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Oil & Gas

BIOFUELS BACK IN VOGUE AS IRAN WAR TRIGGERS OIL PRICE SURGE.

In response, many Asian nations such as India, Japan, and South Korea are increasing their interest in biofuels as an alternative energy source.

6 months

Oil & Gas

OIL PRICES SURGE AFTER U.S. SEIZES IRANIAN VESSEL NEAR HORMUZ

Oil prices climbed sharply in early Asian trade on Monday, as the U.S. Navy intercepted an Iranian vessel it accused of attempting to break its blockade.

6 months

Oil & Gas

ALGERIA OPENS NEW OIL AND GAS BIDS AS MIDDLE EAST WAR STRAINS MARKETS.

Algeria on Sunday launched a fresh call for international bids for hydrocarbon concessions, seeking to boost energy investment as global markets reel from the war in the Middle East.

6 months

Oil & Gas

OIL PRICES RISE 5% AS FEARS GROW OVER U.S.-IRAN CEASEFIRE COLLAPSE.

Oil prices climbed sharply by around 5% as concerns mounted that the fragile ceasefire between the United States and Iran could collapse, following the seizure of an Iranian cargo ship and renewed tensions in the Strait of Hormuz. What initially appeared to be a temporary easing of tensions quickly reversed as reports emerged of tanker attacks and continued disruptions to shipping activity in the region. Despite earlier assurances that the Strait would remain open, actual oil flows remain heavily constrained, creating a disconnect between market optimism and physical supply realities. With millions of barrels of oil still shut in and negotiations breaking down, traders are once again factoring in a significant geopolitical risk premium, signaling that global energy markets remain highly vulnerable to sudden escalations in the conflict.

6 months

Oil & Gas

OIL PRICES SINK 10% AS TRUMP ANNOUNCES STRAIT OF HORMUZ IS FULLY OPEN

Iran's Foreign Minister Abbas Araghchi announced Friday that the Strait of Hormuz is "completely open" to commercial shipping for the remainder of the US-Iran ceasefire, a declaration that drew an immediate public thank-you from President Trump.