The United States and Israel launched strikes on Iran on Saturday, targeting its leadership and plunging the Middle East into a new conflict that President Donald Trump said would end a security threat and give Iranians a chance to topple their rulers. The strikes put nearby oil-producing Gulf Arab countries on edge as fears of …
Market Analysts React to US-Israel Strikes on Iran Read More »
Some oil majors and top trading houses have suspended crude oil and fuel shipments via the Strait of Hormuz amid ongoing U.S. and Israeli attacks on Iran and Tehran’s retaliation, four trading sources said on Saturday “Our ships will stay put for several days,” one top executive at a major trading desk said. (Reporting by …
The United States and Israel launched an attack on Iran on Saturday. The attack could disrupt oil and gas output and cause damage to energy infrastructure in the Middle East. Following are facts on Iran’s energy industry, exports, and the impact of Western sanctions: OIL PRODUCTION AND INFRASTRUCTURE Iran, the third largest producer in the …
Iran’s Main Oil and Gas Production and Infrastructure Read More »
The official White House X account released remarks from President Trump early this morning, in regards to the United States combat operations in Iran, which began overnight. The President appears to be seeking regime change in Iran, and said to the Iranian people: “When we are finished, take over your government. It will be yours …
OPEC+ will discuss the possibility of a larger output increase when key members meet on Sunday, after Israel carried out airstrikes on targets in Iran, Bloomberg News reported on Saturday, citing a delegate.
(Reuters) – The United States and Israel launched strikes on Iran on Saturday, targeting its leadership and plunging the Middle East into a new conflict that President Donald Trump said would end a security threat and give Iranians a chance to topple their rulers. The strikes put nearby oil-producing Gulf Arab countries on edge as fears of escalation grew, …
Feb 27 (Reuters) – Barclays said Brent crude could rise to around $80 per barrel in the event of a material supply disruption, as U.S.-Iran tensions remain elevated. “While it is entirely possible that an escalation does not lead to a supply disruption and the $3-5/b risk premium in oil prices fades quickly, even a …
Barclays Says Brent Could Reach $80 a Barrel on US-Iran Tensions Read More »
By Timothy Gardner WASHINGTON, Feb 27 (Reuters) – Cheniere Energy Inc (LNG.N) disclosed this week that it got a $370 million tax break from the Trump administration for burning liquefied natural gas in its massive tankers, a credit critics said was meant for far smaller boats. The company said on Thursday in financial disclosures that …
Cheniere Gets $370 Million ‘Alternative Fuel’ Tax Break From Trump’s IRS Read More »
By Erwin Seba US-Iran talks end with no deal but signs of progress Technical discussions scheduled for Vienna next week Brent and WTI benchmarks trade at multi-month highs UAE, Saudi to increase output in April, sources say HOUSTON, Feb 27 (Reuters) – Oil prices rose about 2% on Friday with traders bracing for supply disruptions …
Oil Prices Rise More Than 2% as US and Iran Extend Talks Read More »
(Reuters) – U.S. oil production fell for the second consecutive month in December to its lowest level since June last year, while demand reached a multi-month high, the Energy Information Administration said on Friday. Crude oil output averaged 13.66 million barrels per day in December, down about 133,000 bpd from November, the EIA said. That …
US Oil Output Fell in December to Lowest Since June 2025, EIA Says Read More »
