Brent up 1.5% to $89 after US strikes Iranian rocket launchers on Larak Island
Energy

Brent up 1.5% to $89 after US strikes Iranian rocket launchers on Larak Island

US Central Command confirms strikes on two IRGC rocket launchers on Larak Island after forces were seen preparing rocket...

Aoife Keane 👁 16 💬 0
Russian Fuel Shortages Spur Rationing, Public Blames Local Officials
Energy

Russian Fuel Shortages Spur Rationing, Public Blames Local Officials

Ukrainian drone attacks on Russian oil refineries have caused severe fuel shortages across several regions, leading to r...

Aoife Keane 👁 30 💬 0
Mozambique Probes Return of Fuel Shortages as Queues Reappear
Energy

Mozambique Probes Return of Fuel Shortages as Queues Reappear

Fuel queues have returned in Mozambique days after supply stabilised, prompting the government to investigate what it ca...

Aoife Keane 👁 31 💬 0
Saudi Arabia Forges 14-Nation Alliance to Defend Red Sea Shipping from Houthi Attacks
Politics

Saudi Arabia Forges 14-Nation Alliance to Defend Red Sea Shipping from Houthi Attacks

Riyadh announces a defensive maritime coalition spanning the Gulf, Pakistan, Turkey and Egypt after repeated Houthi stri...

Sinead Brennan 👁 34 💬 0
Strait of Hormuz Reopening Now Seen Pushed to 2027, Analysts Warn, Prolonging Oil Supply Disruption
Energy

Strait of Hormuz Reopening Now Seen Pushed to 2027, Analysts Warn, Prolonging Oil Supply Disruption

Kpler analyst Matt Smith says the Strait of Hormuz is unlikely to reopen before 2027, keeping 15 million b/d of crude of...

Aoife Keane 👁 47 💬 0
European Flight Cancellations Loom as Jet Fuel Stocks Hit Critical Lows
Travel

European Flight Cancellations Loom as Jet Fuel Stocks Hit Critical Lows

Iran's renewed closure of the Strait of Hormuz has slashed Europe's kerosene imports, leaving airlines with less than a ...

Maya Golan 👁 36 💬 0