Oil Up Nearly 3% But Set for First Weekly Decline Since Start of Iran War 

Summary US extends Strait of Hormuz deadline to April 6 Investors remain wary of prolonged conflict Prices could hit $200 if war drags on, Macquarie analysts say (Reuters) – Oil…

Oil Markets Price In Peace, but the Upside Risk Remains

Crude oil prices were set for a sharp decline this week despite ongoing hostilities in the Middle East, as traders pinned their hopes on President Trump’s statements suggesting the war…

Japan Considers Switch From LNG to Coal

Japan is considering ramping up coal-fired power generation amid a liquefied natural gas crunch that has led to significantly higher prices. Per a proposal drafted by the economy ministry, the…

Cyclone Causes Outages at Australia’s Top LNG Projects

A cyclone has disrupted operations at a total of three LNG facilities in Australia, including Chevron’s Gorgon and Wheatstone, worsening an increasingly severe global LNG supply crunch. Santos was the…

India Cuts Fuel Taxes and Curbs Exports as Oil Crisis Deepens

India on Friday moved to protect its fuel supply and consumers by reducing domestic taxes on gasoline and diesel and imposing a levy on fuel exports. In view of the…

Empower Declares H2 2025 Dividend, Signals Strong Financial Stability And Growth Outlook

Emirates Central Cooling Systems Corporation (Empower) has announced that its board of directors has approved a cash dividend for the second half of 2025. The company will pay AED 0.075…

Sungrow Advances Australia’s PV-ESS Future with Hybrid Innovation and Elevated Energy Storage Safety  

accelerates its transition toward a renewables-dominated grid, the conversation is rapidly shifting from capacity addition to system integration, reliability, and safety. Against this evolving landscape, Sungrow has introduced a suite…