President Donald Trump’s sudden reversal on a plan to provide US military escorts for ships transiting the Strait of Hormuz followed Saudi Arabia’s decision to suspend...
The conflict conducted by the US and Israel against Iran is significantly exacerbating the existing structural crisis within German industry. Production disruptions in the Persian Gulf—affecting...
Mike Wirth, the CEO of US energy giant Chevron, warned on May 4 that a physical shortage of crude oil is beginning to take hold, driven...
A German Navy vessel has departed for the Mediterranean to stand ready for a potential mission in the Strait of Hormuz. The minehunter Fulda left its...
Fresh attacks erupted in the Gulf on Monday as the United States and Iran fought duelling naval blockades for control of the Strait of Hormuz, with...
The United States exported a record 5.2 million barrels of crude oil per day in April, according to data from the commodity analytics firm Kpler. This...
United States Central Command (CENTCOM) has announced a major military deployment to the Strait of Hormuz as part of “Operation Freedom,” dispatching guided-missile destroyers, combat aircraft,...
The global oil market is facing a high-scale supply shock, with rising fuel prices continuing to impact drivers at the pump on a daily basis. In...
US Central Command (CENTCOM) has reportedly requested authorization to deploy Dark Eagle hypersonic missiles to the Middle East for potential use in strikes against Iran. Citing...
Iranian Foreign Minister Abbas Araghchi, following high-level meetings in Moscow and St. Petersburg, stated that recent regional developments have once again demonstrated the depth and strength...
