Keywords: Global energy
Only six cargo vessels crossed the Strait of Hormuz on Tuesday, according to maritime tracking data, marking the lowest daily level recorded in several weeks as security concerns continue to discourage shipowners from using the strategic waterway. Data from maritime intelligence firm Kpler showed that......
The Organization of the Petroleum Exporting Countries (OPEC) has revised its expectations for global oil demand growth, lowering its forecast for 2026 while adopting a more optimistic outlook for the following year. In its latest monthly report, OPEC estimated that global oil demand will increase by......
Iran has warned that continued regional tensions and increased military pressure could lead to stricter control or even the closure of the Strait of Hormuz and other strategically important maritime routes, raising fresh concerns over global energy security and international shipping. Senior Iranian......
US President Donald Trump has reportedly suspended plans to expand military operations against Iran, according to reports in international media, amid concerns over the potential consequences of a broader conflict and pressure on US air-defense resources in the Middle East. The reported decision comes......
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......
The International Energy Agency (IEA) has reported that its member countries have released approximately 290 million barrels of oil from strategic reserves as part of an emergency response aimed at easing pressure on global energy markets. The move comes amid heightened geopolitical uncertainty and......
Egypt is negotiating long-term liquefied natural gas (LNG) supply agreements with major international energy companies as the country seeks to secure additional fuel supplies amid rising domestic demand and tighter global gas markets. Sources familiar with the discussions said Egypt is looking to purchase......
The International Energy Agency (IEA) has warned that the global oil market is facing growing supply risks as escalating tensions in the Middle East put pressure on commercial inventories and threaten key energy routes. IEA Executive Director Fatih Birol said the agency was closely monitoring developments......
Global oil prices moved higher on Friday as renewed disruptions to shipping through the Strait of Hormuz intensified concerns over energy supplies, while escalating tensions between the United States and Iran added further uncertainty to international markets. Brent crude futures rose above $85 per......
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