Auto Added by WPeMatico
A ceasefire in the Iran war will deliver badly-needed relief to economies battered by the world’s worst ever energy crisis, but hopes the truce will quickly restore normal oil and gas flows from the Middle East are almost certainly misplaced. U.S. President Donald Trump on Tuesday agreed to a two-week ceasefire, conditional on Iran pausing …
Iran War Ceasefire Pushes Energy Markets Into Twilight Zone: Bousso Read More »
U.S. President Donald Trump said his deadline for Iran to open the Strait of Hormuz or face attacks on critical infrastructure is Tuesday evening, according to an interview he gave to the Wall Street Journal on Sunday. “If they don’t do something by Tuesday evening, they won’t have any power plants and they won’t have …
Trump Threatens to Hit Iran Infrastructure on Tuesday if Strait Remains Blocked Read More »
Recent U.S. intelligence reports warn that Iran is unlikely to open the Strait of Hormuz any time soon because its grip on the world’s most vital oil artery provides the only real leverage it has over the United States, according to three sources familiar with the matter. The finding suggests that Tehran could continue …
US Intelligence Warns Iran Unlikely to Ease Hormuz Strait Chokehold Soon Read More »
Venezuelan opposition leader and Nobel Laureate Maria Corina Machado addresses delegates at the 44th annual CERAWeek by S&P Global in Houston the week of March 23, 2026. Top oil executives, senior U.S. government officials and influential policymakers from around the world are gathering in Houston, Texas, for S&P Global’s annual CERAWeek conference. The gathering took …
Bloomberg News President Donald Trump is convening technology executives at the White House next week to sign pledges committing their companies to foot the electricity bill for energy-hungry data centres. Representatives of firms including Amazon.com Inc., Meta Platforms Inc., Microsoft Corp. and Google parent Alphabet Inc. are expected to attend a March 4 event with the president, a White House official said. Others on the invite …
Trump Summons Amazon, Google, Meta to Sign Power-Cost Pledge Read More »
Reuters U.S. spot natural gas prices for Monday at the Waha Hub in the Permian Shale in West Texas closed in negative territory for a record 12th time in a row as pipeline constraints trap gas in the nation’s biggest oil-producing basin, forcing some energy firms to pay others to take gas associated with their …
US Natgas Prices at Waha Hub in Texas in Negative Territory for Record 12th Day Read More »
(Reuters) – President Donald Trump signed an executive order on Friday rescinding a punitive 25% duty on all imports from India over its purchases of Russian oil, the White House said. Trump on Monday announced a trade deal with India that slashed U.S. tariffs on Indian goods to 18% from 50% in exchange for India halting Russian …
Trump Rescinds Punitive Tariff on India Over Purchases of Russian Oil Read More »
Summary Four-year deal includes 15% pay raise, $2,500 signing bonus USW sought 16% raise, Marathon firm on final offer Contract replaces current one, which was extended before February 1 expiration Union tells BP Indiana refinery employees to prep for strike, lockout (Reuters) – The U.S. United Steelworkers union adopted on Friday a national agreement on …
Union Agrees to US Refineries Contract, Averting Nationwide Strike Read More »
U.S. President Donald Trump and his advisers are planning an initiative to dominate the Venezuelan oil industry for years to come, and the president told aides he believes his efforts could help lower oil prices to $50 a barrel, the Wall Street Journal reported on Wednesday. A plan under consideration includes the U.S. exerting some …
A Canadian pipeline boss led a new report advising the Trump administration on how to more quickly build new oil and gas infrastructure in the United States amid a push north of the border to do the same. U.S. Energy Secretary Chris Wright requested …
