KEY POINTS US President Donald Trump has postponed planned military strikes on Iranian power plants and energy infrastructure for five days, saying Washington and Tehran have held “very good and …
© 2024 Energy News Africa Plus. All Rights Reserved.
President Trump
-
-
In the NewsOil & Gas
Iran Threatens Indefinite Closure of Strait of Hormuz After Trump’s 48-Hour Ultimatum
KEY POINTS Iran has warned it could shut the Strait of Hormuz indefinitely if the United States carries out threats to attack its power infrastructure. The warning followed a 48-hour …
-
KEY POINTS The United States has eased sanctions on Venezuela’s state-owned oil company, Petróleos de Venezuela, in a move aimed at increasing global oil supply. The decision was announced by …
-
In the NewsMarketsOil & Gas
Oil Prices Slide as Global Leaders Move to Contain Iran War Supply Shock
KEY POINTS Global oil prices fell sharply as world leaders moved to reassure markets that measures are being prepared to cushion the impact of the ongoing war involving Iran on …
-
KEY POINTS Far from the busy markets of London or New York, the flickering numbers on trading screens—Brent crude at $67.02 a barrel—tell a different story. That figure is more …