The strategic shipping lane carries a fifth of the world's oil. Analysts warn prolonged disruption could send fuel prices ...
WHAT’S HAPPENING TODAY: Good afternoon and happy Thursday, readers! Snow is steadily falling outside the Washington Examiner’s office as Callie and Maydeen write today’s edition of Daily on Energy.
Iran escalates drone attacks on Gulf energy sites and shipping, slashing Strait of Hormuz traffic and threatening oil/LNG ...
The IEA said the disruption to oil markets is the largest in history. Crude spiked back toward $100 on Thursday amid fresh tensions.
United States achieves energy independence with highest oil production ever recorded, reducing Middle East reliance as conflicts disrupt global supply chains.
Given the energy disruptions in the Middle East and the topsy-turvy fluctuation in the price of crude oil in recent weeks, here are a few facts about the energy scene.
The escalating war between the U.S., Israel, and Iran is creating the most severe disruption to global energy markets since ...
The prospect of a prolonged Iran war and elevated oil prices is prompting stock investors to reassess a broader array of ...
The International Energy Agency said the closure of the Strait of Hormuz has triggered the largest disruption to global oil ...
U.S. oil traded 7.6% higher at $72.12 per barrel, while international standard Brent was up 8.6% at $79.11 per barrel. Natural gas futures in Europe jumped more than 40% after Qatar, a major supplier, ...
The Israel-Iran conflict escalated dramatically during the weekend of June 14–15, with both sides attacking each other’s energy infrastructure, yet oil prices have since receded on the expectation ...