Tag: Oil and Gas
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Oil prices move higher as Iran threatens response to latest U.S. strikes
Brent crude futures, the international benchmark, gained 1.5% to $92.10 a barrel. U.S. West Texas Intermediate futures advanced 0.9% to $85.23 per barrel.
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Shell posts best quarterly profit in four years as Iran war boosts oil and gas prices
The bumper result comes as energy majors receive a profit boost from soaring fossil fuel prices amid the Iran war.
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Oil jumps as U.S.-Iran resume strikes after a brief pause
Oil rose sharply amid renewed tensions in the Middle East after Iran launched an attack on U.S. forces using ballistic missiles.
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Iran launches surprise ballistic missile attack on U.S. forces in the Middle East
Centcom in a post on X said that the attack originated from Iran, but all missiles were intercepted.
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Iran hosts Hormuz calls with Saudi Arabia, Oman as Trump hails ‘good talks’
Talks over the Strait of Hormuz continue as Iran’s foreign ministry discussed the strategically vital maritime passage with Saudi and Omani counterparts.
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Oil prices drop more than 2% as a pause in U.S.-Iran hostilities raises de-escalation hopes
Speaking to reporters aboard Air Force One on Monday en route to Michigan, Trump dismissed suggestions that the U.S. was running short on weapons.
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India’s Gen Z forced Modi to listen, respond and act — exposing chinks in the ruling party’s armor
In a rare occurrence, Modi’s government was forced to concede demands of Gen Z protesters, underscoring their rising influence in the country’s polity.
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Oil slides 5% as Iran reportedly signals halt to attacks if U.S. pause holds
Oil prices fell after Iran reportedly said it would suspend attacks as long as a U.S. pause in hostilities remains in place.
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Ukraine strikes Iranian vessels in Caspian Sea, Tehran accuses Kyiv of ‘hostile and criminal act’
The latest attacks by Ukraine, combined with Saudi military strikes on Iran-backed Houthi targets in Yemen, represent a widening of the Middle East conflict.
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Finland’s radical answer to renewable energy’s biggest headache: The world’s largest sand battery
A small Finnish town has turned to the world’s largest commercial sand battery to tackle a major hurdle in the energy transition: intermittency.
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