Saudi Aramco Eyes $7 Billion Sulfur Asset Sale as Demand Soars

Saudi Arabia’s energy major Aramco is considering selling a stake in its sulfur business, eyeing proceeds of up to $7 billion, Reuters has reported, citing unnamed sources. The value of…

High Oil Prices Are Driving an EV Boom in Europe

High oil and fuel prices led to yet another monthly rise in electric car sales in Europe, at a solid 34% on the year, thanks in no small part to…

Goldman Sachs Warns Strait of Hormuz Traffic May Never Fully Recover

Tanker traffic via the Strait of Hormuz may never fully recover to pre-war levels thanks to alternative routes that oil producers in the Middle East have tapped amid the crisis,…

More Than 60 Million Barrels of Oil Ready to Head to Asia as Hormuz Reopens

Crude cargo arrivals in Asia from the Middle East could accelerate in the coming weeks as more than 60 million barrels of oil stuck in the Persian Gulf prepare to…

India’s Energy Import Bill Jumps 82% Due to High Oil Prices

India’s imports of crude and LNG jumped in May from April, as arrivals of non-Middle Eastern cargoes accelerated, and the country’s energy import bill soared by nearly 82% from a…

  • Gas
  • June 18, 2026
Video | The $2 trillion semiconductor opportunity

gasworld Events 2026 Where the industry meets… Join the global industrial gas community at gasworld’s 2026 events, where markets, technology, and ideas converge. Each event connects you with the people…

Oil Falls to Lowest Since Start of Iran War After Ceasefire Deal Signed

Pumpjack Sunrise Summary Brent, WTI back to early-March levels US-Iran 14-point agreement extends April ceasefire for 60 days Market fundamentals expected to remain tight Ukraine hits Moscow refinery in major…

Hormuz Reopening to Release Wave of Oil Supply, Depress Prices

Ships in Strait of Hormuz Summary Hormuz reopening to free millions of barrels of stranded non-Iranian oil Asian refiners already secured supplies for June to August Weak refining margins to…

US Signs $725 Million Loan Pact with Energy Fuels to Boost Domestic Rare Earth Production

(Reuters) – The U.S. government on Thursday signed a $725 million conditional loan commitment ​with Energy Fuels to boost domestic processing ‌of rare earth elements as part of its efforts to…

Gulf Exporters’ Quest to Bypass Hormuz Will Reshape the Region: Bousso

Middle East oil producers face a reckoning. The Iran war exposed the dangers of relying on a single chokepoint for vital oil and gas exports, leaving Gulf governments with a…