Despite diversification of suppliers, the world still relies heavily on a single chokepoint, leaving oil and gas markets vulnerable to geopolitical escalation.
Keystone XL Might Be More Alive Than Dead. Canada’s midstream giant South Bow (TSE:SOBO), spun out of TC Energy in 2024, is reportedly seeking to revive the Keystone XL pipeline by re-routing it ...
UK wholesale gas prices have nearly doubled, and oil prices have surged to $80 a barrel following an escalation of the ...
The premium of Brent crude to the Dubai benchmark has surged to its widest level since 2022, confirming the global oil market is reacting to real supply disruption caused by the effective freeze of ...
Rising LNG and oil prices would strain Egypt’s foreign reserves, widen fiscal deficits, pressure the currency, and potentially reignite inflation and social unrest.
The revitalization of Venezuela’s oil industry following U.S. intervention threatens the market for Ecuador’s heavy crude, ...
Iraq has begun curtailing oil production at key southern fields, including Rumaila, while West Qurna 2 is also shutting in roughly 460,000 barrels per day, according to Iraqi oil officials.
India has been forced to reduce gas supply to its industrial customers by 10% to 30% after Qatar, one of its top suppliers, announced a halt in liquefied natural gas production due to military attacks ...
Asian refiners are considering slashing crude processing rates by up to 30% as the war in Iran has effectively closed the Strait of Hormuz, delaying critical Middle Eastern crude deliveries.
Oil prices continue to surge as the conflict in the Middle East intensifies, with Iran threatening to close the Strait of Hormuz and US officials suggesting a prolonged military operation.
Following military attacks on operating facilities, Qatar, the world’s second-largest LNG exporter, has ceased production, causing Europe’s benchmark natural gas prices to soar by approximately 70% ...
A quiet industrial revolution in Ohio is disrupting China’s stranglehold on the U.S. military, seeking to reclaim the "missing link" in the rare earth supply chain to ensure U.S. production of ...