Key Points: Qatar reported that the ongoing closure of the Strait of Hormuz created severe complications for global supply chains. Officials confirmed that 2 LNG tankers crossed the waterway recently, but normal maritime traffic remains completely halted. The foreign ministry...
Key Points: President Donald Trump delayed a planned military strike on Iran following urgent appeals from Persian Gulf allies. Oil prices dropped noticeably, with Brent crude falling 2.17 percent to USD 109.67 per barrel as the immediate threat of escalation cooled. Diplomatic talks remain completely stalled after both the United States and Iran rejected recent...
Key Points: Australian consumer sentiment increased by 3.5 percent in May following a temporary drop in fuel taxes. The overall confidence score remains at a gloomy 83.0, well below the historical average of 100.3. The Reserve Bank of Australia raised interest rates for the third consecutive month, hurting household budgets. A massive 85 percent of...
Key Points: Japanese Prime Minister Sanae Takaichi and South Korean President Lee Jae Myung meet in Andong for a two-day diplomatic summit. The two leaders plan to build a united front to secure stable energy resources amid the ongoing war in Iran. This trip highlights strong shuttle diplomacy, as Takaichi visits Lee's hometown just months...
Key Points: Treasury Secretary Scott Bessent extended a special rule allowing the sale of Russian crude oil for a third...
Key Points: US shoppers remain surprisingly resilient amid $ 5-per-gallon gasoline and a 3.8% annual inflation rate. A massive $68...
Key Points: Japan and Brazil held their 1st strategic dialogue to strengthen bilateral economic ties and discuss increasing oil shipments....
Key Points: Oil prices climbed for a third consecutive day, pushing Brent crude near $110 per barrel and West Texas...
Key Points: Goldman Sachs maintains a strong year-end price target for gold at $5,400 per troy ounce. Analysts discovered they...
Key Points: Brent crude oil pushed past $111 per barrel after gaining 8% on the global market last week. President...
Key Points: Spot gold dropped 1.3% to $4,483.67 an ounce during Asian trading hours on Monday. United States and Japanese...
Key Points: The approval rating for Japanese Prime Minister Sanae Takaichi's Cabinet fell by 2.5 percentage points, landing at 61.3...
Key Points: The Venezuelan government circulated a 63-page draft of new regulations to govern foreign and local energy companies. The...
Key Points: Iran refuses to fully open the Strait of Hormuz until the war with the United States and Israel...
Key Points: Spot gold fell 2.4% to $4,540.14 an ounce, marking its worst week since the middle of March. Hotter...
Key Points: Prime Minister Mark Carney and Alberta Premier Danielle Smith signed a major pact to cut emissions and grow...
Key Points: The US Environmental Protection Agency mandated record levels of biofuel blending, driving massive profits for oil refiners across...
Key Points: Sinopec officially confirmed a new shale gas field in Sichuan containing over 235 billion cubic meters of fuel....
Key Points: United States energy company Caturus raised $9.75 billion to build the Commonwealth LNG export facility in Louisiana. The...
Key Points: BP is considering selling several of its natural gas properties in Egypt to reduce corporate debt quickly. Chief...
Key Points: The Iran war closed the Strait of Hormuz, cutting off the global supply of heavy bunker fuel and...
Key Points: The companies behind the LNG Canada project will decide whether to build a massive second phase by the...
Key Points: Gold fell 0.45% to $4,664.1 per ounce as inflation data altered interest rate expectations. Nicholas Frappell notes a...
Key Points: U.S. President Donald Trump and Chinese President Xi Jinping are negotiating access to the tech market and mineral...
Key Points: Chinese geological teams discovered 200 new medium and large-sized mineral deposits throughout 2025. The country invested 25.25 billion...
Key Points: Gold prices remained flat as investors watched the high-stakes summit between President Donald Trump and President Xi Jinping....
Key Points: Brent crude and West Texas Intermediate oil prices stabilized around $106 and $102 after Trump and Xi met...
Key Points: Chinese green technology companies scrapped approximately $2.8 billion in planned American factory projects in 2025. Jinko Solar agreed...
Key Points: Indonesia will build 33 new waste-to-energy plants to tackle a severe garbage crisis. The nation currently generates roughly...
Key Points: Spot gold prices increased by 0.3% to hit $4,699.87 per ounce on Thursday morning. United States President Donald...
Key Points: The ongoing conflict with Iran pushed global oil prices to $103 a barrel, sending desperate nations to China...
Key Points: USA Rare Earth reported a smaller-than-expected loss of $0.12 per share, and its stock rose 2.6%. The company...
Key Points: Gas prices hit a national average of $4.51 per gallon, marking a 50 percent increase since late February....
Key Points: Europe wastes massive amounts of clean energy because it lacks the infrastructure to store excess power. Chinese companies...
Key Points: The Organization of the Petroleum Exporting Countries changed its global oil demand growth forecast to 1.7 million barrels...
Key Points: Brent crude holds near $107 a barrel following a 4% jump as the Strait of Hormuz remains closed....
