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OPEC+ is likely to leave its oil production policy unchanged for October when seven of its core members meet on …

President Trump announced a claim that the United States now controls a majority of over 65 billion barrels of Venezuela’s proven oil reserves, asserting it will boost U.S.

Escalating Iran-U.S.

High-level US Trump administration emissaries engaged Central Asian leaders on the sidelines of the SCO summit in Bishkek, disrupting the summit's appearance of unity.

A new UN Environment Programme report indicates that global warming is on track to exceed 1.5°C above pre-industrial levels within the next few years, with a best-case peak of 1.8°C.

U.S.

Ryanair lowered its winter traffic target to mitigate exposure to high unhedged oil prices, citing a surge in jet fuel costs driven by the Iran war's disruption of Middle East crude deliveries.

Ukraine’s drone strikes have knocked out dozens of Russian oil refineries, prompting Moscow to halt exports, impose fuel rationing, and arrange processing of oil at a small private refinery in Kazakhstan.

New York Fed President John Williams stated in a CNBC interview that the recent surge in Treasury yields is primarily driven by strong economic prospects, though he did not commit to whether a rate hike is necessary.

India increased imports of Russia's Far East crude blend ESPO by 6% year-over-year in January-July due to disruptions in Middle Eastern oil supply routes and reduced Chinese spot market activity.

Kazakhstan's government announced a plan to more than double its crude oil refining capacity from 18 million tons to 29 million tons per year by 2040, with an additional 10 million tons from a new refinery.

Berkshire Hathaway Vice Chairman Greg Abel stated that current Japanese bond yields are not a challenge for Japanese trading houses, describing them as relatively low during a CNBC interview.