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Trump Threatens to Expand Iran Strikes as War Escalates

President Donald Trump said the US military "hasn't even started" to destroy what is left of Iran after a month …

India Passes on Iranian Oil as Sanctioned Tanker Redirects to China

A sanctioned tanker carrying Iranian crude has abruptly changed destination from a port on India's west coast to an import …

Three Oil Shocks Redrawing the Geopolitical Energy Map

Politics, Geopolitics & Conflict The Sharara pipeline was hit in Libya’s southwest, and that location explains the attack. This is …

Trump’s Contradictions on Iran Rattle Both Markets and Allies

Trump entered office promising to avoid new wars. The U.S. is now engaged in an expanding conflict with Iran that …

Oil Rally Accelerates as Traders Price in Real Supply Disruption

May WTI crude oil surged sharply in the holiday-shortened week ending April 3, settling at $111.54, up $11.90 or +11.94%. …

China Sets 2029 Deadline to Shut Down Outdated Petrochemical Plants

China plans to phase out some of its outdated petrochemical plants by 2029 and upgrade others, under new directives issued …

Canada’s Synthetic Crude Soars 200% as War Chokes Diesel Supply

The price of Canada’s synthetic crude, which has rich diesel yield for refiners, has surged by nearly 200% since March …

JP Morgan Sees $150 Oil if Hormuz Remains Closed Through Mid-May

Oil prices could top $150 per barrel if energy flows through the Strait of Hormuz remain disrupted through the middle …

Europe Braces for Prolonged Energy Crisis as Supplies Tighten

Europeans must prepare for an extended period of tight oil and gas supplies, the EU’s energy commissioner Dan Jørgensen told …

Japan’s JERA Cancels Long-Term LNG Deal With Commonwealth

Japan’s JERA and Commonwealth LNG have terminated a deal for the supply of liquefied gas to the Japanese firm, Reuters …

Oil Majors Eye U.S. Offshore Asset as Supply Crunch Intensifies

TotalEnergies and Shell are among the companies interested in buying a majority stake in the Shenandoah oil and gas field …

$100 Oil Isn’t Enough to Balance Alberta’s Books

Oil markets reversed their recent downtrend on Thursday, with oil prices surging after President Donald Trump declared that the U.S. …