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Stock Market Today: Dow Rises Amid U.S.-Iran Peace Talks; SpaceX Stock Sells Off (Live Coverage)
Stock Market Today: The Dow Jones index wavered Monday amid U.S.-Iran peace talks. SpaceX stock dive...
Nasdaq tipped to rise after long weekend of Iran talks progress, hawkish Fed still looms
US futures were pointing higher at the start of the week as investors return from the Juneteenth hol...
Iran’s Oil Exports Through Hormuz Hit Wartime High
Iran isn’t wasting any time moving its oil out of the Gulf via the Strait of Hormuz after the U.S. l...
Norway Pitches Arctic Resources as Key to EU Energy Security
Norway has intensified its charm offensive to persuade the European Union to drop its ban on Arctic drilling by campaigning that oil and gas resources in the High North would be better for the energy ...
India Accuses West of Double Standards Over U.S. Russia Oil Sanctions
The on-and-off U.S. sanctions on Russian oil and the flipping U.S. position regarding India’s oil purchases from Russia highlight the double standards of the Western nations, Indian Foreign Minister S ...
Oil Market Volatility Masks a Shifting Reality in the Middle East
The U.S.-Iran conflict escalated again on Thursday before abruptly swinging back toward diplomacy, producing another day of extreme volatility in both energy and financial markets. The escalation bega ...
Armenia's Western Pivot Survives Moscow's Pressure Campaign
Politics, Geopolitics & Conflict Armenian Prime Minister Nikol Pashinyan won re-election on Sunday, defeating a Russian-backed opposition campaign and keeping the country on the Western trajectory. Bu ...
Oil Prices Slide as Traders Bet on Diplomacy
July WTI crude oil futures traded sharply lower through Thursday as traders removed much of the geopolitical premium tied to tensions between the United States and Iran. Through June 11, the contract ...
Oil Prices Tumble 4% on Iran Peace Optimism
Oil prices plunged by more than 4% early on Friday as the market hopes the U.S. and Iran have made progress toward a peace deal. As of morning trade in Europe, the international benchmark, Brent Crude ...
The Hidden Infrastructure Challenge Behind Renewable Energy Growth
The Middle East crisis has spurred more interest in alternative energy supply, but the evolution of transition technology has made transporting things like turbine blades and batteries problematic, DH ...
India Caps Fuel Sales to Avoid Shortages
India has imposed limits on gasoline and diesel sales at retail fuel stations to avoid supply crunches, with commercial consumers banned from buying any fuel from retail stations, Bloomberg reported, ...
Goldman Sachs Cuts 2027 Oil Price Estimate on Demand Uncertainty
Goldman Sachs has revised down its estimate for oil prices next year, basing the revision on expectations of stronger supply and weaker demand. The bank sees Brent crude averaging $80 per barrel in 20 ...
U.S. To Build Its First Ever Floating LNG Export Terminal
Over the past couple of years, the United States has established itself as the world's largest exporter of liquefied natural gas (LNG), with an operational liquefaction capacity of ~15.4 billion cubic ...
Rotterdam's Growing Oil Storage Fraud Problem Is Costing Traders Millions
The port of Rotterdam has seen, in recent years, increasingly sophisticated attempts by fraudsters to scam millions of dollars out of traders by paper fraud, offering non-existent oil storage at one o ...
Iraq's Energy Sector Faces Its Most Important Test in Decades
Iraq’s oil sector has been discussed over the last few years primarily through the lens of production figures, OPEC quotas and reserve estimates. The latter, however, is no longer sufficient or even a ...