Iran’s Foreign Ministry said US attacks on targets inside Iran during the night of June 11 had “effectively rendered meaningless” the ceasefire arrangement that entered into...
OPEC oil production fell in May to its lowest monthly level in more than two decades, according to a Reuters survey. The decline was driven by...
China’s factory-gate prices recorded their fastest increase in nearly four years last month, official data released on Wednesday showed, highlighting the impact of rising energy prices...
The European Commission has proposed keeping the price cap on Russian oil at its current level until January, seeking to avoid a mandatory increase under the...
Morten Wierod, the Chief Executive Officer of ABB, the Swiss-Swedish multinational industrial technology giant, has warned that Europe could face mass unemployment unless it urgently deregulates...
The rapid development of artificial intelligence and the swift expansion in both the number and capacity of data centers are driving a surge in electricity demand,...
The International Atomic Energy Agency (IAEA) reported no major changes in its assessments of Iran’s nuclear program since clashes between the US, Israel, and Iran began...
A prolonged disruption in energy supplies resulting from conflict in Iran would deal a severe blow to the global economy, according to a new economic outlook...
Evangelos Marinakis, one of Greece’s leading shipowners, has announced that he is prepared to pay up to $200,000 per transit to keep the Strait of Hormuz...
Qatar and United Arab Emirates liquefied natural gas (LNG) tankers are turning off their transponders in the Strait of Hormuz, shifting their logistical strategies in response...
