Oil prices increased over 1% on Monday, July 20, as traders reacted to prospects of renewed…
Tag: Energy
West Africa endorses $25 billion Nigeria-Morocco pipeline
West African leaders have formally endorsed the Nigeria-Morocco Atlantic Gas Pipeline, a major energy infrastructure project…
U.S. Gas Prices Exceed $4 Amid Renewed Iran Conflict
Gasoline prices in the United States rose above $4 per gallon on Monday, marking the first…
Houthis impose maritime embargo on Saudi Arabia, threaten
Yemen’s Iran-aligned Houthi movement announced a maritime embargo against Saudi Arabia on Monday, escalating tensions in…
China’s LNG Imports Rise 8.3% Amid Tightening Global Market
China's liquefied natural gas (LNG) imports increased by 8.3% year-on-year in June, reaching 5.68 million tons,…
U.S. gas prices rise to $4 amid escalating Iran conflict
U.S. gas prices surged to an average of $4 per gallon on Monday as tensions between…
Oil prices surge as US-Iran conflict escalates, hits $90.95
Oil prices increased on Monday as hostilities between the US and Iran intensified, raising concerns about…
Europe Avoids Jet Fuel Shortages Despite Early Warnings
Europe did not experience the anticipated jet fuel shortages that were forecasted for June, despite early…
Strait of Hormuz Closure Disrupts Global Energy Trade
The ongoing closure of the Strait of Hormuz has significantly disrupted global energy trade, affecting fuel…
Strait of Hormuz Emerges as Key Bargaining Chip for Iran
Iran's strategic control over the Strait of Hormuz has become a central issue in its negotiations…