Oil Prices Jump More Than 2% After Renewed Iranian Attacks on UAE
Summary Iran renews attacks on US Gulf allies Strait of Hormuz disruption has halved UAE crude output Middle East crude benchmarks hit record highs (Reuters) – Oil prices rose by…
US Weighs Near $1 Billion Settlement With TotalEnergies for Abandoning Wind Farms, NYT Reports
Get the Latest US Focused Energy News Delivered to You! It’s FREE: U.S. officials are drafting agreements to pay French oil major TotalEnergies about $1 billion in settlements due to…
SPURRED BY GULF WAR, Alaska LNG Aims for Go-Ahead Decisions in 2026-27 and Exports in 2031
War in the Middle East is spurring interest in Asia for gas from the $44 billion Alaska LNG project, top executives of lead developer Glenfarne said, who aim to make…
Trump Upset as Key US Partners Shun Call for Hormuz Warship Escorts
By , and US-Israeli war on Iran enters third week, boosting global oil prices Several allies decline US call to escort shipping in Hormuz Israel has at least three weeks…
COMMENTARY: US is Quickly Exhausting Tools to Absorb Iran War Oil Shock – Ron Bousso
By LONDON, March 16 (Reuters) – The U.S. is rapidly running out of shock absorbers to cushion the oil market from the loss of Middle Eastern crude supplies as the…
Trump Adviser Says Iran ‘Terror Premium’ Inflated Oil Prices for Decades
By and Trump adviser says Iran tensions historically added $5–$15 a barrel via risks to Strait of Hormuz Report says Iran risk premium lifts crude 7%–21% above fundamentals University of…
Why Might Trump Find it Hard to Reopen the Strait of Hormuz?
March 16 – U.S. President Donald Trump has demanded help from allies to reopen the Strait of Hormuz, which usually carries about a fifth of global energy supplies, but even if he…
Oil Prices Mixed Amid Attacks on Gulf Export Facilities
Summary US in talks with other countries to protect Strait of Hormuz Brent, WTI have surged more than 40% this month US hit military targets on Iran’s Kharg Island oil…
US Oil CEOs Warn Trump Administration that Energy Crisis Likely to Worsen, WSJ Reports
Chief executives of major U.S. oil companies warned official of U.S. President Donald Trump’s administration that the energy crisis triggered by the Iran war is likely to get worse, The…
Emergency Stockpile Oil Coming Soon to Iran-Wracked Markets, IEA Says
More than 400 million barrels of oil from International Energy Agency emergency reserves will begin flowing soon, the agency said in its most detailed account of the rollout of the…
