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Shell Boss Warns Europe Is Next After Asia Suffers Fuel Squeeze
Shell Plc Chief Executive Officer Wael Sawan said that Europe will soon begin to experience the same kind of disruption to fuel supplies that Asia has faced due to the war in Iran in recent weeks.
What is happening to gas and electricity prices?
Typical household bills will fall by 7% when the new energy cap takes effect on 1 April 2026.
French Inflation to Accelerate to 2% Next Month, Insee Says
French inflation will quicken to match the European Central Bank’s 2% goal in April as oil prices surge due to the fighting in the Middle East, the national statistics agency said.
Green energy boss backs more North Sea oil and gas production
GB Energy chief Jürgen Maier says boost could bring economic benefits amid energy cost crisis and actually help transition from fossil fuelsThe head of the UK’s national green energy champion has joined other high-profile renewable energy leaders in making the case for more North Sea oil and gas pr...
Chevron Plans to Buy Oil From Sable for California Refinery
Chevron Corp. is planning to buy some of the first shipments of crude from Sable Offshore Corp.’s platforms off the coast of Santa Barbara, weeks after the Trump administration green-lit the restart of production.
Former NTSB investigator on LaGuardia crash: Did controller lose ‘situational awareness’?
As investigators probe what contributed to a deadly collision between a jet and a fire truck at LaGuardia Airport in New York late Sunday, a former National Transportation Safety Board (NTSB) investigator said they are likely to focus on whether an air traffic controller had a lapse in “situational...
Trade turnover between Russia and Vietnam rises by 6% in 2025
According to Deputy Prime Minister Dmitry Chernyshenko, Russia highly values the level of political dialogue between the two countries and the regular exchange of high-level delegations
Kimmeridge’s Viviano on Iran War, LNG and Price Volatility
Kimmeridge Head of Public Equities Mark Viviano discusses LNG markets and the impact of the Iran conflict on global energy prices with Bloomberg’s Julie Fine at CERAWeek in Houston. (Source: Bloomberg)
ConocoPhillips CEO Expects Crude Market to Flip Into Contango
ConocoPhillips Chief Executive Officer Ryan Lance sees the oil market flipping into contango — trader jargon for a situation where oil for delivery next month or later in the year commands higher prices than near-term barrels.
Israel, Iran trade strikes as U.S. says it is pausing attacks on energy targets
Four Persian Gulf states reported fresh missile and drone threats from Iran, as Israel pledged to keep up its attacks in Iran and Lebanon “with full force.”
War In Middle East Hits Indian Kitchens With Surge In Edible Oil Prices
India relies heavily on imports to meet its demand, making it extremely vulnerable to global shocks.
War In Middle East Hits Indian Kitchens With Surge In Edible Oil Prices
India relies heavily on imports to meet its demand, making it extremely vulnerable to global shocks.
SNB Touts Record Number of New Bonds and Issuers on Swiss Market
The Swiss franc bond market set records in both new issuances and number of issuers last year, according to a senior central bank official.
What Happens if 20 Percent of the World’s Oil Disappears?
The war with Iran could change how the whole world thinks about energy security in the future. The energy policy expert Jason Bordoff explains.
China state refineries explore Iran oil deals
TEHRAN- China’s state-owned refiners have begun exploring purchases of Iranian crude after Washington allowed the sale of some oil already loaded onto tankers, Bloomberg reported, citing people familiar with the matter.
West Africa to Feel Hit from War’s Fertilizer Shock, ETG Says
West Africa’s cocoa and cotton farmers will take the greatest hit as the war in Iran leads to a fertilizer shock across the continent, according to ETG, one of the region’s top agricultural commodity traders.
Bank of Russia lowers dollar rate for March 25 to 80.96 rubles
The official euro exchange rate was lowered by 80.17 kopecks to 93.9247 rubles
Barry Manilow: Cancer has really made me take stock of my life
“You just don’t even think about (how fragile life is), and suddenly, you have lung cancer’ - Barry Manilow
Oil shortage would materialize if Iran's power plants attacked: economic expert
TEHRAN- An economic expert, referring to Iran's warning to the United States that the Strait of Hormuz would be completely closed if its power plants are attacked, said: "The moment a physical oil shortage occurs, the real effects of Iran's actions will become apparent on the ground, and what we are...
Iran oil crisis has cost UK drivers £307m in higher fuel costs – analysis
Oil prices have soared to as much as 120 dollars a barrel in response to Iran’s stranglehold on tankers passing through the Strait of Hormuz.