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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...
Modi Urges Indians to Conserve Fuel as Oil Shock Spreads
India’s Prime Minister called on the nation to work from home, travel less, and conserve fuel to help the government save foreign exchange. “In the current situation, we must place great emphasis on s ...
Oil Tankers Go Dark to Exit the Strait of Hormuz
Three supertankers laden with crude oil successfully exited the Strait of Hormuz last week, carrying Iraqi and Emirati oil, Reuters has reported, citing data from Kpler and LSEG. The vessels switched ...
Oil Prices Surge After Trump Rejects Iran Peace Offer
Oil prices spiked in early Asian trade on Monday after President Trump unequivocally rejected Iran's response to a U.S.-drafted peace proposal. At the time of writing, Brent crude was up 3.33%, tradin ...
$7 Billion In Perfectly Timed Oil Bets Sparks Insider Trading Fears
Last month, we reported that over $1 billion in "perfectly timed" wagers, spanning both traditional oil futures and digital prediction markets, accurately anticipated major military and diplomatic shi ...
Ukraine’s Drone War Is Reaching Deep Into Russia’s Oil Heartland
Russia’s Leningrad Oblast lies some 600 kilometers from the closest corner of Ukraine. But on April 15, its governor declared it a “frontline” region. Part of his explanation: From January through Mar ...
Trump Could Tap Oil under U.S. Military Bases to Top Strategic Reserve
The Trump Administration is looking for innovative ways to tap more crude from federal lands as the U.S. Strategic Petroleum Reserve (SPR) is being depleted again by emergency stock releases amid the ...
Why U.S. Drillers Can’t Solve the World’s Oil Supply Crisis
Since he came into office in January 2025, United States President Trump has been pushing oil companies to “Drill, baby, drill!” However, despite being given free rein to increase oil production, seve ...
Japan’s Hybrid Car Strategy Gains Ground as EV Demand Rises
Japan has long been known for its strong automaking industry. However, in recent years, it has come to dominate the global hybrid vehicle market, demonstrating that it can evolve to be competitive as ...
Cenovus Warns Oil Sands Growth Is Drying Up as Policy Uncertainty Mounts
Cenovus Energy (TSX, NYSE: CVE) just posted one of its strongest quarters on record. Its CEO used the earnings call to deliver one of the starkest warnings the oil sands industry has heard in years. J ...
Iran Seizes Tanker Carrying Its Own Oil
Iran has seized a tanker that appears to have been carrying its own oil, highlighting just how tangled its export system has become under sanctions and blockade. State media said Iranian forces detain ...
U.S. and South Africa Discuss Potential Critical Mineral Deals
Despite tense bilateral relations, the United States and South Africa held this week their highest-level meeting so far this year to discuss potential resource deals in critical minerals, the Financia ...
Iran Seizes Sanctioned Oil Tanker in Gulf of Oman
The semi-official Tasnim news agency reported that Iran has seized an oil tanker, accusing it of "attempting to disrupt oil exports and the interests of the Iranian nation." Tasnim did not elaborate o ...