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GLOBAL ENERGY SUPPLIES DISRUPTION
Iran tells Houthis to close Red Sea gateway if US hits power network, sources sayIn a significant escalation, Iran has directed Houthi militias to get ready to obstruct the Red Sea oil passage should the United States ca...- China's oil fortress will reshape the global orderChina shielded itself from the Iran war's energy shock by cutting crude imports and restricting fuel exports. This move demonstrated its ca...
- Asian refiners may be the surprise winners of fresh fuels crunchAsian refiners are well positioned to ship petroleum products globally. Renewed Middle East conflict and Russian diesel export bans are tig...
- Supply chain reset puts emerging markets at the heart of critical minerals value chain: ReportCritical minerals demand is growing strongly, creating opportunities for emerging markets. Resource-rich nations can move beyond mining int...
- Strait of Hormuz closure must end within weeks or global economy will suffer, IEA chief warnsGlobal economic headwinds could emerge if Strait of Hormuz disruptions continue for weeks. Financial markets show anxiety over escalating c...
- Russian oil still India's key energy bet despite looming US tariff risksProposed US tariffs on Russian crude imports could inject fresh market volatility. Replacing Russian supply would be difficult due to limit...
- India refiners reap fuel export windfall as war drives shortagesIndia's oil-product shipments are projected to reach their highest level since September. Refiners are capitalizing on strong profit margin...
- Trump's Strait of Hormuz Plan Explained: Can the US charge ships and what it means for IndiaStrait of Hormuz Explained: US President Donald Trump's proposal to impose a 20% charge on cargo passing through the Strait of Hormuz has s...
- Passage through Strait of Hormuz 'unfeasible' after US actions, says Persian Gulf Strait Authority; halts transit permitsPassage through the Strait of Hormuz is now unfeasible, according to the Persian Gulf Strait Authority. Recent U.S. military actions have p...
- Oil Price Today (July 13): Crude oil up almost 5%, nears $80 as US, Iran unleash more strikes. $100 in sight?Brent crude futures advanced $3.34, or 4.38%, to $79.5 a barrel, while U.S. West Texas Intermediate (WTI) crude gained $3.07, or 4.30%, to ...
- In reverse flow, India now supplies petrol to energy powerhouse RussiaIndia's petrol is navigating its way to Russia via international traders rather than through direct sales channels. The damage to Russia's ...
- Could oil prices spike further? Inside the fragile US-Iran stance in the GulfGeopolitical tensions in the Middle East have escalated after attacks on commercial vessels. Iran's objective appears to be expanding its s...
- Global Market: IEA sees global oil demand recovering as Strait of Hormuz flows resumeGlobal oil demand is showing signs of recovery as shipments through the Strait of Hormuz resume and crude prices ease, the International En...
- Asia growth improves but ADB warns of persistent headwindsAsian economic growth is projected at 4.9% for 2026, a slight improvement from earlier forecasts. Lingering Middle East conflict impacts co...
- Oil Price Today (July 10): Crude oil up 6% this week as US and Iran continue attacks. Where are prices headed?Even with Friday's decline, both crude benchmarks were set to end the week higher. Brent was on course to gain about 6%, while WTI was pois...
- Strategic oil reserve buying set to support crude demand through 2028To enhance energy security and stabilize market prices, various governments plan to acquire millions of oil barrels up to 2028. This approa...
- India, Australia unlock uranium trade, step up energy and supply chain cooperationIndia and Australia finalized uranium export administrative arrangements for peaceful purposes. Both nations committed to deepening bilater...
- India, Australia must move ahead as ‘natural and trusted partners’ amidst global uncertainty: PM ModiPrime Minister Narendra Modi pitched India and Australia as trusted partners. He called for deeper cooperation in trade, investment, and te...
- Global oil market weathers Iran war shock, but reserve depletion raises future price risksThe global oil market absorbed record supply disruptions during the Iran conflict without triggering a prolonged price shock. But analysts ...
- NY Fed says supply chain pressures eased in JuneGlobal supply chain pressures eased in June, with the New York Fed index falling to 1.25 as Middle East disruptions showed signs of easing....
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