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Rystad Energy’s Lin Ye warns that Asia is bearing the brunt of crude disruptions in the Strait of Hormuz, noting that refineries are highly reliant on Middle Eastern crude in order to service global demand. President…
Various car selling platforms have reported a sharp increase in consumer interest for EVs since the Middle East crisis began.
US naphtha exports are surging as the Iran war cuts off supplies from the Mideast, prompting buyers in Japan to turn to Texas and Louisiana for the petrochemical feedstock.
France and Japan agreed on the need for a ceasefire in Iran and safe passage for shipping in the region, President Emmanuel Macron said after talks with Japanese Prime Minister Sanae Takaichi. (Source: Bloomberg)
Rising oil prices and supply risks are testing global markets as the Iran war threatens flows through the Strait of Hormuz. Canada says its LNG, oil and nuclear projects could help fill gaps for Asia. Trade Minister…
Bilal Saab, Senior Managing Director at TRENDS US and an associate fellow at Chatham House, warns that Iran has a plethora of options to cause mayhem in global energy markets. Saab, who served as a senior advisor to…
Trump said the US would hit Iran extremely hard over the next two to three weeks while diplomatic talks continue, in a rare prime-time address on Wednesday that cast the war as a military success. (Source: Bloomberg)
The US president called on nations that need Gulf oil to take the lead to keep the Strait of Hormuz open.
Oil traders that normally thrive on volatility caught out by scale of crisis as energy shock unfurled
Azzurri fail to make third-straight men’s World Cup after humiliating loss to Bosnia and Herzegovina
Distressed-debt funds see a potential bonanza in the downturn in private credit
Conflict prompts countries to revisit plans that replicate Saudi Arabia’s East-West pipeline despite huge cost and complexity