KEY POINTS Iran has warned that global oil prices could surge to as high as $200 per barrel as tensions in the Middle East escalate and attacks on merchant vessels …
global oil markets
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Energy TransitionIn the News
IEA Orders Record 400 Million Barrel Oil Release to Stabilise Global Markets Amid Iran War
KEY POINTS The International Energy Agency , IEA, has announced the largest coordinated release of emergency oil reserves in history, as member countries move to stabilise global energy markets following …
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Venezuela and the US struck a deal to export up to $2 billion in crude, redirecting oil from China and easing pressure from sanctions and storage limits
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Libya’s El Sharara oil field sees reduced production due to operational and security challenges, reflecting ongoing instability in the region