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China’s growing debt burden limits space for economic stimulus
Mounting interest payments restrict headroom to revive domestic demand, say experts...
US hits commercial tanker in Gulf of Oman as tensions flare
The ship tried to break through America’s naval blockade of Iranian ports, Central Command says of i...
Emergency Oil Releases Risk Draining the World’s Last Supply Cushion
Earlier this week, the International Energy Agency, after consulting with G7, said it would release ...
American and African Crudes Soar as China's Oil Imports Rebound
The prices of crudes from Canada, South America, and Africa have jumped in recent weeks as Chinese oil import demand is rising from a decade-low, benchmark prices rally, and Middle East supply remains ...
Trump Envoys Shuttle Between Moscow and Kyiv as U.S. Revives Ukraine Peace Push
The Trump administration has revived its diplomatic drive to end Russia’s war in Ukraine, as US envoys Steve Witkoff and Jared Kushner traveled from Moscow to Kyiv in a high-profile effort to lay the ...
Saudi Aramco's Jizan Refinery Hit Again as Houthi Attacks Escalate
Saudi Aramco's 400,000-barrel-per-day Jizan refinery was hit in a new attack Monday, threatening a major Red Sea refining hub while Saudi Arabia is moving more oil west to avoid the Strait of Hormuz. ...
Iran Says It Will Control New Hormuz Shipping Corridor
Iran said Monday that it is preparing to sign an agreement with Oman establishing a new shipping corridor through the Strait of Hormuz under Iranian control, with vessels required to coordinate with T ...
India’s Crude Oil Benchmark Tops $100 as Middle East War Escalates
India’s average crude import price soared to above $100 per barrel at the end of last week and is set to further rise this week as international crude prices rallied amid intensified hostilities in th ...
Goldman Sachs Warns Oil Could Hit $120 as Shipping Risks Rise
Oil prices could surge to as much as $120 per barrel if attacks on shipping in the Middle East intensify, according to Goldman Sachs. “Events over the last few days do suggest that the risk of shippin ...
South Korea Eyes $22.3 Billion Texas Gas Plant to Power AI Data Centers
South Korea has reportedly agreed to invest $22.3 billion in a gas-fired power plant in Texas as part of its trade deal with the Trump administration. The investment would be South Korea’s first under ...
Oil Majors Seek Bigger Bargaining Power in Labor Disputes
The biggest oil companies in the United States are playing hardball in unionized labor negotiations in a bid to get more concessions from workers’ unions in the new contracts. Over the past few years, ...
Colombia Moves to Reverse Fracking Ban, Eyes $4 Billion in New Oil Investment
A regime change in Colombia’s federal government is poised to usher in an oil and gas renaissance in the South American nation. After a four-year ban on oil and gas exploration under the previous left ...
Iran War Forces a Rewrite of Global Oil Trade Routes
Oil prices are about to book yet another weekly gain as the war in the Middle East remains hot, with a pessimistic outlook. Oil exporters from the region are rushing to diversify their export channels ...
Japan, South Korea and the U.S. Forge a New Nuclear Alliance
Northeast Asia is experiencing a rapid nuclear energy revival as Japan and South Korea move to prioritize the baseload clean energy source into their energy security strategies. Not only are the two m ...
America Is Betting Big on a New Generation of Small Nuclear Reactors
Governments worldwide are racing to develop small modular reactors (SMRs) as part of their plans for a nuclear power renaissance, with significant progress being seen in recent years. However, the Uni ...