Cuba Looks to Vatican for Help to Ease US Oil Embargo, Washington Post Reports
March 27 (Reuters) – Cuban officials have petitioned the Vatican to help persuade the administration of U.S. President Donald Trump to ease its oil embargo in senior-level meetings with Vatican…
Meta Funds Seven Gas Plants to Power Biggest Data Center
By and Meta Platforms Inc. is paying for the construction of seven new natural gas-fired plants to fuel its most power-hungry data center, increasing its reliance on fossil fuels amid…
Bessent Says Hormuz Ships Insurance Program to Start Soon
By Jennifer A. Dlouhy and Skylar Woodhouse Treasury Secretary Scott Bessent said a US insurance program meant to boost shipping through the Strait of Hormuz will begin soon, a move…
Drones and Mines: Taking Kharg Island Would Pose Risks for US Troops
(Reuters) – President Donald Trump has been weighing whether to use ground forces to seize Iran’s strategic oil hub of Kharg Island, an operation analysts say could be achieved quickly,…
Russia’s Lavrov Says US Wants to Take Over Nord Stream Gas Pipelines
(Reuters) – Russian Foreign Minister Sergei Lavrov said the U.S. has been seeking control over the Nord Stream gas pipelines in the Baltic Sea, which were damaged by mysterious blast…
LNG Arbitrage Creates Winners From Energy Shock
By George Hay LONDON, March 27 (Reuters Breakingviews) – Gulf conflict has pushed European and Asian liquefied natural gas prices higher, but not American ones. Those with lots of US…
Stressed US Grid Forcing Data Centers to Get More Flexible
(Reuters) – The U.S. technology industry is being pushed to shrink its power use in times of high demand, amid growing public concern that Big Tech’s massive electricity needs for…
Macquarie: Two More Months of War Could Send Oil to $200
Oil prices could hit a record $200 per barrel if the war in the Middle East drags on through the entire second quarter, analysts at Macquarie Group have warned. The…
Soaring Prices Set to Crash China’s LNG Imports to 8-Year Low
Surging LNG prices amid the war in the Middle East are set to lead to the lowest monthly LNG imports into China in eight years as Qatari and UAE supply…
Maersk Slaps Emergency Fuel Surcharge as War Upends Marine Supply Chains
The war in the Middle East has upended shipping fuel markets with prices of marine fuels skyrocketing and regions running low on supply, pushing some traders to forgo cargo and…
