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IRAN CONFLICT ENERGY INFRASTRUCTURE
Macron says France, US to 'act together' to ease energy market tensions, protect Strait of HormuzFrench President Emmanuel Macron said France and the US have agreed to work together to ease energy-market tensions, protect critical infra...- US wants to redraw Gulf’s energy map with a $5 billion bet beyond Hormuz: ReportThe United States proposed a $5 billion fund for Middle Eastern energy infrastructure. This initiative aims to reduce reliance on the Strai...
- Iran's actions risk 'global economic instability', says G7; warns West Asia conflict may escalateThe G7 warned that Iran's actions risk further escalating the West Asia conflict, undermining international trade and creating global econo...
- Hormuz shuttles keep oil flowing, but at a high costMiddle East oil producers are increasingly using ship-to-ship (STS) transfers off Oman to keep crude exports moving despite disruptions fro...
- Qatar strongly condemns Houthi attacks on Saudi ArabiaQatar condemned Houthi missile strikes targeting Saudi Arabia's sovereignty and civilian infrastructure. The United States urged Americans ...
- Iran warns against new escalation by US and alliesIran has issued a stark warning of severe retaliation aimed at the United States and its allies, claiming to have intelligence about an imp...
- Pakistan minister Naqvi to visit Tehran; Iran says talks to focus on bilateral tiesPakistani Interior Minister Mohsin Naqvi is set to visit Tehran on Sunday to address bilateral agreements and rising West Asian tensions, i...
- Trump’s Iran war bill hits $45.1 billion and countingThe Pentagon estimates the US conflict with Iran has cost $45.1 billion. This figure surpasses earlier Congressional Budget Office projecti...
- Oil prices are high but could be much worse. Trump has China's Xi to thank for thatChina's vast oil reserves and reduced imports helped stabilize global prices. This strategy mitigated the impact of the ongoing conflict in...
- EIL sees prospect as Saudi, UAE plan to expand pipeline, storageThe near-closure of the Strait due to the Iran war, which began more than six months ago, has heightened the need for Gulf oil exporters to...
- The Iran war is driving clean energy development. It's not enough to help the planet, yetGlobal clean energy adoption is increasing due to the war against Iran. However, this shift is not yet sufficient to combat climate change ...
- Pakistan announces austerity measures to conserve fuel as Gulf conflict spiralsPakistan announced austerity measures to conserve energy and reduce government spending. These steps include cutting fuel for official vehi...
- US military says it destroyed 2 small Iranian boats trying to steal a sea droneThe US military destroyed two Iranian boats attempting to seize a drone ship. This incident occurred in waters off Iran, escalating recent ...
- Saudi Arabia runs out of oil export routes as pipeline shuts, Hormuz blockedSaudi Arabia's oil exports face growing challenges after attacks closed a key pipeline. Iran and its allies have tightened their grip on vi...
- Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO saysThe six-month U.S. war against Iran has cost $38 billion through August 1, with expenses projected to rise by $3 billion monthly, the Congr...
- Oil prices rise as Saudi pipeline outage, fresh attacks raise supply concernsOil prices increased as attacks on Saudi energy infrastructure persisted. The kingdom's East-West pipeline remains offline, impacting globa...
- Russia, Ukraine agree to not hit energy targets, says TrumpUkraine and Russia have agreed not to strike each other's energy targets. US President Donald Trump announced this agreement on Monday. He ...
- Oil markets survived the Iran war sprint. Now comes the marathonThe Iran war is increasingly looking like a prolonged threat to global energy markets, rather than a short-term supply shock. Crude has ris...
- Crude pool drying up as Middle East conflict drags on, refiners waryIndian refiners are using inventories to manage immediate oil supply disruptions. They worry about prolonged closures and widening conflict...
- BRICS has the oil jackpot. Now comes the hard partBRICS is gaining weight in global energy markets as its 11 members include major oil producers such as Russia, Saudi Arabia, Iran and the U...
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