US-Iran Tensions Remain a Major Diplomatic Challenge as Regional Security Risks Grow
Relations between the United States and Iran remain under intense international scrutiny as disagreements over security, regional influence and nuclear...
Global Energy
Global Fuel Prices Surge as Diesel and Jet Fuel Markets Face Supply Pressure
London: Global refined-fuel markets are facing renewed pressure as prices for diesel, gasoline and aviation fuel rise sharply amid disruptions...
Global Fuel Prices Surge as Diesel and Jet Fuel Markets Face Supply Pressure
London: Global refined-fuel markets are facing renewed pressure as prices for diesel, gasoline and aviation fuel rise sharply amid disruptions...
UN Report Finds Nearly One Billion People Gained Access to Electricity Since 2000
New York: Nearly one billion people have gained access to electricity since the beginning of the 21st century, marking significant...
Singapore Wholesale Electricity Prices Hit 2026 High
Singapore, September 28, 2026: Singapore's wholesale electricity market has recorded its highest weekly price level of 2026, as volatility in...
Vietnam Refinery and ExxonMobil Sign Framework for Crude Oil Supply
HANOI: Vietnam’s leading oil refining operator has entered into a framework agreement with ExxonMobil Asia Pacific to strengthen crude oil...
US and Iran Discuss Possible Phased Plan to Reopen Strait of Hormuz
Washington: The United States and Iran are discussing a possible phased arrangement aimed at reopening the Strait of Hormuz and...
Oil Prices Fall More Than 2% as Diplomatic Hopes Ease Supply Concerns
Global oil prices fell by more than 2% on Monday, reaching their lowest levels in more than a week as...
Qatar Targets 2027 for First LNG Output as Hormuz Disruptions Delay Projects
Qatar is preparing for the first output from its major liquefied natural gas expansion in 2027, while disruptions affecting shipping...
## Spain Announces €17 Billion Power Grid Investment Plan to Meet Rising Electricity Demand
**Madrid, September Spain has announced a major expansion of its national electricity transmission network, increasing planned investment to more than...
Drone Strikes Disrupt Russian Diesel Refinery Operations
Moscow: A series of Ukrainian drone attacks has disrupted operations at several major Russian oil-processing facilities, adding pressure to the...
Trump Revives Proposal to Rename Strait of Hormuz as ‘Trump Strait’
Washington: U.S. President Donald Trump has proposed calling the strategically important Strait of Hormuz the “Trump Strait”, making the unusual...
Trump Revives Proposal to Rename Strait of Hormuz as ‘Trump Strait’
Washington: U.S. President Donald Trump has proposed calling the strategically important Strait of Hormuz the “Trump Strait”, making the unusual...
US Unveils Major Oil Deal Expanding Control Over Venezuelan Reserves
The United States has announced what the White House describes as the largest oil deal in world history, giving the...
US Plans 35% Stake in Venezuelan Oil Venture as Trump Pushes for Greater Control of Energy Reserves
President Donald Trump delivers his State of the Union address, February 24, 2026 Washington/Caracas, The United States is considering an...
Strait of Hormuz Crisis Puts Global Energy and Trade at Risk as Shipping Traffic Remains Disrupted
AI Generated Photo The Strait of Hormuz, a narrow maritime passage connecting the Persian Gulf with the Gulf of Oman,...
Hormuz Shipping Traffic Falls to Seven Vessels as US-Iran Talks Remain Stalled
August 21, 2026 Singapore — Commercial shipping through the strategically vital Strait of Hormuz has fallen to an unusually low...
US Senate Passes Russia Sanctions Bill, Putting India’s Trade Relations Under Fresh Pressure
The United States has taken a significant step toward expanding economic pressure on Russia, with the U.S. Senate approving a...
Proposed Strait of Hormuz Deal Faces Major Obstacles as Shipping Industry Warns of Legal and Financial Risks
August 8, 2026 A proposed arrangement designed to restore commercial shipping through the Strait of Hormuz is facing serious resistance...
Refining Capacity Crunch Keeps Global Fuel Prices High Despite Softer Crude Oil
Global fuel prices have remained elevated even as crude oil prices have eased, highlighting a growing imbalance in the international...
Renewable Electricity Capacity Hits Record Growth as Clean Energy Expansion Accelerates Worldwide
The global transition toward clean energy reached another important milestone as renewable electricity capacity recorded its largest annual increase on...
Trump Issues ‘Last Chance’ Warning to Iran as Strait of Hormuz Dispute Dominates Diplomatic Standoff
WASHINGTON, D.C. — The already fragile relationship between the United States and Iran entered another tense phase after U.S. President...
Global Energy Demand to Surge by 2050, Says OPEC – Renewables Lead the Race
In its latest 2025 World Oil Outlook, the Organization of the Petroleum Exporting Countries (OPEC) has projected a significant rise...
