Keywords: Global energy markets
U.S. military forces have diverted 86 commercial vessels and stopped three others since Washington imposed a blockade on Iranian ports in mid-July, according to U.S. Central Command (CENTCOM). In a statement published on X, CENTCOM said that as of September 2, American forces had redirected 86 commercial......
U.S. President Donald Trump has floated the idea of renaming the Strait of Hormuz the “Trump Strait” after claiming that the United States has gained control over the strategically vital waterway. In a post on his Truth Social platform, Trump asked whether the strait should be renamed now......
U.S. President Donald Trump has announced a new oil agreement with Venezuela that he says will give American interests majority control over more than 65 billion barrels of the country’s proven oil reserves. Trump announced the deal on Friday through his Truth Social account, describing it as......
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 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......
A new phase of confrontation between Iran and the United States unfolded on Tuesday after Tehran announced that it had launched ballistic missiles at a U.S. military installation in Jordan, escalating fears of a broader regional conflict with potential consequences for global energy markets. The strike......
Nicolás Maduro has pleaded not guilty to narcoterrorism charges in a federal court in Manhattan after a United States special forces raid in Venezuela left at least 80 people dead and triggered widespread international condemnation. The Venezuelan president, captured along with his wife Cilia......
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