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Two More Oil Tankers Attacked Near Strait of Hormuz
Two more tankers were attacked near the Strait of Hormuz on Sunday, one in Hormuz and the other off ...
Asian shares are mixed and oil prices fall about $1.50 as Trump says US will buy diesel from Russia
BANGKOK (AP) — Asian shares were mixed and oil prices fell about $1. President Donald Trump’s plan t...
‘Worrying omens’ lurk over global economy despite resilient growth
Research for the FT shows major economies are withstanding the Iran shock but concerns about rising ...
America’s Next Strategic Partner Is Hiding in Plain Sight
When Uzbekistan celebrates 35 years of independence on September 1st, Washington should do more than congratulate its people and government. It should recognize a strategic opportunity and make Uzbeki ...
China’s Teapots Look Beyond Iranian Oil amid U.S. Blockade
China’s refiners have imported lower volumes of Iranian crude in August compared to July as the U.S. blockade reinstated in mid-July is squeezing crude supply to Iran’s top oil customer. So far thi ...
Oil Nears $100 as Trump’s ‘Economic D-Day’ Raises the Stakes
Hormuz traffic remains near a standstill as Trump’s ‘Economic D-Day’ campaign pushes Brent closer to $100. Friday, August 21, 2026 Transits through the Strait of Hormuz have been in single digits the ...
Ukrainian Drone Attack Hits Lukoil Refinery Deep in Russia
Ukraine overnight hit with drones an oil refinery in the Perm region, deep into Russian territory, as the Ukrainian military has been targeting Russia’s oil processing and exporting facilities on a ne ...
India Builds Clean Power Faster Than It Can Use It
Numbers Report – August 21, 2026 In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors. Each week ...
Saudi Oil Exports from Mediterranean Soar with Shuttles North to Avoid Houthis
Saudi Arabia has boosted its crude oil exports from Egypt’s Mediterranean port of Sidi Kerir by about 33% in the month since the Houthis threatened Saudi oil shipments in the southern Red Sea and the ...
The Battery Boom Is Becoming Impossible to Ignore
For the past several weeks, I have been working my way through the major findings in the Energy Institute’s 2026 Statistical Review of World Energy. This article concludes that series. For readers who ...
Iran Warns Gulf States as U.S. Turns Up Economic Pressure
Politics, Geopolitics & Conflict Iran has warned Gulf states that any support for U.S. military operations will make them participants in the war, as the UAE cuts economic ties with Tehran. Iran says ...
Israel Bombs Syrian Airbase to Block Turkish Military Expansion
Israel is trying to establish a veto over where Turkey can deploy forces in Syria, and on Tuesday it bombed a Syrian airbase to enforce that. Eight strikes hit Abu al-Duhur because Israel determined t ...
East African Nations Offered 30% Share of Dangote’s Kenya Mega-Refinery
Nigeria’s Dangote Group has offered a 30% stake in a planned refinery in Kenya to East African nations, a senior economic adviser to Kenya’s President William Ruto said. Dangote Group, the corporatio ...
Nigeria Eyes $50 Billion Offshore Oil and Gas Investment Boom
The new Nigerian incentives for offshore oil and gas projects have the potential to attract $50 billion in new investment in Nigeria’s offshore energy sector, the Nigerian Upstream Petroleum Regulator ...
Iranian Oil Supply to China Is Rapidly Drying Up
Iranian crude oil cargoes readily available to Chinese buyers have nearly dried up following the reinstated U.S. blockade on Iran’s oil exports, suggesting that independent Chinese refiners, the bigge ...