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Philippine Peso: Inflation and politics weigh on PHP against US Dollar – ING
ING economists Deepali Bhargava and Lynn Song warn that upside inflation risks are re-emerging for t...
UK Drivers Take To Fuel Theft amid War-Driven Price Surge
Drivers in the United Kingdom have started filling up their tanks without paying for the fuel as dri...
Fed’s Musalem backs rate hikes, says inflation remains too high
The St. Louis Fed President, Alberto Musalem, stressed that “inflation is too high” and that it’s “c...
ADNOC Sends Another LNG Carrier Through Hormuz in “Dark Mode”
Emirati ADNOC has sent a second LNG carrier through the Strait of Hormuz, Bloomberg reported today, citing shipping data that shows the vessel is sailing to India. The publication earlier this week re ...
U.S. Sends Rare SPR Oil Cargo to Asia as Hormuz Crisis Reshapes Trade
A tanker loaded with crude oil from the U.S. strategic petroleum reserve has set off from the Gulf of Mexico to the Philippines in what is the first U.S. oil shipment to Asia since late 2022, Reuters ...
Europe’s Arctic Oil Dilemma Deepens as Supply Fears Grow
A dozen financial institutions from Scandinavia have urged the European Commission to remain firm in its opposition to Arctic oil drilling even as the bloc faces physical oil shortages in weeks, accor ...
IEA: Global Electric Car Sales Topped 20 Million In 2025
Over the past five or so years, the global electric vehicle (EV) market has been rapidly transforming from a niche segment into a mainstream industry thanks to plunging battery costs, aggressive emiss ...
Alaska’s Oil Revival Gains Momentum
Oil majors are rediscovering Alaska amid the unprecedented oil and gas crunch caused by the war in the Middle East. Previously considered a sort of toxic drilling destination, the northernmost state i ...
India Turns to Russia, Brazil, and Venezuela for Crude
The world’s third-largest crude importer, India, is accelerating efforts to diversify its oil imports in the wake of the Middle East crisis. India had begun raising imports from Russia three years bef ...
NATO Warns Russia’s Hybrid War Is Targeting Europe’s Energy Grid
While many may be focusing on the transfer of nuclear weapons from Russia to Belarus on NATO’s northeastern Baltic States border, the bloc's security apparatus is at least as concerned about imminent ...
U.S. Natural Gas Prices Surge On Lower Output, Higher LNG Flows
U.S. natural gas prices surged on Tuesday, with a combination of declining domestic output and an improving demand outlook helping the gas market break past prior downward pressure from seasonal maint ...
How U.S. Control of Venezuelan Oil Is Reshaping Asian Energy
Asian nations are scrambling to find new oil and gas suppliers as the Iran war stretches on and negotiations over the Strait of Hormuz remain murky at best. Asia, the primary purchaser of oil and gas ...
Ukraine Cuts Gas Storage Rates To Encourage Domestic Buildup Ahead Of Winter
Ukraine's state energy regulator has cut storage fees for natural gas by 11% in a bid to accelerate domestic gas injection, with an option to further lower the rate if capacities are booked long-term ...
Gulf Shipping Crisis Fuels New Eurasian Corridors
Donald Trump and Bibi Netanyahu deserve thanks for boosting Eurasia connectivity after their attacks on Iran resulted in the collapse of ship traffic through the Strait of Hormuz. Unfortunately, the a ...
China's Rare Earth Grip Holds Despite Trump-Xi Talks
Donald Trump returned from Beijing calling his two-day summit with Xi Jinping a "success,” but the rare earth market is less convinced. Despite closely watched talks on May 14-15, no formal agreement ...