Oil Prices Slide 2% as Markets Brace for Bessent’s ‘Economic D-Day’

Oil prices fell by more than 2% in early Asian trade on Monday as traders took profits and markets awaited details of a new U.S. sanctions package against Iran. At…

Hormuz Tanker Traffic Slumps as U.S. and Iran Trade Threats

Tanker traffic via the Strait of Hormuz remained weak over the weekend, with fewer than 20 vessels traversing the chokepoint as Iran and the United States traded threats again. Some…

Brent Sees Another Volatile Month of Trading

Brent crude has seen another volatile month of trading, with the most actively traded contracts for Brent futures and Dated Brent ranging between $79.5-100.7 per barrel and $85.3-105.6 per barrel,…

  • Gas
  • August 24, 2026
US brewery records $100,000 loss from CO2 supply shortages

By 28 min ago 3 min read The president of a major US craft brewery has described how CO2 shortages and supply uncertainties led to $100,000 in lost revenues. Speaking…

  • Gas
  • August 24, 2026
Qatar ‘cuts government budget’ as LNG income collapses

By 13 min ago 2 min read Qatar has cut government department budgets by up to 30% as the Gulf state grapples with the collapse in LNG revenues. The figure…

India Boosts Battery Investment to Cut Solar Power Waste

Solar power developers in India have started to add battery storage to photovoltaic projects to attract buyers and reduce the large share of curtailments for power supply that the grids…

Atomic Eagle reaches agreement on Niger uranium project

“Re-establishing our interest in Madaouela represents a transformational outcome for Atomic Eagle significantly increasing our resource base and adding a second advanced uranium project to our project portfolio,” Atomic Eagle…

Hungary plans new climate law, as Paks ramps up

In an update on Saturday the plant operators Magyar Villamos Művek (MVM) said: “Due to the rise in the water level of the Danube in recent days, as well as…

Reactors installed on nuclear-powered icebreaker Leningrad

Each of the reactors weighs more than 147 tonnes, is 7.3 metres tall and 3.3 metres in diameter. Specialist lifting equipment was used to move them to their designated locations.…

‘New realities’ for Kazatomprom as demand accelerates

Citing the pledge signed by 38 countries across the world – together making up more than 70% of global GDP – to triple nuclear power by 2050, CEO Meirzhan Yussupov…