IEA chief warns US–Iran conflict could trigger the worst energy crisis in history
The ongoing tensions involving Iran, the United States, and Israel are pushing the world toward what could become the most…
Tag: OilPrices
Iran Likely to Keep Strait of Hormuz Under Tight Control, US Intelligence Suggests
Recent US intelligence indicates that Iran has little intention of easing its grip on the Strait of Hormuz anytime soon,…
Oil Surges Nearly 7% as Trump Signals Continued U.S. Strikes on Iran, Stirring Global Supply Fears
Global oil markets jolted sharply on Thursday after Donald Trump signaled that the United States would continue its military operations…
US Fed chief says energy shock manageable for now but warns inflation risks could grow
The head of the US central bank, Jerome Powell, said the economic impact of the recent surge in energy prices…
Back to WFH? Asia Revisits Covid-Era Playbook Amid Fuel Crisis
Countries across Asia are dusting off strategies from the Covid-19 era, including work-from-home policies and targeted stimulus measures, as they…
Iran Vows to Keep Fighting as Trump Predicts Quick End to Gulf Conflict
Iran’s top diplomat, Foreign Minister Abbas Araghchi, declared that the country is prepared to continue its military actions for as…
US Urges India to Buy Russian Oil at Sea Amid Global Supply Concerns
In a move aimed at stabilising global oil markets, the United States has encouraged India to purchase Russian crude already…
US Rules Out Strikes on Iran’s Energy Infrastructure Despite Soaring Oil Prices
The United States has confirmed it will not target Iran’s energy infrastructure, even as tensions escalate in the region. Speaking…