Global Energy
LNG Buyers Seek New Suppliers as Iran War Disrupts Gulf Shipments
LNG buyers are seeking supplies from new regions as the US Israeli war against Iran disrupts shipments from the Gulf, prompting importers to...
Fresh Ship Attack in Hormuz Raises Fears Over Global Oil Supplies
A reported attack on a vessel in the Strait of Hormuz has raised fresh concerns about disruptions to global energy supplies, as tensions...
Brent Crude Rises Above $100 as Middle East Conflict Escalates
Brent crude oil prices rose above $100 a barrel on Wednesday for the first time since July 24, as escalating conflict in the...
Saudi Aramco Delivers $33.4bn Profit Despite Regional Geopolitical Tensions
By Benson Daniel Saudi Arabian energy giant Saudi Aramco has reported a net income of $33.4 billion, demonstrating remarkable resilience despite heightened geopolitical...
TotalEnergies Posts $5.4 Billion Second Quarter Profit as Middle East Tensions Boost Energy Prices
By Benson Daniel French energy giant TotalEnergies reported a sharp rise in second quarter earnings, posting a net profit of $5.4 billion as...
Saudi Oil Tankers Bound for China, India Reverse Course After Houthi Red Sea Threat
Two oil tankers carrying Saudi Arabian crude to China and India reversed course in the Red Sea on Tuesday after Yemen's Iran aligned...
U.S.-Iran Conflict Escalates as Airstrikes Continue and Tanker Is Hit in Hormuz
The United States launched airstrikes against targets in Iran for a 10th consecutive night, while Tehran intensified its response by attacking an oil...
U.S. Expands Airstrikes Into Northern Iran as Naval Blockade Enforcement Intensifies
The United States has widened its military campaign against Iran, carrying out airstrikes on targets in northern parts of the country while disabling...
