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Saudi Arabia Plans Massive Expansion of Oil Pipeline to Bypass Hormuz
Saudi Arabia plans to raise the capacity of its East-West onshore oil pipeline that helps it bypass ...
Fed’s Waller: Trump is a threat to Fed independence
Federal Reserve (Fed) Governor Christopher Waller said in the Bloomberg New Economy Forum 2026 discu...
IMF Warns Middle East War Could Derail Global Economic Growth
The energy crisis sparked by the war in the Middle East remains the biggest risk for the global econ...
Bangladesh's $12.65 Billion Nuclear Bet Faces Its Biggest Test Yet
The world is turning toward nuclear power as a solution to the increasingly dire energy trilemma – the tricky issue of sourcing energy that is simultaneously affordable, sustainable, and secure. As th ...
Colombia's New Government Prepares Fossil Fuel Comeback
On 21st June, conservative, Trump-endorsed presidential candidate Abelardo de la Espriella won the election by just 1 per cent over Iván Cepeda, who was expected to take over the Socialist Party leade ...
India Proposes Stricter Vehicle Emission Rules To Cut Oil Consumption
The Indian government has proposed stricter fuel efficiency regulations for passenger vehicles under the Corporate Average Fuel Efficiency (CAFE)-III norms, with the new fuel standards set to take eff ...
New Jersey Bets Big on Small Nuclear Reactors
The newest frontier for the global nuclear renaissance is none other than New Jersey. This month, the state officially enacted a law launching a competitive procurement process to review and select a ...
BP, ConocoPhillips Partner In Iraq’s Giant Oilfield
ConocoPhillips (NYSE:COP) agreed to acquire a 42% stake in BP Plc’s (NYSE:BP) development subsidiary covering four major oilfields in the Kirkuk region of northern Iraq, with the partnership aiming to ...
US Oil Drilling Picks Up As Brent Gains 4%
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 588 ...
Oil Markets Ignore Mounting Risks at Their Own Peril
Escalating U.S.-Iran hostilities, attacks on critical infrastructure, and near-halted Hormuz tanker traffic are fueling expectations of higher oil prices. Friday, July 17, 2026 US forces striking civi ...
Trump-Backed Trade Corridor Moves Closer to Reality in Armenia
The Armenian government approved a bill on July 16 to formalize the country’s role in the development of the Trump Route for International Peace and Prosperity, or TRIPP, which is envisioned as a key ...
U.S. Expands Iran Strikes as Tehran Retaliates Across the Gulf
US forces stepped up attacks on Iranian sites, reportedly striking key bridges, railways, and an airport, prompting retaliatory action by Tehran, even while the White House said talks between the warr ...
Iran Expands Oil Chokepoint Threat as Houthis Eye Red Sea Shipping
Iran has instructed Yemen’s Houthis to prepare to disrupt the Red Sea oil route if the United States attacks Iranian power infrastructure. Missiles and drones have reportedly been deployed near the Ba ...
Baghdad Bets on Syria and Turkey Pipelines to Secure Oil Exports
Politics, Geopolitics & Conflict Baghdad is assembling a westward export system capable of carrying southern Iraqi crude to the Mediterranean through Syria or Turkey. Iraq has brought Chevron, U.S. in ...
China to Hike Retail Gasoline and Diesel Prices as Oil Jumps 12% in a Week
Following the surge in international crude oil prices in the past week, China will raise the domestic retail prices of gasoline and diesel, effective July 18, the state economic planning commission sa ...