Keywords: Energy supply
Shipping through the Strait of Hormuz remains significantly below normal levels despite the continued movement of oil and energy cargoes through the strategic waterway, as diplomatic efforts and military tensions continue to shape the outlook for maritime traffic. The strait has become a central point......
European Union gas storage facilities were around 70% full on September 23, highlighting the progress made ahead of the winter season while remaining below last year’s level and exposing significant differences between member states. Data from Gas Infrastructure Europe (GIE) showed that EU storage......
Morocco has reaffirmed its support for Saudi Arabia in the face of attacks attributed to the Houthis, while calling for a strengthened international response to preserve the security of major maritime routes in the region. This position was expressed on Thursday by the Minister of Foreign Affairs, African......
The Iranian Revolutionary Guards claim that Tehran and Muscat have reached several agreements regarding the management of the Strait of Hormuz, including the allocation of maritime spaces and revenues related to navigation. The situation regarding the Strait of Hormuz is evolving. The Iranian Revolutionary......
More than 660 million barrels of crude oil have reportedly crossed the Strait of Hormuz aboard commercial tankers since early May, despite continuing security concerns and threats to maritime traffic in one of the world's most important energy corridors. According to U.S. Central Command, American......
Global energy markets could be heading toward another period of pressure, with refined fuels emerging as a greater concern than crude oil prices, according to veteran market strategist Jeff Currie. Speaking to CNBC, Currie, chief strategy officer at Altis Partners, argued that consumers are ultimately......
European natural gas prices rose sharply in July 2026, reaching their highest level since the beginning of 2023 as supply concerns and strong seasonal demand continued to influence the region's energy market. According to recent market data, the average price of natural gas increased significantly......
OPEC Secretary-General Haitham al-Ghais has strongly defended the reliability of Middle East oil producers, urging international markets and watchdogs not to question their long-standing commitment to global energy security amid the ongoing regional crisis. In an official statement published by the......
Global oil prices experienced a sharp upward surge on Thursday, with Brent crude breaching the key psychological threshold of 100 dollars per barrel for the first time since May. The spike was triggered by escalating attacks on commercial maritime traffic in the Red Sea, which compounded ongoing navigation......
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