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Middle East War updates: New attack launched on Saudi airport
Here’s a brief recap of the key developments in the Middle East war that occurred over the weekend, ...
Oil chiefs pull out of Riyadh energy congress after airport missile strike
BP and others skip World Petroleum Council meeting after 12 killed in attack blamed on Houthis...
Oil Prices Spike After Iran Launches Missile Attack on Israel
Oil prices started the week higher after Iran launched ballistic missiles at Israel on Sunday night, heightening fears that U.S.-Iran peace talks might once again fall apart. At the time of writing, B ...
Post-War Oil Trade Could Look Nothing Like It Did Before Hormuz
Persian Gulf oil exporters are scrambling to reroute their crude from ports to pipelines to keep the world running and keep their oil money flowing and fueling their economies. Sanction waivers abound ...
Britain's Net Zero Policy Is Killing Its Chemical Industry
From ammonia to plastics, there can be no modern economy without a functioning chemicals industry, and Britain's is in peril, writes Sharon Todd The recent announcement of a £350m Critical Chemicals R ...
Oil Market Flying Blind as Dark Tanker Traffic Surges in Hormuz
Tanker traffic through the Strait of Hormuz has collapsed by 90% to 95% compared to pre-war levels, analysts concur. Some oil cargoes continue to trickle through the critical chokepoint, but under inc ...
Why Solar Power Is Booming Under Trump
Despite the Trump administration’s pivot away from renewable energies, solar continues to dominate new energy additions in the United States. Newly released data from the Federal Energy Regulatory Com ...
AI Boom or Political Play? Trump Channels Defense Funds Into Dying Coal Plants
The Trump administration is set to channel nearly $700 million in federal funds into the U.S. coal industry Thursday, invoking a Korean War-era statute to prop up existing power plants, finance new co ...
Can AI Save More Energy Than It Consumes?
The artificial intelligence boom has created unprecedented pressure and anxiety in the energy industry. The public and private sector alike are expending enormous amounts of effort trying to quantify ...
Regional Leaders Back Taliban Trade Ties While EU Holds the Line
Top level officials from Central and South Asia convened in Tashkent on June 4 to discuss regional trade and connectivity under a format known as the Termez Dialogue. Participants were unanimous in se ...
SPR Borrowers Owe Uncle Sam 40 Million Extra Barrels
The US Strategic Petroleum Reserve has taken a beating during the Iran war, but Energy Secretary Chris Wright says the government's emergency oil stash is headed for a surprisingly lucrative refill. C ...
US Drillers Continue to Add Oil 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 563 ...
Bank of England Official Says Oil Crisis Clouds Rate Outlook
The Bank of England may know where inflation is headed, but it has a much harder time knowing where oil—and interest rates—are headed. That was the message from Bank of England policymaker Swati Dhing ...
S&P Rejects Fast Entry for SpaceX, Delaying $14B in Passive Inflows
Earlier today, in our forensic analysis of the SpaceX IPO, we said that according to BNP estimates, the company's inclusion into the S&P 500 some 6 months after the offering would unlock $13.4 billion ...