Tag: energy
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ECB keeps interest rates unchanged amid Iran war inflation
The European Central Bank has kept its base interest rates steady but said it was “closely monitoring” the energy price shock. The impact of the war against Iran on energy costs has pushed inflation over ECB targets.
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Brent crude tops $100 a barrel. How the next stop could be $120
Goldman Sachs warns on oil prices and so called tank bottoms ( and loves a new natural gas-related name).
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Trump says Saudi nuclear deal contingent on relations with Israel, does not include enrichment
The civilian nuclear cooperation agreement, signed Wednesday, will be sent to Congress for review, the Department of Energy said.
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Houthis claim strikes on Saudi Arabian oil tankers in Red Sea as Iran conflict expands
Yemen’s Houthis said they had targeted two Saudi Arabian oil tankers with drones and missiles for allegedly violating its maritime blockade.
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Watch: What we know about the US-Saudi nuclear deal
The BBC’s Sarah Smith explains the implications of the landmark cooperation agreement between both countries.
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US and Saudi Arabia reach historic nuclear energy deal
The deal is another sign of growing US-Saudi ties during US President Donald Trump’s second term. It will reportedly allow Saudi Arabia to develop its own civilian nuclear program.
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U.S. signs nuclear power agreement with Saudi Arabia
U.S. cooperation with foreign countries on civilian nuclear power requires review by Congress under the Atomic Energy Act.
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Analysis: Iran war energy shock hits the U.S. economy as gas and diesel prices climb
A new asymmetry in the market means fuel prices won’t fall quickly even if the shooting in the Iran war and Strait of Hormuz stops.
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GE Vernova sellers blinded by an earnings miss should focus on strong demand instead
Using the EPS miss as a reason to knock the Club stock down more than 7% is short-sighted.
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Houthis deploy missiles and drones to attack ships in southern Red Sea, naval group says
Attacks on ships transiting the Bab el-Mandeb threaten to cut off millions of barrels per day of Saudi crude oil exports.
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