Global sigh of relief and mixed messages as US and Iran say Strait of Hormuz open
that maritime traffic through the Strait of Hormuz was “declared completely open for the remaining period of ceasefire,”…
Malaysia joins growing list of countries turning to WFH amid fuel crisis
Malaysia has made the decision to join several other nations in adopting stricter crisis-mode tactics amid the Iran…
European markets open lower as oil prices continue to soar
Published on 30/03/2026 – 7:07 GMT+2•Updated 10:00 European markets opened lower on Monday as investor sentiment remains cautious…
Marcos says Philippine crude oil supply enough until end of June – ABS-CBN
Marcos says Philippine crude oil supply enough until end of June ABS-CBNMaine-Arjo over? Atayde fam’s PR cites sickness for…
Trump’s trillion-dollar TACO that wasn’t: Iran confronts the master of the deal with a partner he can’t bully
On Monday morning, it looked like President Donald Trump, the self-proclaimed “Master of the Deal,” had done it…
Oil Prices Surge as Brent-WTI Spread Blows Out on Iran Supply Risk
Oil prices surged sharply on Wednesday as the Iran conflict continued to disrupt flows through the Persian Gulf,…
With oil prices soaring, can Venezuela’s vast supplies fill the gap?
On paper, Venezuela should be an oil-churning powerhouse. It sits atop an estimated 303 billion barrels, which translates…
Skyrocketing energy prices and inflation woes mount as the ‘absurd’ reality in Iran sinks in
The immediate shock of the U.S. and Israeli war with Iran is felt most acutely in fuel prices. As…
Aramco Asks Asian Buyers for Dual Red Sea-Hormuz Oil Supply Plans
Saudi Arabia’s oil giant Aramco is requesting from Asian buyers to nominate crude loading plans for April for…
Aramco Warns of Catastrophic Consequences from Hormuz Crisis
The oil market would experience “catastrophic consequences” if the halt to Strait of Hormuz tanker traffic continues, according…
Oil Bears Are Dangerously Underestimating Geopolitical Risk
For decades, oil prices could swing wildly on even the distant prospect of war in the Middle East.…
Canadian oil a ‘meat and potato’ staple for U.S. Gulf refineries
Enbridge’s (ENB.TO)(ENB) top executives say Canadian crude will continue to see strong demand from U.S. Gulf Coast refineries,…