Commodities
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Strait of Hormuz Oil Transit Drops to 17 Million Barrels Daily in 2023
MANAMA, July 13 — The Strait of Hormuz, a narrow waterway connecting the Persian Gulf to the wider…
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Ukrainian Strikes on Russian Oil Infrastructure Impact Markets
MOSCOW, July 13 — Ukraine’s campaign of drone strikes against Russian oil infrastructure is exacting a measurable toll…
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Russia’s Energy Sector Facing Growing Structural Strain
MOSCOW, July 13 — The shift in Russia’s energy sector is becoming impossible to ignore. For decades, oil…
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Venezuela Economy: Oil Exports, Sanctions Impact Data
CARACAS, July 13 — The collapse of Venezuela’s economy, once among the wealthiest in South America, stands as…
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Economic Impact: How Ukraine’s Strikes Affect Global Oil Markets
LONDON, July 13 — Ukraine’s campaign of drone strikes against Russian oil infrastructure has contributed to volatility in…
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Impact of US Venezuela Policy on Global Oil Markets and Refining
CARACAS, July 13 — The hulking storage tanks and refineries that line Venezuela’s coast tell a story of…
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Venezuela’s oil production plummets despite holding world’s largest reserves
CARACAS, July 12 — The figure that matters: 303 billion barrels. That is the size of Venezuela’s proven…
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New powers could reshape oil markets and US businesses
CARACAS, July 12 — A new US executive order has placed Venezuela’s oil sector back under the regulatory…
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Russian Oil Flows Despite Sanctions via Aging Tankers
MOSCOW, July 12 — Vladimir Putin has been President of Russia since 2000 (with a term as Prime…
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Strait of Hormuz: Key Chokepoint for Global Oil Trade
TEHRAN — For the first time, Iran has declared an indefinite closure of the Strait of Hormuz, a…
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Global Oil Markets: Strait of Hormuz Disruptions and Economic Impact
LONDON, July 12 — The Strait of Hormuz is a critical artery for global oil supplies. About 21…
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Global Oil Markets Brace for Hormuz Closure Disruption
ASTANA, July 12 — A prolonged closure of the Strait of Hormuz would hit global oil markets harder…
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Strait of Hormuz: World’s Most Critical Oil Waterway
TEHRAN, July 12 — For decades, the 21-mile-wide waterway known as the Strait of Hormuz has quietly underpinned…
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Economic Impact: How Shadow Fleet Strikes Affect Global Oil Markets
ROME, July 12 — From the Black Sea to the corridors of global energy markets, a quiet but…
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Global Oil Prices Surge 5% on Strait Closure Threat
TEHRAN, July 12 — A sharp reminder of the world’s dependence on a single narrow waterway sent oil…
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Strait of Hormuz by the Numbers: Oil, Width, and Traffic
WASHINGTON, July 12 — The U.S. Energy Information Administration’s latest assessment of the Strait of Hormuz places a…
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Strait of Hormuz Closure Threatens Global Oil Prices and Supply
NEW DELHI, July 12 — For India, the third-largest oil importer on the planet, any disruption at the…
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Global oil supply at risk as 17 million barrels per day threatened
ISLAMABAD, July 12 — Global energy markets are watching the Strait of Hormuz with renewed concern today, as…
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Data and Figures: The Strait of Hormuz in Global Oil Trade
WASHINGTON, July 12 — The Strait of Hormuz, a narrow ribbon of water connecting the Persian Gulf to…
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Global Oil Markets Brace for Strait of Hormuz Closure
SINGAPORE, July 12 — The potential closure of the Strait of Hormuz is sending tremors through global energy…
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Iran Threatens Strait of Hormuz Closure, Sends Oil Prices Soaring
DUBAI, July 11 — The economic stakes are clear. When the Strait of Hormuz closure was announced on…
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Russian oil exports disrupted as Kerch Strait strike halts 1M barrels daily
MOSCOW, July 11 — The disruption to shipping through the Kerch Strait following an August 18, 2024 strike…
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How US Tariffs on Russian Oil Could Reshape Global Energy Markets
MOSCOW, July 11 — The United States is considering new tariffs on Russian oil exports that could cut…
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Trump Tariffs Reshape Global Oil Prices and Supply Chains
MOSCOW, July 11 — The mechanics of global oil markets are about to be stress-tested again, and this…
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