Tag Archives: oil and gas

The recent disruption in the Middle East, including the closure and uneven reopening of the Strait of Hormuz, has exposed a shift in the global energy system’s principal vulnerability. Initial concern focused on whether enough crude oil could reach the market. Yet crude flows have recovered faster than supplies of …

The attacks on Iran’s infrastructure came on the sixth consecutive day of U.S. strikes. A retaliatory attack by Iran caused damage to a power and desalination plant in Kuwait.By Rachel Chason,  Mohamad El Chamaa and  Suzan Haidamous The U.S. military struck bridges, energy infrastructure and a port facility in southern Iran overnight …

China’s rapid robotization drive is reshaping its energy sector, from solar panel manufacturing and wind turbine assembly to oil and gas operations and power grid management. As the world’s largest installer and producer of industrial robots, China installed roughly 295,000 new units in 2024, more than the rest of the world combined, …

Tehran Cannot Legally Redefine Freedom of Navigation Through International WatersIran proposes collecting tolls or fees from ships passing through the Strait of Hormuz to generate up to $40 billion annually. According to discussions among Iran, Oman, and other regional players, Tehran has suggested charging for “security, safety, and environmental services.” The Iranian …

Summer nears, yet Iran’s power troubles run deeper than just hot days. Blackouts loom not simply due to weather but because neglect has weakened the grid over years. Outdated plants struggle now where new investment was ignored before. Fuel runs low at times, worsened when rivers shrink beneath long dry spells. People use energy …

Energy experts estimate output to rebound within weeks, but it may take months to rebuild shipping confidence and repair damaged energy assets.New Delhi: The interim US-Iran agreement has paved the way for the reopening of the Strait of Hormuz, but energy market experts caution that oil production and exports from major …

Crude prices fall as markets price out West Asia conflict risk. Analysts say India could benefit through lower import bill, easing inflation and improved energy security. New Delhi: The US-Iran peace agreement and the subsequent reopening of the Strait of Hormuz could help ease global energy supplies, lower crude prices and provide relief …

Vice President JD Vance has cast falling fuel costs as a win for the US, telling Fox News the Trump administration would keep working to drive down energy prices. Oil fell on Monday after the announcement of a ceasefire deal between Washington and Tehran, with Brent crude dropping about 4 …

New Gas from Absheron Will Not on Its Own Transform Europe’s Energy Balance, but It Will Add Valuable Supply Diversity On June 1, 2026, during Baku Energy Week, Azerbaijan’s State Oil Company, TotalEnergies, ADNOC International, part of Abu Dhabi National Oil Company, and Turkey’s state pipeline company, BOTAŞ, signed a 15-year natural …

The new pipeline will undoubtedly make UAE less vulnerable to disruptions in Hormuz. The country is also not new to the idea of bypassing the strait. New Delhi: As conflict in West Asia raises fresh concerns over the security of the Strait of Hormuz—the world’s most important oil transit chokepoint—the United …