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United States Dollar Index holds gains near 100.00 due to renewed US-Iran tensions
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currenc...
European Gas Storage Can’t Survive 3 More Months of Hormuz
Europe could face a critical shortfall in natural gas stocks if shipping disruptions through the Strait of Hormuz persist for another 1-3 months, senior executives at Norwegian energy giant, Equinor A ...
Norway Doubles Down on Oil and Gas as Europe Scrambles for Supply
Norway, well known for its oil and gas production, has ramped up its fossil fuel output in recent weeks to fill the gap following the closure of the Strait of Hormuz and the ongoing energy trade disru ...
EU's 20th Sanctions Package Forces Kyrgyzstan's Hand on Russia Trade
Kyrgyzstan has taken sweeping action to clamp down on companies suspected of circumventing Western sanctions imposed on Russia following its full-scale invasion of Ukraine in 2022. The Kyrgyz Justice ...
Asia’s Next Energy Hub May Rise in Malaysia
Global energy market assumptions are breaking down. Until the Iran War, global oil and gas markets were built on a dangerous illusion: that the Strait of Hormuz would always remain open, predictable, ...
Oil Markets Ignore Red Flags as Global Energy Crisis Deepens
Global oil markets remain under severe stress as Hormuz disruptions, weak economic data, and tightening inventories reshape energy flows worldwide. Friday, May 22, 2026 In a week of contradicting narr ...
EU Warns Energy Prices Will Stay Elevated Through 2027
Top EU officials said Friday that oil and gas prices are expected to remain elevated through at least the end of 2027, with the fallout from the Iran war likely to keep pressure on inflation and econo ...
Why Saudi Arabia Is Losing Asia’s Oil Buyers
Saudi crude exports have been falling since the US- Iran war began, but the latest slide is no longer just a story of disrupted trade routes. Cargoes scheduled to sail from Saudi Arabia in May are now ...
Brazil’s Lula Doubles Down On Oil And Rare Earths As Brazil’s Strategic Future
Brazilian President Luiz Inácio Lula da Silva has explicitly linked oil exploration and rare-earth mining to Brazil's national sovereignty, declaring that the country’s subsoil resources must be used ...
UK Adds New Tax Pressure as Energy Security Concerns Grow
Britain is tightening another screw on its oil and gas sector, this time by closing a tax structure that officials say allowed multinational energy firms to sharply reduce taxes on profits generated f ...
Oil Could Enter Red Zone by July/August: IEA
The oil market is heading into what Fatih Birol calls the "red zone" this summer. Speaking Thursday at Chatham House in London, Birol warned that rapidly falling inventories, missing Middle Eastern ex ...
ADNOC Warns Gulf Oil Disruptions Could Last Until 2027
It still seems that oil markets are believing their own theories more than hard-hitting warnings from Arab national oil companies. Even with all signs on red, optimism still shows oil prices as depres ...
UK Fuel Crunch Forces Starmer to Face Difficult Policy Choices
Sir Keir Starmer has spelt out a number of policies to address fuel shortages, signalling the government’s fears that the Iran war could hit motorists and households. During Prime Minister’s Question ...