Energy
Global oil prices hit highest level in 5 months amid attacks on ships, facilities - ABC News - Breaking News, Latest News and Videos
Energy
The acceleration of plans for alternative routes to ship oil out of the Middle East could make the Strait of Hormuz “redundant” in five years, Georges Elhedery, chief executive of banking giant HSBC Group, said at the HSBC Future Forum 2026 in Dubai on Tuesday. “Of course, we do wish and hope to see
Energy
Iran war tilts balance of global oil power towards Americas - Financial Times
Energy
Liquefied natural gas prices on the Asian spot market topped $30 per million British thermal units for the first time since December 2022, Bloomberg reported earlier today. The price jump follows a report about a strike on an LNG tanker in the Gulf of Aden, off the Yemeni coast. The UK Maritime Trad
Energy
Oil Prices Rise as Traders Weigh Saudi Aramco Attack Report, Hormuz Shipping Risks - WSJ
Energy
Qatar is offering to take over Lebanon's power supply problem at no upfront cost to Beirut. A draft program seen by Reuters has Qatar building two gas-fired power plants within three years and QatarEnergy supplying the gas under a 20-year LNG contract, with private financing in place of Lebanese pub
Energy
Japan’s average power prices jumped by over 25% at the start of this week from the previous week amid soaring LNG and higher coal prices. The nationwide power price rose by over 25% week-to-week to $0.19 (31.15 Japanese yen) per kilowatt-hour (kWh) on Monday, Bloomberg reported, citing data from Jap
Energy
Oil Prices Fall as Traders Weigh Russia Sanctions Waiver, Middle East Risks - WSJ
Energy
Gold edges higher on softer oil; Fed rate outlook in focus - Reuters
Energy
Brent crude hovers near $109 a barrel as Ukraine resumes energy strikes, tankers attacked in Middle East - CNBC
Energy
The Hormuz crisis is not only hitting crude oil and gas, but also container shipping. It is also tightening its grip on global shipping through the fuel tanks of vessels carrying world trade. Disrupted exports, constrained refinery supplies, and increasingly unreliable deliveries are clearly at pres
Energy
St. Petersburg oil facilities ablaze as Ukraine launches more than 1,000 drones at Russia - NBC News