Tag: Oil and Gas
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Trump’s calls, Ukraine’s strikes and Russia’s barrage on Kyiv put markets on alert
Trump reportedly spoke with Putin and Zelenskyy as Ukraine struck Russian targets and Moscow launched another deadly attack on Kyiv.
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Why Iran may find it difficult to clear its oil inventories even after sanctions relief
Iran may face challenges in clearing oil inventories even after restrictions have been lifted, amid oil supplies elsewhere while China becomes less enthusiastic
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Cargo vessel in Red Sea reports coming under attack, UK maritime body says
The incident was reported in one of the world’s most crucial trade transit routes amid a fragile ceasefire between Iran and the U.S.
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Oman walks a diplomatic tightrope over Strait of Hormuz fees, creating a ‘blind spot’ for markets
Oman is using strategic ambiguity as talks over possible Strait of Hormuz fees raise legal, diplomatic and oil market concerns.
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Oil prices fall after U.S.-Iran talks conclude in Doha
Oil prices fell more than 1% on Wednesday after talks between Washington and Tehran concluded.
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Inside India newsletter: Amazon, Walmart-owned Flipkart get ready to shake up India’s delivery-in-minutes sector
Amazon and Walmart-owned Flipkart are scrambling to expand quick commerce operations in India, not just to chase growth but to remain relevant to consumers.
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Oil prices wobble as breakdown in U.S.-Iran talks casts doubt over peace process
Oil prices were lower on Wednesday after Iran said it would not meet with U.S. delegates for talks in Qatar, amplifying concern about the peace process.
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North Sea oil and renewables: The UK’s next PM faces a defining energy policy decision
Andy Burnham could face an early test over North Sea oil drilling as energy shocks revive the UK energy security debate.
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Iran says it is selling oil at 20% premium as end of U.S. blockade sees 40 million barrels exported
The ceasefire prompted a surge in crude shipments through the Strait of Hormuz, where traffic had largely ground to a halt during the conflict.
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Oil prices set for steep monthly drop as Trump, Iran issue mixed messages on talks in Qatar
The moves come as oil traders monitor the prospect of U.S.-Iran talks in Doha on Tuesday.
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