Tag: Oil and Gas
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U.S. says it targeted Iranian forces after attacks that killed two American service members
Centcom says it hit Iran’s coastal surveillance and air defense facilities a day after two U.S. troops were killed in an Iranian strike on Jordan.
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U.S. military says it has completed the latest round of strikes against Iran, amid more disruptions to shipping
U.S. Central Command says it continues to enforce a naval blockade against Iran, while Kuwait and Bahrain say they have intercepted more Iranian projectiles.
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BP, ConocoPhillips to back Iraq with major investments as U.S. seeks to weaken Iran’s energy hold
BP and ConocoPhillips are set to announce billions of dollars of new investments in Iraq on Friday.
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Oil rises as Iran threatens retaliation if Trump targets country’s critical infrastructure
Oil prices rose Friday as investors weighed escalating threats between the United States and Iran.
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Renewed Hormuz hostilities drive ECB rates rethink amid ‘extremely volatile’ outlook
Several consecutive days of strikes exchanged between the U.S. and Iran have cast uncertainty on the European Central Bank’s interest rate decision next week.
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Inside India newsletter: Modi is exporting India’s workforce to a world turning against immigration
With its vast working-age population, India is signing labor mobility deals with several of its trading partners even as sentiment turns against immigration.
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Oil rises as U.S. continues to strike Iran, reinstates naval blockade of the country’s ports
Oil prices rose Wednesday after U.S. forces struck Tehran and Washington reinstated its naval blockade of Iranian ports near the Strait of Hormuz.
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Global shipping industry sounds the alarm over Trump’s Hormuz toll plan
For shipping giant Hapag-Lloyd, it is “fundamentally wrong” to charge tolls for passage through international waters, regardless of the country in charge.
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Is Hormuz open? Trump’s toll threat intensifies rush to bypass the Strait altogether
Gulf producers are increasingly relying on alternative routes to keep crude moving as shipping disruptions expose the risks of depending on the Strait of Hormuz.
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Trump’s Hormuz toll plans bring oil supply risks back in spotlight
President Donald Trump’s plan to impose a 20% fee on cargo passing through the Strait of Hormuz is threatening the global oil surplus.
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