Keywords: Supply
The International Energy Agency (IEA) expects global oil supply to fall significantly in 2026, reflecting the continuing impact of disruptions around the Strait of Hormuz and difficulties affecting crude exports from the Gulf region. According to the agency's latest monthly oil market report, global......
The US housing market lost further momentum in July, with existing home sales declining for a second consecutive month as elevated mortgage rates and limited inventory continued to constrain activity. Existing-home transactions fell 1.7% in July to a seasonally adjusted annual rate of 4.06 million units,......
Oil prices climbed sharply on Tuesday as financial markets reacted to the continued disruption in the Strait of Hormuz and the absence of progress between Iran and the United States. The latest move pushed the benchmark Brent contract briefly above the $90-a-barrel threshold, highlighting renewed concerns......
French wholesale electricity prices surged by more than 20% on Tuesday as an intense heatwave increased demand for cooling while tightening power supply, according to LSEG data. Day-ahead electricity prices rose 20.5% to €141 per megawatt-hour, reflecting growing pressure on the French power market......
The United States is strengthening its cooperation with Australia in an effort to secure independent access to scandium, a strategic mineral increasingly valued by the aerospace, defense and advanced technology industries. Australian company Sunrise Energy Metals has announced that the U.S. Department......
President Donald Trump has announced more than $2 billion in new investments aimed at expanding mining and critical-mineral production in the United States, alongside more than $180 million in funding dedicated to education, training and workforce development. Speaking at a roundtable at the U.S. Department......
Morocco's Tanger Med port complex continues to expand its role in international trade after recording another year of strong activity in 2025. Located near the Strait of Gibraltar, the facility has become an important link between maritime routes connecting Europe, Africa and other major global markets. According......
The United States is moving to strengthen its access to strategic minerals with a $400 million loan commitment from the Pentagon for a new scandium mine in Australia, according to the Australian company behind the project. Sunrise Energy Metals said on Saturday that the US Department of Defense had......
The escalation of tensions involving Iran is accelerating significant changes in global maritime trade, prompting shipping companies, governments, and energy markets to adapt to a rapidly evolving geopolitical environment. As security risks increase along key maritime corridors, the global shipping industry......
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