GPS Jamming Chaos Grips Vital Oil Chokepoint

Clusters containing dozens of vessels each appear to signal positions in and around the Strait of Hormuz, suggesting that electronic interference and GPS jamming have soared at the critical oil…

Gulf Producers Slash Oil Output by 5 Million Bpd

The largest oil producers in the Middle East Gulf have deepened production cuts and are already lowering output by a combined more than 5 million barrels per day (bpd) as…

Aramco Warns of Catastrophic Consequences from Hormuz Crisis

The oil market would experience “catastrophic consequences” if the halt to Strait of Hormuz tanker traffic continues, according to Saudi Aramco, the world’s top crude exporter and biggest oil firm. …

Trump’s Clean Energy ‘Assault’ Sinks Solar Installation Numbers

While solar capacity additions remained the top U.S. source of new power for the fifth consecutive year in 2025, installations slumped by 14% last year, as the Trump Administration’s assault…

Europe and Asia Battle for Critical Spot LNG Supply

Asia is struggling to obtain spot LNG cargoes for emergency supply this month as the halt to Qatar’s exports tightened the market and reignited competition with Europe for promptly available…

Exxon Looks to Ditch New Jersey Incorporation for Texas Homecoming

Summary Exxon is latest high-profile company moving to Texas for business-friendly environment New Jersey sued Exxon and others over climate change; suit dismissed Incorporation in Texas may aid ​Exxon in…

Oil Sinks 7% as Trump Predicts Middle East De-Escalation

Summary Oil prices fall after topping $119 a barrel on Monday Trump predicted the war in the Middle East could be over soon G7 ready to act on oil surge…