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United States Dollar Index holds gains near 100.00 due to renewed US-Iran tensions
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currenc...
Diplomacy Falters as Hormuz Crisis Edges Toward Escalation
The latest exchange between Washington and Tehran over a proposed path toward de-escalation has raised new questions about what comes next in the growing crisis around the Strait of Hormuz. President ...
Brazil's Oil Exports to China Double as Iran War Upends Crude Flows
Brazil more than doubled the volume of its oil exports to China, with export values also nearly doubling, in the first quarter of 2026 from a year earlier, as the Middle East conflict and the closed S ...
Modi's Fuel Price Freeze Is Costing State Retailers Billions
India may have to eventually reckon with how long its major state-owned fuel retailers could sustain losses amid soaring international prices and artificially lowered prices at home, according to Oil ...
ADNOC Gas Targets 80% Habshan Recovery by End-2026
The processing capacity of the Habshan facilities, the biggest gas processing site in the United Arab Emirates, is expected to be restored to 80% by the end of 2026, after damage from the Iran war, AD ...
Shell Moves to Exit French Fuel Retail Market in Strategic Pivot
Shell plans to sell its network of about 60 service stations in France in a deal that could be finalized early next year, French daily Les Echos reported on Tuesday, quoting a communication the UK-bas ...
China’s LNG Imports Rebound From Eight-Year Low
China’s imports of liquefied natural gas are on the mend, with the 30-day moving average rising to the highest level since late February, Bloomberg reported today, citing shipping data. The number is ...
China’s Teapot Refiners Slash Output as Hormuz Crisis Crushes Margins
Some independent refiners in China are reducing their production rates as margins shrink and demand weakens amid the continued paralysis of tanker traffic in the Strait of Hormuz. Citing unnamed trade ...
Oil Prices Rise as U.S.-Iran Peace Hopes Fade
Crude oil prices ticked higher today as hopes for a peace deal between the United States and Iran faded further, after President Trump called Iran’s response to a U.S. peace deal proposal “garbage”. I ...
The No.1 Rare Earth Stock for 2026?
Roughly 40 years ago, the United States made a decision that seemed perfectly rational at the time: it stopped processing rare earths. The economics didn’t make sense when China could do it cheaper, s ...
After Squandering $25B In Refinery Overhauls, Nigeria Turns To Chinese Firms
After a series of failed and costly attempts to revamp its aging refineries, Nigeria’s national oil company, the Nigerian National Petroleum Company Limited (NNPC), has signed a new agreement with Chi ...
Aramco Sees Slow Oil Market Recovery after Shock Supply Loss
The oil market will take months to normalize even if flows through the Strait of Hormuz resumed today, as 1 billion barrels of oil have been wiped off the supply balance over the past two and a half m ...
Who’s Going To Fold First In The U.S.–Iran High Stakes Game?
As in all poker games, the player with the deepest pockets will ultimately win if he is prepared to stay at the table, and so with the high-stakes game of the U.S.-Iran War. The contents of a confiden ...