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Keywords: Energy markets
Oil prices moved higher on Tuesday as investors monitored the possibility of diplomatic contacts between the United States and Iran during the United Nations General Assembly meetings in New York. By 09:15 Moscow time, October West Texas Intermediate futures had gained 1.69% to trade at around $97.40......
Commercial shipping through the Strait of Hormuz has fallen sharply as tensions between the United States and Iran continue to disrupt maritime activity in the Gulf, highlighting growing uncertainty around one of the world’s most important energy corridors. Shipping data showed that only 12 commodity......
Global fuel markets could face renewed pressure as disruptions affecting diesel supplies begin to spill over into gasoline markets, with geopolitical tensions and reduced shipping activity through the Strait of Hormuz adding to concerns over energy availability. Goldman Sachs expects gasoline prices......
The global food security outlook is coming under renewed pressure as the economic consequences of the conflict in the Middle East threaten to reverse progress in the fight against hunger. According to updated projections cited by the Food and Agriculture Organization of the United Nations (FAO), between......
Shipping traffic through the Strait of Hormuz has declined sharply, raising renewed concerns about the stability of one of the world’s most important energy corridors and the potential impact on global oil and gas supplies. Shipping data released Wednesday showed that only four vessels passed......
Disruptions to shipping through the Strait of Hormuz are increasingly affecting markets beyond oil and gas, with fertilizer supplies emerging as another major concern for the global economy. The disruption has reduced the movement of fertilizer cargoes through one of the world’s most important......
The economic fallout from the war involving Iran is putting additional pressure on American households as disruptions in global energy markets drive up the cost of gasoline and diesel across the United States. According to estimates from Brown University’s Climate and Community Project, US consumers......
The administration of US President Donald Trump has signaled that it is not currently planning to ban exports of crude oil or refined fuels as a way of bringing down rising energy prices in the domestic market. The position comes as high gasoline and diesel costs create increasing political pressure......
European natural gas prices have climbed above $1,000 per 1,000 cubic metres for the first time since December 2022, highlighting renewed pressure on the continent’s energy market as concerns over supply and geopolitical risks continue to weigh on prices. October futures on the Dutch TTF benchmark,......