Oil Prices Edge Lower but Remain Poised to End the Week Higher
Crude oil prices inched down at the end of the week but are still on course to end it with gains as the disruption to exports from the Middle East…
Oil Prices Slide as Netanyahu Signals Iran War Could End Soon
Oil prices pulled back sharply on Friday, reversing part of the previous session’s surge, after Israeli Prime Minister Benjamin Netanyahu suggested the Iran war could end sooner than expected. At…
World Leaders Condemn ‘De Facto’ Hormuz Closure
The leaders of the United Kingdom, France, Germany, Italy, the Netherlands, Japan, and Canada condemned the “de facto closure of the Strait of Hormuz” in a joint statement released Thursday.…
India Unveils Ambitious Plan to Quadruple Solar Power by 2035
India expects to nearly quadruple its solar power capacity and triple wind power-generating assets within ten years, according to the new Generation Adequacy Plan published by the country’s Central Electricity…
Asia Turns to U.S. Oil as War Chokes Middle East Supply
U.S. crude loadings for Asia are set for a three-year in April as Asian refiners are accelerating buying of American oil to partially offset the loss of supply from the…
Israel Says It Will Spare Iran Energy Sites
Israel said it will no longer target energy infrastructure after an attack on an Iranian gas field sparked retaliatory strikes against energy assets across the Middle East, causing oil and…
Japan’s Jera Sees Iran War Pushing LNG Buyers to U.S. and Canada
More buyers could be pushed to seek and contract LNG supply from producers outside the Middle East, such as the U.S. and Canada, if a prolonged war continues to choke…
