USA Awaits Response to Peace Plan

Iran kept up missiles and drone attacks on Arab Gulf states and Israel overnight, after the US floated a proposal to end a war that’s wreaked havoc across the Middle…

Saudi Pushes White House to Prolong Iran War as Brent Tops $100

Saudi Arabia is publicly calling for regional stability. Peace, even. But privately, the Kingdom is pushing the White House to press on with its campaign against Iran, with oil prices…

US Crude Oil, Product Inventories Rise

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 2.3 million barrels in the week ending March 20. In the week prior, US…

Oil Rally Gives Russia an Excuse to Delay Crucial Budget Reform

Russia was all set to tighten the screws on its own oil dependence, but the oil price spike is causing it to rethink its plan. Moscow has hit pause on…

Rolls-Royce SMR, Studsvik enhance collaboration

The agreement, signed in Stockholm, enables the two companies to evaluate Studsvik’s capabilities and facilities and further explore ways they can support the future deployment of Rolls-Royce SMR’s ‘factory-built’ nuclear power…