Trump Holds Urgent White House Talks as Strait of Hormuz Tensions Escalate Globally
A high-level emergency meeting has been convened by Donald Trump at the White House as tensions surrounding the…
IEA Chief: Current Energy Crisis Worse Than 1973, 1979, and 2022 Combined
The current energy crisis is worse than the oil and gas crises of 1973, 1979, and 2022 taken…
Oil Could Hit $200 If Hormuz Stays Near-Closed for Six More Weeks, Expert Warns
Oil prices could jump to $200 per barrel and even higher if the Strait of Hormuz remains near-closed…
At least 40% of Russia’s oil export capacity halted, Reuters calculations show
At least 40% of Russia’s oil export capacity is at a halt following Ukrainian drone attacks, a disputed…
Oil Prices Soar as Iran Conflict Threatens Middle East Supply
Iranian President Masoud Pezeshkian has praised the appointment of Mojtaba Khamenei as the country’s new supreme leader, calling…