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Iran’s Pezeshkian says no negotiation on ballistic missiles
Iran’s President Masoud Pezeshkian said that Tehran’s ballistic missile program will not be included...
Euro weakens below 1.1400 as Fed hike bets lift US Dollar
The EUR/USD pair trades on a negative note near 1.1380 during the early Asian trading hours on Wedne...
BoJ Summary of Opinions: Member says suitable to keep hiking as conditions remain accommodative
The Bank of Japan (BoJ) published the Summary of Opinions from the June monetary policy meeting, wit...
China’s LNG Imports Rebound From Eight-Year Low
China’s imports of liquefied natural gas are on the mend, with the 30-day moving average rising to the highest level since late February, Bloomberg reported today, citing shipping data. The number is ...
China’s Teapot Refiners Slash Output as Hormuz Crisis Crushes Margins
Some independent refiners in China are reducing their production rates as margins shrink and demand weakens amid the continued paralysis of tanker traffic in the Strait of Hormuz. Citing unnamed trade ...
The No.1 Rare Earth Stock for 2026?
Roughly 40 years ago, the United States made a decision that seemed perfectly rational at the time: it stopped processing rare earths. The economics didn’t make sense when China could do it cheaper, s ...
IEA: Portugal Energy Poverty Above EU Average, Despite Renewable Boom
Portugal just got a thorough energy policy review from the IEA, and the short version is this: the power sector has done its job. Everything else needs to get moving. The Portugal 2026 Energy Policy R ...
Reuters Survey Shows OPEC Oil Output At 26-Year Low Amid Iran War
OPEC oil output has declined to its lowest level since 2000, with production falling by 830,000 barrels per day (bpd) to an average of 20.04 million bpd in April, according to a Reuters survey publish ...
India Rejects Russian LNG Under Sanctions
India has officially declined Russia's offer to sell liquefied natural gas (LNG) from projects currently under U.S. sanctions, following April reports of an LPG-laden tanker en route to western India, ...
Why Bernie Sanders Is Wrong About Gas Prices
When lawmakers propose solutions to complex economic problems, the first requirement should be a clear understanding of how those problems actually work. A recent Facebook post by Bernie Sanders compa ...
Australia's Biggest Untapped Gas Field Just Got a Lot More Expensive
The Browse LNG project in Australia, proposed by Woodside Energy, is set to cost about $35 billion, a new report commissioned by the Australian oil and gas major showed on Monday. Woodside first propo ...
China’s Car Sales Slump as Gasoline Demand Craters
Car sales in China fell by 21.5% in April, driven by lower demand for gasoline-powered vehicles amid higher fuel prices. EV demand failed to offset the drop in internal combustion engine vehicle sales ...
Iran War Threatens Gulf Investment Boom in Central Asia
The 2026 U.S.-Israel war on Iran, the Ramadan War, which began with airstrikes on 28 February 2026 and involved Iranian retaliation via missiles, drones, and a blockade of the Strait of Hormuz, has in ...
AI Is Making Cyberattacks Cheaper, Faster and More Dangerous, IMF Warns
Evermore sophisticated AI-powered cyberattacks could threaten the stability of the global financial system, The International Monetary Fund (IMF) has warned, as regulators race to contain a new genera ...
US Oil Drillers Continue to Add Rigs
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 548 ...