Middle East3 weeks agoTotalEnergies Backs Two Major Oil Pipelines to Bypass HormuzTotalEnergies will invest in two major oil pipelines designed to bypass the Strait of Hormuz, backing Abu Dhabi’s expansion of…
Europe1 month agoEY nudges up UK growth forecast, but warns of recession if Strait of Hormuz stays closedEY nudged up its 2026 UK growth forecast on Monday but warned of a potential recession if the Strait of…
Middle East2 months agoUS strikes on Iran jolt global markets as oil surges and investors turn cautiousRenewed military tensions between the United States and Iran unsettled global financial markets on Wednesday, sending oil prices sharply higher,…
Middle East3 months ago80 Million Barrels of Crude Are Lined Up to Exit the Strait of HormuzTankers carrying a total of 80 million barrels of crude are preparing to move through the Strait of Hormuz after…
Middle East3 months agoThree Saudi oil tankers transit Strait of Hormuz following U.S.-Iran accordThree Saudi-flagged supertankers carrying around six million barrels of crude oil transited the Strait of Hormuz on Thursday, according to…
Middle East3 months agoAnalysts Tell OPEC+ Hormuz Disruption Will Last Through Year EndOil industry experts have told OPEC+ that supply disruption caused by the closure of the Strait of Hormuz will persist…
North America3 months agoChevron CEO Confirms Multiple Vessels Were Attacked in the Strait of Hormuz This WeekMultiple vessels transiting the Strait of Hormuz have suffered attacks this week, Chevron Corp. Chief Executive Officer Mike Wirth revealed…
Middle East4 months agoFirst Two LNG Carriers and a Supertanker Cross the Hormuz Since the Conflict BeganTwo liquefied natural gas carriers and a supertanker have traversed the Strait of Hormuz over the past couple of days,…
Europe4 months agoEurope’s Gas Storage Levels Cannot Withstand Another Three Months of Hormuz DisruptionEurope risks a major gas storage shortfall if disruptions through the Strait of Hormuz continue for another 1–3 months, with…
Middle East4 months agoOil Tankers Go Dark to Exit the Strait of HormuzThree supertankers laden with crude oil successfully exited the Strait of Hormuz last week, carrying Iraqi and Emirati oil, Reuters…
