Iran’s threat to burn ships is choking off Persian Gulf oil flow to world
BEIRUT — When Iran’s Islamic Revolutionary Guard Corps warned this week that ships traversing the Strait of Hormuz would be…
Commission and EU countries confirm no immediate oil or gas supply concerns following the disruptions in the Middle East
In separate ad hoc meetings of the Gas Coordination Group and the Oil Coordination Group held this morning, the Commission…
US Natural Gas Slips, Halting Historic Rally After Cold Snap
(Bloomberg) — US natural gas futures jumped on Wednesday shortly before the February contract expired, reversing earlier losses…
World’s largest oil consuming countries 2024
TBS Report 26 November, 2025, 04:40 pm Last modified: 26 November, 2025, 05:39 pm An illustration depicts oil…
Oil Climbs Higher With US, EU’s Next Moves on Russia in
(Bloomberg) — Oil rose as hawkish rhetoric by the European Union’s top diplomat raised expectations that sanctions on…
Oil Steadies After Gains as Traders Count Down to OPEC
(Bloomberg) — Oil steadied following a three-day gain as traders eye reports that’ll shed light on the outlook…
Russia’s Coal Industry Faces Existential Crisis
Russia’s coal industry is in a bind as Western sanctions, falling Chinese demand for imported coal, and fierce…
Trump Urges World Leaders to Seize Momentum for Gaza Peace
(Bloomberg) — President Donald Trump pressed world leaders gathered at a summit on Gaza’s future to ensure the…
Stocks Swoon as Trade Jitters Spur Rush to Bonds: Markets
(Bloomberg) — Flaring trade tensions between the US and China sent shockwaves across markets Friday, hammering stocks, oil…