(Reuters) – President Donald Trump on Monday told reporters the United States has held talks with Iran and that the two sides had “major points of agreement.” Trump said the conversations that took place on Sunday would to continue on Monday and that if the negotiations continued productively, there would be a deal very soon. …
Trump Says US Has ‘Major Points of Agreement’ in Talks With Iran Read More »
(Reuters) – U.S. President Donald Trump went into the Iran war convinced that America’s vast oil wealth would insulate the country from the kind of energy shock now battering much of the world. Four weeks into the conflict, that shield is looking fragile. Trump’s wager has only partly paid off. U.S. oil prices have risen …
(Reuters) – The gas subsidiary of ADNOC, Abu Dhabi’s state oil firm, on Monday said it made temporary adjustments to its production of liquefied natural gas and export-traded liquids in response to ongoing shipping disruption in the Strait of Hormuz. The U.S.-Israeli war on Iran escalated sharply over the weekend after President Donald Trump threatened …
UAE’s ADNOC Gas Adjusts LNG Output in Response to Shipping Disruption Read More »
(Reuters) – Iran’s Tasnim news agency, citing an Iranian official, said that the strait of Hormuz will not return to pre-war conditions and energy markets will remain unsettled, adding that no negotiations with the U.S. are under way. Tasnim said U.S. President Donald Trump backed down from attacking critical Iranian infrastructure amid financial market pressure, …
Reuters) – Abu Dhabi state oil giant ADNOC’s Group CEO Sultan Al Jaber will not travel to Houston for the CERAWeek energy conference and will participate virtually before travelling to Washington D.C. for meetings, an ADNOC spokesperson told Reuters, as the Iran war upends energy markets. The gathering, which draws some of the oil …
ADNOC CEO to Address CERAWeek Virtually, Will travel to Washington Later This Week Read More »
IEA discussing further oil stock releases, chief Birol says Summary IEA prepared to release more oil ‘if necessary’ Asia Pacific is at the forefront of the oil crisis Work from home and lower speed limits could conserve fuel Australia’s 30 days of diesel stock is ‘solid’, Birol says (Reuters) – The International Energy Agency is …
IEA Discussing Further Oil Stock Releases, hief Birol Says Read More »
Summary Trump post says ‘good’ talks with Iran discuss ‘Complete and total resolution of hostilities’ Israel launches new wave of attacks on Tehran Iran vows to strike Gulf infrastructure if US attacks power grid Tehran says strait open to all but ‘enemies’ (Reuters) – U.S. President Donald Trump said on Monday he had given orders …
Saudi Aramco Chief Executive Amin Nasser has cancelled his planned appearance at the CERAWeek energy conference in Houston to remain in Saudi Arabia because of the Iran conflict, an industry source told Reuters. Nasser, who has been CEO of the world’s top oil exporter for more than a decade, is usually one of the headline …
The crude oil futures markets are still largely pricing for an early resolution to the conflict in the Middle East that results in the full re-opening of the Strait of Hormuz. But in pricing for this outcome the market is actually making it more likely the narrow waterway that serves as a conduit for as …
CRUDE OIL’S CATCH-22: Pricing for Trump TACO Trade Makes it Less Likely: Russell Read More »
Critical infrastructure and energy facilities in the Middle East could be “irreversibly destroyed” should Iranian power plants be targeted, Iran’s Parliament Speaker Mohammad Baqer Qalibaf said in comments posted on X on Sunday. His comments come after U.S. President Donald Trump warned that Iranian power plants would be targeted if the Strait of Hormuz is …
