US Missile Hit on Hormuz Island Sends Oil Prices Soaring
US missile strike on Iran's Hormuz Island sparks a 5% Brent jump, raising fears of a $500 billion oil market shock and heightened shipping risk.
Royal Dutch Shell Acquires ARC Resources for $13.6B
Royal Dutch Shell makes a $13.6 billion move in the energy sector, acquiring Canadian oil and gas producer ARC Resources Ltd, reshaping the global energy landscape.
“Asia Ditches Russian Oil for US Crude”
"Discover why Asia's largest oil consumers are turning away from Russian crude, instead opting for US oil imports amidst Western sanctions. A new era of energy politics unfolds."
Iran’s Hormuz Blockade: A Global Oil Crisis Looms
Iran's threat to block the Strait of Hormuz could spark a global oil crisis, as Tehran seeks to pressure Western countries with high-stakes sanctions evasion.