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First India-Bound LPG Tanker Clears Hormuz Since U.S. Blockade Began
A tanker carrying liquefied petroleum gas (LPG) passed through the Strait of Hormuz this weekend en route to India in the first crossing of an India-linked LPG cargo since the U.S. launched a blockade outside the Strait to prevent Iranian oil exports. The MT …
Ukraine Hits Russian Black Sea Oil Port Four Times in One Week
Russia's Black Sea port of Tuapse was targeted and hit by a new Ukrainian drone strike early on Friday, in the fourth attack on the port in just one week as Ukraine looks to limit Russia's oil exports and revenues amid soaring crude prices. Since internationa…
Oil Spikes Above $110 on Iran War Escalation and UAE OPEC Shock Exit
Brent surges above $110 as fears grow that the U.S.-Iran war could drag into a prolonged conflict, while the UAE’s shock OPEC exit raises questions over a broader Middle East energy realignment. Oil Boom, Currency Zoom: Energy Winners Surge as Importers Feel …
Can Afghanistan Anchor a New Energy Route Around Hormuz?
The ongoing standoff in the Strait of Hormuz between the United States and Iran is forcing a rethink about regional energy and trade routes. Afghanistan is a potential lynchpin of a new route that circumvents the Hormuz choke point, but Taliban control of the…
Nuclear Fusion’s Funding Rush Comes With a Catch
As nuclear fusion technologies move towards commercialization, the industry will need hundreds of millions, if not billions of dollars of new capital, either from public or private sources, in order to grow. Two nuclear fusion companies have chosen to access…