Keywords: Hormuz strait
Global oil markets are facing severe disruption as major institutions warn of an accelerating supply shock linked to geopolitical conflict and restricted maritime flows. The International Energy Agency has cautioned that crude markets could enter a critical shortage phase within weeks if key transport......
Venezuela’s crude oil and fuel exports climbed to 1.25 million barrels per day in May, marking a third consecutive monthly increase. The growth reflects a steady recovery in the country’s energy sector as international buyers expand purchases of Venezuelan crude despite ongoing political......
A Qatari delegation arrived in Tehran on Friday as part of intensified diplomatic efforts aimed at advancing negotiations between the United States and Iran. The visit, coordinated with Washington, focuses on securing a framework that could halt ongoing hostilities and open a pathway toward a broader......
Global companies have incurred losses of at least 25 billion dollars due to the war between the United States and Israel and Iran. The conflict has forced widespread defensive action across corporate balance sheets, affecting pricing strategies, production levels, dividend policies, and emergency funding......
China’s Politburo has pledged to strengthen national energy security as the economic fallout from the war involving Iran spreads across global markets. The commitment comes as countries from the Gulf region to Europe face rising inflation, slowing growth, and severe disruptions in energy supply......
US crude oil inventories posted an unexpected decline of 4.4 million barrels in the week ending April 17, far exceeding market expectations for a one million barrel draw. The drop follows a 6.1 million barrel increase the previous week and reflects growing volatility in global oil markets as disruptions......
Japan has urged the United States and Iran to reach a rapid agreement aimed at reducing tensions in the Middle East, following recent failed diplomatic talks between the two countries. Speaking on Monday, Japanese government spokesperson Minoru Kihara stated that Tokyo hopes for a “final agreement”......
The crisis in the Strait of Hormuz has accelerated a global shift away from fossil fuels, driving a sharp increase in China’s clean energy exports as countries seek alternatives to disrupted oil and gas supplies. Since Iran effectively blocked the strategic maritime route on February 28 following......
Delegations from the United States and Iran are meeting in Islamabad as a fragile two week ceasefire fails to restore normal shipping through the Strait of Hormuz, where more than 800 vessels remain stranded. The truce, brokered by Pakistani Prime Minister Shehbaz Sharif and announced by Donald Trump,......
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