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Escalating U.S.-Iran tensions have reignited concerns over Middle East oil supply disruptions, pushing regional oil benchmarks above $100 per barrel.

The Shanghai Cooperation Organization (SCO) summit in Bishkek, Kyrgyzstan, brought together China, Russia, and Iran to discuss trade, digital connections, and cultural exchanges, with an agenda framed as countering US global influence.

Two oil supertankers, including a VLCC operated by Saudi Arabia's state shipping giant Bahri, were struck by unknown projectiles in the Strait of Hormuz, a critical chokepoint for global oil transit.

The article reports that the war between the U.S./Israel and Iran has severely disrupted Persian Gulf oil and gas flows, causing global energy import bills to swell by $330 billion between March and August.

Six months after US and Israeli air strikes against Iran launched a conflict that has shaken energy markets and disrupted …

There is always a winner in any major global oil crisis. In 1973/74, it was Saudi Arabia and its OPEC …

China’s liquefied natural gas imports are on track to slump by 18% in August from a year earlier, bucking a …

The prediction market platform and the financial infrastructure and brokerage startup are working to get Kalshi's event contracts to global …

Lithium miners are reporting strong profits for the first half of the year thanks to stronger demand for battery storage, …

Asian crude oil importers, including China, Japan, and South Korea, have turned to buying oil from as far as Argentina …

Refiners are set to reap stronger profits on the global diesel shortage, Goldman Sachs has said, revising its earlier profit …

The article reports that the war involving the United States, Israel and Iran added an estimated $330 billion to the world’s oil, fuel and LNG import bill between March and August, even though oil and gas price increases were smaller than initially feared.