ECB: Iran Peace Deal Won’t Erase Europe’s Energy Price Shock
Europe will have to contend with the energy price shock for months despite the tentative U.S.-Iran agreement to end the war and reopen the Strait of Hormuz, European Central Bank…
Poland Moves To Tax Fuel Windfalls Earned During Iran War
Poland’s government has approved a one-off windfall tax on fuel companies that benefited from soaring energy prices during the U.S.-Iran-Israel war, seeking to recover part of the billions spent protecting…
TotalEnergies: Saudi Refinery Won’t Fully Recover Until 2027
A major Saudi Arabian refinery damaged during the Iran conflict will not return to full operations until early 2027, according to TotalEnergies CEO Patrick Pouyanné, raising fresh concerns about the…
Morgan Stanley Lowers Oil Price Forecasts After US-Iran Peace Deal
Morgan Stanley has lowered its Brent crude oil price forecast for the fourth quarter of this year by $15 per barrel to $80, after the U.S. and Iran signed a…
While Trump Hails Gulf Oil Flowing, Iran’s Fleet Also Gearing Up to Boost Exports
While U.S. President Donald Trump has recently hailed the resumption of oil flows from Gulf allies, Iran, too, appears to be gearing up to resume exports and trading. At least…
US Crude and Gasoline Inventories Fell Last week, Distilltes Rose, EIA Says
Storage Cushing Tanks U.S. crude oil and gasoline stockpiles fell last week, while distillate inventories rose, the U.S. Energy Information Administration said on Wednesday. Crude inventories fell by 8.3 million…
Trump Erases Another $765 Million in Offshore Wind Leases
Bloomberg The Trump administration is canceling four offshore wind leases held by power developer Invenergy LLC that total $765 million, the latest move by the White House to block new offshore wind…
US Shale Stays in the Money Despite Oil Price Drop
Pumpjacks Permian Basin Long-dated prices still support drilling as buyers seek alternatives to Middle East barrels. Just over a month ago, shale heavyweight Diamondback Energy Inc. announced the “light has…
Trump Suggests Sanctions on Iran Could be Removed Once ‘They Behave’
Image Depicting USA – IRAN Deal U.S. President Donald Trump on Wednesday suggested that sanctions on Iran would be removed once “they behave.” “As far as sanctions are concerned, at…
MCi Carbon starts CO2-to-minerals production in Australia
By 19 hours ago 2 min read Australian clean technology firm Mineral Carbonation International (MCi) has started compound production at its 10,000 tonnes per annum demonstration carbon capture and utilisation…


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