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Keywords: Energy


Oil prices hover around $110 amid Middle East tensions

Oil prices settled around $110 per barrel on Monday as markets remain tense over the Middle East conflict, where Donald Trump has threatened critical Iranian infrastructure, while potential negotiations are being monitored. In Tokyo, one of the few exchanges open on this Easter Monday, the stock market......

Opec+ considers output increase amid global supply disruptions

The oil-producing alliance OPEC+ is reportedly discussing a potential increase in oil output, even as ongoing geopolitical tensions continue to disrupt global energy markets. Sources indicate that member countries may agree to raise production levels in principle. However, analysts suggest that any......

Slovak PM urges EU to lift Russian oil and gas sanctions to strengthen energy security

Slovak Prime Minister Robert Fico called on the European Union to lift sanctions on Russian oil and gas imports, restore flows through the Druzhba pipeline, and seek a resolution to the war in Ukraine, emphasizing the need to address the ongoing energy crisis. Speaking after a discussion with Hungarian......

EU countries push for windfall tax on energy firms amid rising prices

Five European Union countries have called for the introduction of a windfall tax on energy companies, as rising fuel prices continue to put pressure on households and economies across the region. The proposal comes amid renewed energy market volatility linked to geopolitical tensions. Finance ministers......

Polymarket prices 77% chance of $120 oil after U.S. fighter jet downed over Iran

The downing of a U.S. F-15E Strike Eagle over Iran on Friday sent shockwaves through energy markets, with bettors on prediction platform Polymarket pushing the implied probability of WTI crude reaching 120 dollars per barrel this month to 77 percent, up from just 36 percent two days earlier. The abrupt......

Europe accelerates offshore wind as U.S. pays companies to abandon projects

A series of energy policy decisions on both sides of the Atlantic has exposed a widening divide between the United States and Europe over how to achieve energy security, with Europe pushing aggressively to expand renewable capacity while the Trump administration moves to dismantle it. On March 26, the......

Iranian drones strike Kuwait's Mina al-Ahmadi refinery again, sparking fires

Iranian drones struck the Mina al-Ahmadi oil refinery in Kuwait on Friday morning, igniting fires across multiple operational units in the latest attack on Gulf energy infrastructure since the U.S.-Israeli air campaign against Iran began in late February. Kuwait Petroleum Corporation told the official......

European Q1 earnings set to rise 4% as energy sector surges

Corporate earnings for companies in the STOXX 600 index are forecast to grow 4 percent in the first quarter of 2026, marking a rebound after a decline in the final quarter of last year, according to LSEG I/B/E/S data cited by Reuters on Thursday. The turnaround is driven primarily by a surge in the energy......

Kuwait reports attacks as refinery and power facility hit

Kuwait said on Friday that it had come under missile and drone attacks, as tensions continue to escalate in the Middle East. The announcement comes more than a month into a regional conflict that has increasingly drawn in Gulf countries. According to official statements, Kuwaiti air defenses intercepted......

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