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(Reuters) – President Donald Trump will review a set of policy options on Tuesday aimed at controlling energy prices during the escalating Middle East conflict, including a proposal for the U.S. government to help oil tankers in the region obtain insurance, two sources said. Global crude prices have spiked since Israeli and U.S. forces began …
(Reuters) – U.S. natural gas futures jumped about 6% to a two-week high on Tuesday on soaring oil and gas prices around the world as the U.S.-Israeli war against Iran widened across the Middle East region, disrupting the movement of energy supplies. Front-month gas futures for April delivery on the New York Mercantile Exchange rose …
US Natural Gas Futures Leap 6% as Middle East Conflict Disrupts Global Supplies Read More »
Summary Brent and WTI benchmarks gain more than $4 Vessels avoid Strait of Hormuz as freight rates soar Crude prices to remain elevated over coming days, say analysts (Reuters) – Crude oil benchmarks rose about 8% on Tuesday, soaring for a third session as the U.S.-Israeli conflict with Iran widens, disrupting fuel shipments and heightening …
Oil Prices Keep Climbing as Expanding Conflict Heightens Supply Risks Read More »
Reuters U.S. exports of liquefied natural gas rose more than 17% last month from a year earlier as Venture Global’s Plaquemines plant in Louisiana ramped up production and Cheniere brought on more units at its Corpus Christi facility, preliminary data from financial firm LSEG showed. The U.S. is the world’s largest LNG exporter, and there …
US LNG Exports Grew in February, New Output Could Help Fill Qatar Supply Gap Read More »
(Reuters) – While the U.S. has no plans yet to sell oil from the Strategic Petroleum Reserve, the world’s largest emergency oil stockpile, presidents have long tapped it during times of crisis in attempts to control fuel prices for U.S. consumers. The administration of President Donald Trump is not currently discussing selling oil from the …
How Have US Presidents Tapped the Strategic Petroleum Reserve During War? Read More »
(Reuters) – Selling oil from the U.S. Strategic Petroleum Reserve after the U.S. and Israeli attacks on Iran is ‘not currently being discussed’, a U.S. source said on Monday. “Oil markets remain well supplied”, the source said. The SPR, held on the coasts of Louisiana and Texas, is the world’s largest emergency oil stockpile, currently …
US Not Currently Discussing Sale of Oil From SPR, Source Says Read More »
Venture Global said on Monday its adjusted core profit nearly tripled in the fourth quarter, due to higher LNG sales volumes at the Plaquemines Project in Louisiana, sending its shares up nearly 9% in premarket trading. In 2025, the U.S. became the first country to export more than 100 million metric tons (mmt) of liquefied …
Venture Global’s Quarterly Core Profit Nearly Triples on Higher LNG Sales Volumes Read More »
Summary South Bow’s plan to revive KXL needs additional links in US Proposal leverages existing infrastructure in Canada Environmental, Indigenous opposition likely for South Bow’s pipeline expansion (Reuters) – A proposal led by Canadian company South Bow to revive parts of the cancelled Keystone XL oil pipeline could increase Canada’s crude exports to the U.S. …
Israel hits Tehran again after killing Khamenei Missiles hit 3 tankers off Gulf coast Hundreds of ships drop anchor in Middle East Gulf, data shows SINGAPORE, March 2 (Reuters) – Oil prices jumped 7% to their highest levels in months on Monday as Iran and Israel stepped up attacks in the Middle East, damaging …
Takeaways by Bloomberg AI The US reported the first Americans killed in a war with Iran as each side pledged escalating strikes in the days ahead. Iran’s retaliation has spread across the region in the wake of massive missile attacks that killed Supreme Leader Ayatollah Ali Khamenei and other senior officials. Oil and other markets …
Key Things to Know About the US-Israel Conflict With Tehran Read More »
