China to stockpile critical resources and strengthen energy security to avoid trade shocks
Beijing is prioritising “strategic material security” under its new 15th five-year plan that elevates the supply and domestic…
What the closure of the Strait of Hormuz means for the global economy
In Depth Lutz Kilian, Michael Plante and Alexander W. Richter The closure of the Strait of Hormuz following…
Middle East conflict may trigger global inflation shock if disruptions spread; India relatively insulated: SBI Research
New Delhi [India], March 21 (ANI): A widening conflict in the Middle East could trigger a fresh wave…
IEA Urges Working From Home and Cutting Air Travel to Ease Oil Supply Shock
Amid the biggest oil supply shock in history, the International Energy Agency (IEA) on Friday called on governments…
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,…
Standard Chartered Predicts Oil Prices Will Remain Higher For Longer
On Monday, European Union foreign ministers rejected demands by U.S. President Donald Trump to help secure the Strait…
Skyrocketing Gas Prices Threaten Political Order Across the Globe
While energy prices stayed steady in February, the numbers show that they were already on the rise even…
The U.S. is the world’s leading oil producer. So why are gas prices soaring?
Motorists are paying sharply higher fuel prices since the outbreak of the Iran war, despite the U.S. being the…
$100 Oil Could Deliver $63 Billion Cash Surge to U.S. Shale
Shale-focused U.S. oil producers could generate $63.4 billion in extra cash flow if the U.S. benchmark crude price…
Gas prices surpass $2 per litre in Vancouver — and they’ll continue to climb this week: analyst
Gas prices are way up across the country, but particularly high in B.C. Analysts say prices will continue…
Trump warns NATO to help secure Strait of Hormuz or face ‘very bad future’ – National
U.S. President Donald Trump had a warning for his NATO allies over the weekend – help the U.S.…
The Global Campaign to Control Oil Prices
By Kurt Cobb – Mar 16, 2026, 11:00 AM CDT
Governments are rushing to curb oil prices…