China Emerges as Iran’s Main Oil Buyer as US Tightens Economic Pressure
August 21, 2026 Beijing/Dubai — China has emerged as the most important destination for Iran’s oil exports, creating a major...
Global Oil Market
Trump Warns of Broad Economic Pressure on Countries Supporting Iran
August 20, 2026 President Donald J. Trump, joined by Secretary of War Pete Hegseth, Physicist John M. Martinis, Science and...
Strategic Oil Reserves Explained: Why Countries Are Stockpiling Crude for the Next Energy Shock
When global oil supplies are disrupted, governments have one emergency tool that can be used almost immediately: strategic petroleum reserves....
Strait of Hormuz Uncertainty Keeps Global Oil Prices Under Pressure as Markets Await a Clear Reopening Deal
August 8, 2026 Global oil markets remain highly sensitive to developments surrounding the Strait of Hormuz, with traders struggling to...
OPEC Launches 2025 Statistical Bulletin: A Vital Tool for Global Energy Insights
On July 2, 2025, the Organization of the Petroleum Exporting Countries (OPEC) released its 60th Annual Statistical Bulletin (ASB) from...
