U.S. President Donald Trump said American forces had launched a major bombing raid on Iran’s strategic Kharg Island, targeting military facilities on the key Persian Gulf outpost while warning Tehran ...

Iran’s control over the geography surrounding the Strait of Hormuz gives it the ability to threaten a critical global oil ...

A new coalition led by major tech firms says smarter grid utilization could lower electricity costs as AI-driven power demand rises.

The war-driven closure of the Strait of Hormuz is inflicting severe oil and gas revenue losses on Gulf producers.

Rising global demand and volatile prices for lithium, essential for clean energy, are driving a domestic extraction rush in the US, with massive potential deposits discovered in Northeast Texas, ...

TotalEnergies reports that the war in the Middle East has shut in approximately 15% of its global oil and gas output, though a higher oil price is expected to offset the financial loss.

Years of underinvestment in oil projects, limits to U.S. shale growth, and geopolitical risks mean markets could stay tight.

Brent crude is set to close above $100 for the first time since 2022 as tensions around the Strait of Hormuz intensify.

Goldman Sachs predicts Brent Crude will average above $100 per barrel in March due to the ongoing Middle East conflict choking supply, with prices potentially surging higher if the disruption at the ...

Saudi Arabia has slashed oil output by roughly 20% as the war with Iran continues to choke off exports from the Persian Gulf, in what could become one of the largest sudden supply losses the global ...

The top Asian refiner, China’s state-controlled Sinopec, plans to slash this month its refinery processing rates by 11-13% as crude supply is choked by the Middle East war ...

Investment banks are revising oil price forecasts upward, with some anticipating a surge to $150 per barrel or more, driven by Middle East supply disruptions and the risk to the Strait of Hormuz.