Global Gas Report: 2026 Trade Volume Expected to Decline by 7 Billion Cubic Meters
Rystad Energy, the International Gas Union, and Italian gas group Snam have jointly released the Glo...
UK Maritime Trade Operations: Strait of Hormuz vessel traffic down about 90% from pre-conflict levels
The UK Maritime Trade Operations (UKMTO) assesses that, despite a brief recovery in transits in late...
Iran Issues New Rules for Transiting the Strait of Hormuz
On August 23, the Persian Gulf Strait Authority (PGSA) of Iran adjusted its management measures for ...
Iran Discovers Over 7.5 Trillion Cubic Feet of Natural Gas Resources
On August 23, Iran's Oil Minister Mohsen Paknejad stated that the country has discovered a new natur...
Freightos: Canal Restrictions to Bring Surcharges of Up to $1,000 in Mid-September
Freightos' latest analysis shows that the container shipping market is simultaneously under multiple...
BRS Lowers 2032 Oil Demand Peak Forecast to 105 Million Barrels Per Day
BRS Tanker has revised its global oil demand peak forecast down to approximately 105 million barrels...
Russian Government Extends Mandatory Gasoline Sales Quota Validity at 10% Until End of 2026
Russian Deputy Prime Minister Alexander Novak (Александр Новак) chaired a meeting on the situation i...
Qatar LNG Supply Disruption Doubles Prices, Global Demand May Fall 8% from 2025
The disruption to global energy flows from the Middle East conflict could reach unprecedented levels...
Citigroup raises third-quarter Brent forecast to $80
Citigroup has raised its third-quarter Brent crude forecast to $80 per barrel from $75, citing the o...
Divergence over Hormuz Transit Plans Keeps International Oil Prices Rising
On August 7, uncertainty over transit arrangements in the Strait of Hormuz continued to push interna...
Goldman Sachs: Brent Crude at $80-90 Until US-Iran Deal or Escalation
Goldman Sachs said on Tuesday it expects Brent crude prices to trade in a range of $80 to $90 per ba...
Optimism Over US-Iran Talks Sends International Oil Prices Down Over 5% on the 4th
Driven by optimistic expectations that the United States and Iran may soon reach an agreement regard...
Iran Threat Escalates, Oil Tanker Traffic Through Strait of Hormuz Falls to Two-Month Low
Ship traffic through the Strait of Hormuz remains at its lowest level in more than two months, as a ...
Global PCB Shortage in 2026, India Prepares Rs 15,000 Crore Investment
The West Asian conflict, compounded by surging demand for AI servers, is triggering a global supply ...
U.S. Scorpio Tankers Reports Q2 2026 Net Income of $387.5 Million
Scorpio Tankers has released its financial results for the second quarter of 2026. Amid the impact o...
Escalation in Middle East Drives International Oil Prices Up Over 2% on 21st, Gold and Silver Also Rise
The escalating tensions in the Middle East have sparked concerns over potential disruptions to oil s...
Emirates Adjusts 12 Airbus A380 Routes in September
Emirates' latest schedule shows that A380 flights from Dubai International Airport (DXB) to five glo...
Iran's National Copper Company Produces 431,900 Tons of Copper Concentrate in Q1
The National Iranian Copper Industries Company (NICICO) produced approximately 432,000 tons of coppe...
United Airlines' second-quarter cargo revenue rises 22.6% to $527 million
United Airlines' second-quarter cargo revenue increased 22.6% year-over-year to $527 million, driven...
International oil prices record biggest single-day gain in 6 years
Due to the escalation of tensions between the US and Iran and the US announcement of reinstating a ...
International Oil Prices Surge Over 3%
International crude oil futures prices rose significantly at the start of the new trading week late ...
Aluminum Prices Rebound as Iran Closes Strait of Hormuz; Middle East Production Capacity Halted Reaches 2.22 Million Tons
In the early hours of July 12 local time, the Navy of the Islamic Revolutionary Guard Corps of Iran ...
Russia Extends Fuel Export Ban Until July 31, 2026
The Russian government has decided to extend the temporary ban on exports of diesel, marine fuel, an...
Fed's Williams: Energy prices may have peaked and will decline
John Williams, President of the New York Federal Reserve Bank, said on Thursday that despite renewed...
Indonesia Imports Approximately 770,000 Barrels of Russian Crude Oil for the First Time
The first phase of the renovation of Chapayev Street and the riverside boulevard in the river port a...
Two Greek supertankers traverse the Strait of Hormuz along Oman route this week
Regional conflicts have reignited this week, but at least two supertankers owned by the same company...
IEA: Global Oil Demand to Shrink in 2026 for First Time Since Pandemic
The International Energy Agency (IEA) said on Friday that global oil demand is expected to shrink in...
Russian Railways transports 65,000 tons of grain to Iran via Astara in first half of year
Russian Railways is preparing to develop grain transportation to Iran via the "North-South" Internat...
US Revokes General License for Iranian Oil Sales; Oil Prices Surge Over 5% in After-Hours Trading
International oil prices closed up about 3% on Tuesday, as the US revoked a general license authoriz...
Iran Develops Prototype of Artificial Brain Using Living Human Neurons, Potentially Reducing Energy Consumption by a Million Times
Iran has developed a laboratory prototype of an artificial brain made from living human neurons, cap...