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…

Trump Announces ‘Bombing Raid’ at Kharg Island

In a statement posted on his Truth Social page late on March 13, U.S. President Donald Trump announced a “bombing raid” at Kharg Island. “Moments ago, at my direction, the…

Top Stories Of The Day: Eastman Appoints Rakesh Agrawal for BESS & Inverter Ops; Websol Allots 12.1M Shares After Warrant Conversion and More…

Eastman Auto Power has appointed Rakesh Agrawal to head its High Voltage Battery Energy Storage Systems (BESS) and inverter operations. The move aims to strengthen Eastman’s leadership in energy storage…

Eastman Auto & Power Appoints Rakesh Agrawal to Head HV BESS and Inverter Operations

Rakesh Agrawal has been appointed President & CEO – HV BESS and Inverter Business at Eastman Auto & Power Limited, marking a key leadership development in India’s expanding energy storage…

Sinopec Slashes Refining Runs as Hormuz Disruption Squeezes Crude Supply

Sinopec, China’s biggest oil refiner, has reduced its run rates by 10%, Bloomberg reported today, citing unnamed sources, in response to the supply squeeze resulting from the traffic disruption in…

EU Ministers Race to Shield Industry From an Escalating Energy Shock

The European Union is in a rush to find ways to alleviate the energy cost pain for consumers and businesses, with energy ministers of member states set to meet later…

Peak Energy Deploys Passively Cooled Sodium-Ion Battery System with RWE Americas

U.S.-based energy storage company Peak Energy Technologies has signed an agreement with RWE Americas to pilot a next-generation sodium-ion battery system for grid-scale energy storage in the Midwestern United States.…