#energy security
articles
Hormuz Strait Uncertainty Keeps Oil Market Under Pressure as Iran Proposes Fees and Restrictions
Oil futures climbed on Friday after Tehran's plan to impose fees and block 'hostile' vessels from transiting the Strait ...
Iran and Oman Outline Tentative Hormuz Shipping Route, But Full Reopening Hinges on U.S.
A proposed temporary corridor would channel oil tankers through Iranian waters, yet Tehran warns the Strait of Hormuz wi...
Brazil Cuts Hydro Output to Build Reserves as El Niño Looms
The federal government is temporarily scaling back hydroelectric generation to conserve water in reservoirs, reinforcing...
Deadly Houthi Strikes on Saudi Soil and Oil Tankers Put Red Sea Export Route at Risk
The deadliest Houthi assault in years killed dozens of fighters and wounded civilians in Saudi Arabia, while attacks on ...
Angola Fuel Crisis: Government Admits Nationwide Shortages as Sonangol’s Finances Crumble
Minister Diamantino Azevedo confirmed a fuel supply crisis across Angola, blaming state oil company Sonangol’s financial...
Trump: Hormuz Navigation Deal Expected Within 48 Hours as Oil Markets Await Relief
A 60-day Strait of Hormuz transit agreement could be announced as early as Wednesday, easing oil supply fears that have ...
Saudi Aramco’s Profits Leap 44% as Middle East War Tightens Global Oil Supply
The Saudi oil giant posted net income of 122.6 billion riyals (€28.4 billion) for Q2 2026, fueled by crude above $100 af...
War-Driven Refining Boom Lifts Big Oil Earnings, but the Upside Is Fragile
Record refining margins driven by the Iran conflict and Russian supply losses are turbocharging Big Oil profits. The win...
Iran War Buys BP Breathing Room but Complicates O'Neill's Turnaround
A wartime surge in oil and gas prices delivered BP its strongest quarter since 2022, but CEO Meg O'Neill still faces inv...
Record Droughts Shut Nuclear Plants in Hungary and Romania, Testing EU Energy Security
Danube at record lows has forced the shutdown of Hungary's Paks and Romania's Cernavoda reactors, exposing nuclear power...
Trump Says Future of Strait of Hormuz Will Be Decided 'Today or Tomorrow'
Trump has issued a 'last chance' ultimatum on Strait of Hormuz shipping, with an Omani-brokered deal — or US military ac...
Iran and Ukraine Wars Are Now One Energy Shock — Refining Is the Fault Line
Crude prices recovered by July, but the system that turns it into fuel never did. Two wars now drain the same spare refi...
Japan's Latest Briefings: Defense Export Shift, Middle East Oil Risk and a New Labor Market
From loosened defense export rules to Middle East supply risks and a transformed hiring landscape, Japan's latest news c...
SLB Bets on AI Data Centers and a Post-Hormuz Oil Boom
Political shocks are reordering global energy, and the oilfield services giant is positioning itself to profit from both...
Hungary Shuts Paks Nuclear Plant for First Time in 44 Years as Danube Hits Record Low
Record-low Danube levels are forcing Hungary to take its only nuclear plant offline, risking power import costs of up to...
China's Waning LNG Demand Weakens Case for Planned Export Projects
Beijing's energy self-sufficiency push has cut projected LNG demand growth by up to 22 million tons, eroding the need fo...
ExxonMobil and Chevron Post Multi-Billion Q2 Profits as Hormuz Strife Drives Record Refining Margins
ExxonMobil netted $14.5 billion and Chevron $12.1 billion in the second quarter, fuelled by war in Iran and a bottleneck...
Colombian Power Generators: Strengthen Institutions and Pay Debts to Secure Energy Supply
As a new government prepares to take office amid El Niño, Colombia’s power generation sector says institutional stabilit...
Turkmenistan Tests Offshore Oil Spill Response on Caspian Platform
State agencies simulate a major leak and fire at the Djygylbeg field, assessing coordination ahead of any real incident.
Turkey’s $15B ‘Development Road’ Aims to Break Strait of Hormuz Dependency
Ankara plans a 1,200 km rail and highway corridor from Iraq’s Al-Faw port to Europe, seeking to reroute a fifth of the w...
Oil Swings as Saudi-Led Red Sea Defense Pact Eases Supply Fears, But Hormuz Risk Lingers
Brent crude briefly topped $93 before turning lower, pulled between a 14-nation naval coalition for Red Sea security and...
Saudi Arabia Strikes Iran-Backed Militias After Drone Attacks on Oil Facilities
Riyadh joined US airstrikes on militia targets in Iraq after a wave of drone attacks on its petroleum infrastructure, si...
US Launches Strikes on Dozens of IRGC Sites in Iran After Thwarted Missile Attack
CENTCOM confirms a wave of strikes on Iranian IRGC command centres, missile and drone facilities, and coastal defences f...
NLR Study: Can Five Emerging Fuels Ease Aviation’s Supply Crunch?
With jet fuel demand set to soar to 165 billion gallons by 2050, researchers evaluate SAF, hydrogen, LNG, ethane, and Je...
Japan’s 1970s Oil Crisis Lessons Offer a Roadmap for Today’s Energy and Price Shocks
As 2026 brings renewed Middle East instability and oil-driven inflation, Japan revisits the 1973 and 1979 crises: how st...
Behind Closed Doors: Netanyahu’s Push for Wider US Strikes on Iran Meets Trump Skepticism
A low-key White House visit by Israel’s PM failed to secure US commitment to expand military action against Iran, as Was...
Iran and Ukraine Step Back from Conflict After Caspian Ship Strike
Tehran accepts Kyiv's apology for the unintended attack on an Iranian vessel, but demands compensation for the crew memb...
Oman Leads Regional Diplomacy to Ease Tensions Around Strait of Hormuz
Oman’s foreign minister held phone talks with counterparts from Saudi Arabia, Qatar, Kuwait, Egypt and Iran, focusing on...
Nigerian Navy Intercepts Vessel with 683 Tonnes of Stolen Crude as Anti-Theft Drive Lifts Output
The seizure of MT FILIA off Akwa Ibom underscores the Navy's crackdown on crude theft, with production gains pushing Nig...
US Strikes on Southern Iran Hollow Out Civilian Infrastructure and Threaten Regime Control
A new phase of US-Iran hostilities concentrates on the Strait of Hormuz region, systematically dismantling bridges, powe...