U.S. President Trump’s strike on Iran has raised fresh concerns over global oil supply, with risks to Iran’s 3 million bpd production and potential disruption to Strait of Hormuz shipments that carry roughly 20% of global crude flows.
U.S. President Trump’s strike on Iran has raised fresh concerns over global oil supply, with risks to Iran’s 3 million bpd production and potential disruption to Strait of Hormuz shipments that carry roughly 20% of global crude flows.
Germany plans to abolish fixed feed-in tariffs for small rooftop solar installations as of 2027, saying that falling costs have made the technology economically sound without subsidies, Bloomberg reported on…
(Bloomberg) – OPEC+ agreed to resume oil production increases at a slightly accelerated pace, even as conflict sparked by U.S.–Israeli strikes on Iran heightens risks to global crude flows. …