Tag: Oil and Gas
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Trump again threatens Iran with annihilation as Kuwait and Bahrain report attacks
Iran says it targeted U.S. military facilities in Kuwait and Bahrain following U.S. strikes on targets in and around the Strait of Hormuz.
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Oil slides nearly 2% as markets look past fresh Iran tensions and focus on supply outlook
Oil extended declines on Friday, with markets focused any further breakthroughs in the Middle East conflict, while digesting a flurry of news from the region.
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Iraq piles pressure on OPEC over quota dispute after UAE exit
Reuters reported that though Iraq had considered leaving OPEC, the current plan is to remain a member of the group while seeking a higher output quota.
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Chevron CFO says gas prices will normalize after Trump presses Big Oil
Her comments come shortly after President Donald Trump ordered an investigation into Big Oil, accusing them of “gouging” consumers.
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Iran’s neighbor, U.S. ally: What Pakistan gains from being a peacemaker
Pakistan’s efforts to bring an end to the conflict in the Middle East are driven by the need to avoid a spillover across its borders.
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Oil prices erase wartime gains as supply concerns ease with Hormuz tanker traffic resuming
Oil prices fell as investors bet global crude supplies will improve, as tankers stranded in the Persian Gulf for months have begun leaving the Strait of Hormuz.
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Inside India newsletter: Meet the humans teaching robots to perform routine tasks, as India finds a way to enter the AI race
Several companies have cropped up in India providing video training data made by humans that is being used to teach robots in the U.S. and China.
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Oil extends decline as Trump accuses oil firms of ‘gouging’ consumers
U.S. President Donald Trump intensified pressure on oil companies to lower gasoline prices following the recent decline in crude.
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Oil prices rise as investors continue to watch U.S.-Iran moves, Citi sees ‘overhang’ disappearing
Oil rises slightly early Tuesday as investors continue to assess the latest developments in the Middle East, while showing optimism the conflict may end soon.
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Shipping stalls in Strait of Hormuz after Iran declares key waterway closed again
The update comes even as industry trackers showed Iranian tankers have continued to sail through the strait.
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