a Reuters survey shows.
Vessel traffic at the Strait of Hormuz keeps falling as U.S.-Iran deal hopes fade again, with just six ships crossing Monday.
CEZ lifted its full-year earnings forecast after stronger distribution results, higher nuclear generation and firmer electricity prices.
Global gas turbine orders reached a record 38 GW in the second quarter as surging electricity demand, particularly from U.S. data centers, intensified competition for limited manufacturing capacity.