Oil Prices Hit $112 as Iran Expands Strikes on Gulf Energy Sites
Oil prices climbed sharply in early Asian trading on Thursday as the Middle East conflict continued to escalate and energy infrastructure was targeted across the Gulf. At the time of…
Carney’s Climate Strategy Hits Snag With Alberta Carbon Deal
Canada’s federal government and the oil-producing province of Alberta aren’t expected to reach a deal on carbon pricing by their self-imposed April 1 deadline amid complicated negotiations, sources in the…
U.S. Inflation Expectations Surge Amid Oil Price Spikes
Inflation expectations are currently trending north, driven by the unraveling oil price shock, with a roughly 70% surge in crude oil prices this year driven by the Middle East war,…
Iran Threatens Regional Energy Sites After South Pars Strike
Oil and natural gas markets surged after Iran signaled it could retaliate against key regional energy infrastructure following reported strikes on its upstream assets. Brent crude climbed as much as…
Strikes on Gulf energy infrastructure send oil, gas prices sharply higher
(Bloomberg) — Oil and natural gas prices surged after a series of strikes targeted critical energy infrastructure across the Persian Gulf, raising concerns about prolonged supply disruptions. Qatar’s Ras…
