European Union (EU) energy ministers will meet on Thursday, October 29, to discuss energy security and affordability ahead of the winter heating season, as escalating conflicts in Iran, Ukraine, and Yemen drive oil an...
The International Energy Agency (IEA) is warning that escalating Middle East tensions are increasing uncertainty in global oil and gas markets. Hostilities threaten the Strait of Hormuz and regional energy infrastruct...
India has resumed buying oil from Iran for the first time in nearly five years, as ongoing tensions in the Middle East continue to disrupt supplies, especially through the Strait of Hormuz, Reuters reported. The oil m...
TotalEnergies reported that production in Qatar, Iraq, and offshore United Arab Emirates (UAE) is either halted or in the process of shutting down, representing around 15% of the company’s total output. Onshore UAE pr...