Asian LNG Demand to Fall for Second Year Amid Gulf Supply Disruptions
Asian LNG demand is expected to decline for a second consecutive year as Gulf supply disruptions push prices higher, with Northeast Asia accounting for most of the decline.
US -Iran war | Egypt Oil & Gas
US Sanctions Wellbred Capital Over Links to Iranian Oil Network
The US has sanctioned Wellbred Capital and affiliated trading firms over alleged links to Iranian oil shipping magnate Mohammad Hossein Shamkhani and his global shipping network.
Oil Market Risks Breaking $100, Eni CEO Warns
Claudio Descalzi, CEO of Italy’s state‑controlled energy group Eni, warned that if the Middle East conflict drags on, the global oil market will break out of its current $80–$100 band by early 2027, fueling inflat ...
QatarEnergy Cuts LNG Deliveries to Bangladesh
QatarEnergy has cut its scheduled LNG deliveries to Bangladesh by half this year due to ongoing disruptions to shipments through the Strait of Hormuz, prompting Bangladesh to seek alternative supply sources while ...
Saudi Crude Exports to China Expected to Hit Record Low in June
Saudi Arabia’s crude oil exports to China are set to decline further in June, as Chinese refiners reduce demand in response to higher prices linked to US –Iran tensions, industry sources said to Reuters.
Qatari LNG Cargoes Move Toward Strait of Hormuz After Reopening
Five liquefied natural gas (LNG) tankers loaded at Qatar’s Ras Laffan terminal are heading toward the Strait of Hormuz, marking a potential resumption of shipments through the key waterway following its reopening ...
Gulf Oil Exports Plunge Over 60% as Hormuz Disruptions Force Output Cuts
Daily oil exports from the Middle Eastern Gulf have fallen sharply amid ongoing disruptions linked to the US -Iran war, with flows dropping by more than 60% in the week ending March 15 compared to February levels, ...
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