China's crude oil imports fell to a decade low in June, reaching 7.12 million barrels per…
Tag: geopolitical
Trump Frames CLARITY Act as AI Race Against China
On Monday, President Donald Trump urged the U.S. Senate to pass the CLARITY Act, framing it…
Iran Directs Houthis to Prepare for Red Sea Shipping Attacks
Iran has instructed Yemen's Houthi movement to prepare for potential attacks on shipping in the Red…
US approves nearly $2bn arms sale to Saudi Arabia
The U.S. Department of State has approved a potential $1.96 billion weapons sale to Saudi Arabia,…
U.S. Blockades Iranian Ports Amid Hormuz MoU Tensions
The United States has resumed blockading Iranian ports, escalating tensions just weeks after a memorandum of…
US Strikes on Iran Heighten Middle East Tensions, Oil Rises
Tensions in the Middle East escalated following recent U.S. airstrikes on Iran, raising concerns over the…
U.S. Naval Blockade on Iran Reimposed Amid Rising Tensions
The United States reimposed a naval blockade on Iran on Wednesday as military strikes intensified in…
U.S. Crude Inventories Fall 1.7 Million Barrels Amid
U.S. crude oil inventories decreased by 1.7 million barrels for the week ending July 10, according…
U.S.-Iran Cease-Fire Collapses, Oil Prices Surge Above $85
The U.S.-Iran cease-fire aimed at reopening the Strait of Hormuz has deteriorated, leading to a spike…
Iran War’s Aftermath Could Disrupt Global Oil Supply Chains
The ongoing conflict in Iran is expected to have lasting effects on global oil supply chains,…