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A New Political Fault Line Opens Over Canada’s Energy Future

Canada is often torn in two different directions when it comes to energy policy, with former Prime Minister Justin Trudeau …

Hungary Set to Agree to Buy U.S. Oil During JD Vance Visit

Hungary is expected on Tuesday to agree a $500-million oil supply deal with the United States during the visit of …

Global Economy Braces for Prolonged Shock From Iran War

A quiet Easter Sunday was abruptly punctured when US President Donald Trump unleashed a brutal, expletive-filled ultimatum to the Iranian …

IEA Chief: Current Energy Crisis Worse Than 1973, 1979, and 2022 Combined

The current energy crisis is worse than the oil and gas crises of 1973, 1979, and 2022 taken together, as …

Kazakhstan's Oil Exports Stable despite Attack on Russian Black Sea Port

Kazakhstan's crude exports have not been affected by Monday's drone attack on the Russian Black Sea port of Novorossiysk, which …

The Final Countdown for Oil Markets

Oil markets are on edge as Trump’s deadline hits, yet prices remain oddly calm—despite unusual signals like WTI trading above …

WTI Crude Oil Hits $115 as Strikes Target Iran's Kharg Island

WTI crude surged to $115.8 per barrel—its highest level since April 2008—as President Donald Trump warned that “a whole civilization …

U.S., Israel Strike Iran’s Oil Export Hubs Ahead of Trump Deadline

US and Israeli air strikes hit multiple locations across Iran, including infrastructure and the strategic Kharg Island, as an evening …

Russia's Yamal LNG Ships First Cargo to China in Months as EU Ban Nears

The Yamal LNG export plant in Russia has shipped its first cargo to China in five months as the EU …

Dangote Refinery Crude Supply Doubles, But High Import Costs Squeeze Margins

The Dangote refinery, Africa's biggest, received 10 Nigerian crude cargoes in March, double from February, as Nigeria aims to secure …

European Gas Futures Jump 3% as Trump's Iran Strike Deadline Nears

European natural gas futures opened higher on Tuesday as markets are awaiting developments in Iran after U.S. President Donald Trump …

India Turns to Venezuelan Crude as Middle East Supply Falters

India is expected to import the highest volumes of crude from Venezuela in six years as refiners returned to purchasing …