Kazakhstan Won’t Enforce $1.4B Gazprom Asset Seizure
Kazakhstan will not enforce a special court’s decision allowing Ukraine’s Naftogaz to collect a $1.4 billion international arbitration award from Russia’s Gazprom, Justice Minister Erlan Sarsembayev has declared just days…
Strait of Hormuz Crisis Triggers Global Fertilizer Supply Shock
The closed Strait of Hormuz has created a major fertilizer shock and threatens food security in developing nations as sulfur and phosphate exporters from the Middle East struggle to ship…
China’s Solar Additions Drop 79% in April as Domestic Market Slumps
China installed much less solar power capacity in April from a year earlier as the domestic solar market continues to adjust to a change in policy following record-high installations and…
Malaysia Secures Fuel Supply Through End of July
Malaysia has secured its fuel supply until the end of July, state energy firm Petronas has assured the economy ministry, as Southeast Asia is reeling from the worst supply disruption…
Analysts Explain Oil Price Drop
Monday May 25, 2026 – ‘On late Saturday, there seemed to have been a breakthrough in the U.S.-Iran war’, Gaik June Goh, a senior oil market analyst at Sparta Commodities,…
Oil Prices Fall 6% as U.S.-Iran Peace Talks Gain Ground
Oil prices were sharply lower on Monday following comments by President Donald Trump that diplomatic negotiations with Iran are advancing, easing market fears of severe energy supply disruptions due to…
Expert Says Traders Should Brace for July Jump in Oil Prices
Oil traders don’t want to think about the worst-case scenario and lap up every word of U.S. President Donald Trump about a potential deal with Iran, but the market needs…
Sinopec Boosts China’s Shale Oil Output
Sinopec’s Jiyang shale oil base in Shandong province has ramped up output in recent months, raising Chinese shale production and domestic resources and output as the world’s biggest crude importer…
Rubio Plays Down Imminent U.S.-Iran Deal
The U.S. will deal with Iran “another way” if it does not reach a good deal with the Islamic Republic, U.S. Secretary of State Marco Rubio said on Monday, playing…
Australia Set to Include Existing LNG Deals in Gas Reservation Scheme
Australia plans to include existing LNG contracts in its so-called Domestic Gas Reservation scheme, expected to come into force in July 2027, to ensure local supply. The new Australian regulation,…
