IEA Boss Warns Global Economy in Peril If Hormuz Crisis Persists
(Bloomberg) — The global economy faces a renewed challenge if the conflict that’s choked the Strait of Hormuz…
Hormuz Flare-Up Forces Pakistan to Buy Priciest LNG Since 2022
(Bloomberg) — Pakistan bought its most expensive liquefied natural gas spot shipment in four years, as renewed hostilities…
Shell lifts gas outlook for second quarter of 2026 as LNG production increases
Shell has raised its second quarter gas production and LNG output guidance for 2026, indicating stronger-than-expected trade performance…
Gas Demand Set for First Drop Since 2022 on Iran War, IEA Says
(Bloomberg) — Global gas demand is poised for the first annual drop since the 2022 energy crisis because…
Oil Climbs as Fresh Tanker Strike Highlights Risks Around Hormuz
(Bloomberg) — Oil gained following attacks on vessels in the Strait of Hormuz, highlighting continued risks to traffic…
Pakistan Buys More LNG as Flows Through Hormuz Fail to Recover
(Bloomberg) — Pakistan bought a liquefied natural gas shipment for delivery later this week, as exports from main…
China’s Oil Refiners Slash Output After Crude Imports Plunge
(Bloomberg) Chinese oil refiners sharply reduced output last month to the weakest level in nearly four years, after the…
China Burns More Fossil Fuels for Power as Coal Production Slips
(Bloomberg) — China’s thermal power generation grew for a fourth straight month in April even as coal output…
Japan May Extend $10 Billion to Southeast Asia to Help Buy Oil
(Bloomberg) — Japan plans to provide as much as $10 billion in financial support to nations in Southeast…
China’s Clean Tech Firms Signal Windfall From Gulf Energy Shock
(Bloomberg) — Chinese clean‑tech manufacturers are beginning to benefit from the supply crunch in the Gulf, as rising…
Weekly Transits Reach Highest Since War Began
(Bloomberg) — Traffic through the vital Strait of Hormuz has been picking up in the past week, with…
Trump Planned for Big Oil’s Global Dominance. Then He Went to War With Iran
(Bloomberg) — From capturing Venezuela’s president to attacking Europe’s methane rules, President Donald Trump had created a slipstream…