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Oil prices would spike by $10 to $20 per barrel if an Israeli strike knocks out 1 million barrels per day of Iranian production over a sustained period, according to Goldman Sachs. U.S. crud... Read more
After a scorching summer that saw electricity bills soar, experts told lawmakers Wednesday that they should eschew costly utility mandates, invest in technology like carbon capture, and avoi... Read more
The European Union on Friday voted to adopt definitive tariffs on China-made battery electric vehicles (BEVs). “Today, the European Commission’s proposal to impose definitive cou... Read more
“The National Iranian Tanker Company (NITC) appears to be fearing an imminent attack by Israel,” one tanker tracking firm wrote. Fifteen miles off Iran’s northwestern coast... Read more
The oil price rally, which puts crude futures on track for gains of around 8% week-to-date, has surprised many market observers in that it appears to be somewhat subdued given what’s a... Read more
Oil prices could shoot up $20 per barrel if Iranian production sees a hit resulting from Israeli retaliation, said Goldman Sachs. Iran, which is a member of OPEC, is a key player in the glo... Read more
Asia-Pacific markets traded mixed on Friday. This follows after losses on Wall Street, with concerns over Middle East tensions keeping investors on edge. U.S. crude futures rose around 5% ov... Read more
Hurricane Helene slams into southeastern U.S., killing dozens and leaving almost 6 million customers in ten states without power. Some areas so badly hit that full reconstruction of energy... Read more
Video footage shows the moment Yemen’s Houthi rebels launched an explosive-laden drone boat into a British oil tanker in the Red Sea. Footage released by the Houthi group shows a massive exp... Read more