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July 16, 2026
The large?crops do not automatically translate to excess supply. According to the U.S. Department of Agriculture’s World Agricultural Supply and Demand Estimates, released last week, the world's grain supply and demand balance sheets are relatively…
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July 9, 2026
Some clever people have come up with acronyms based on Mexican food to describe the disruptive and unprecedented U.S. presidential presidency of Donald Trump. TACO - Trump Always Chickens out - is an acronym that reflects the U.S. president's tendency to escalate a situation…
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July 4, 2026
Authorities in St Petersburg, Russia's second largest city and the surrounding Leningrad area said on Saturday that a major Ukrainian drone strike overnight had hit a local oil pipeline and port. Alexander Beglov, the Governor of St Petersburg…
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June 17, 2026
According to a 'MoU' published by Iran’s official IRNA News Agency on Wednesday, both countries will end their fighting on all fronts. They also agreed to stop naval blockades in the region. Iran's official news agency released details about the?deal that will be signed on Friday.
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April 30, 2026
According to a cable from the State Department, the U.S. is pushing other countries to create an international coalition in order to restore freedom of movement in Strait of Hormuz. This comes as oil prices have risen to their highest level…
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April 28, 2026
The efforts to end the Iran conflict came to a standstill on Tuesday, with U.S. president Donald?Trump unsatisfied with the latest offer from Tehran. He said that Tehran had told the U.S. they were in a state of collapse and trying figure out their leadership situation.
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April 27, 2026
The U.S. is taking steps to protect the global economy against the oil crunch caused by the?Iran war. This includes boosting exports and easing sanctions selectively, as well as tapping into strategic reserves. Washington's reputation may suffer in some circles…
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April 27, 2026
The U.S. intervened to protect the global economy against the oil crunch caused by the Iran War by boosting exports and?selectively relaxing sanctions, as well as tapping strategic reserves. Washington's reputation may suffer in some circles…
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April 23, 2026
In the past decade, we have seen a rapid succession global energy crises, fueled by conflict, extreme weather and supply chain snarls. The highly fragmented oil and gas market of today is becoming more interconnected, and as the transition to a low-carbon economy accelerates…
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June 16, 2026
The Turkish foreign minister said that he had spoken to his Russian counterpart on Tuesday about the importance of avoiding actions in 'the Black Sea' that threatened regional security and Turkey's interests. He also reiterated Turkey's offer as a mediator between Kyiv & Moscow.
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June 16, 2026
Never bet against Donald Trump. Oil market made a bet from the first day of the Iran War: the U.S. president would not let the conflict spiral into an economic crisis. The traders would not price in a single barrel, regardless of what happened with physical supplies.
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April 15, 2026
Andrii Sybiha, Ukrainian Foreign Minister, held a phone call with his Israeli counterpart Gideon Sa'ar in order to discuss the Russian vessel that he said was carrying grain'stolen' from Ukraine and docked at an Israeli port. Kyiv believes that…
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April 13, 2026
The Kremlin criticised a?announcement made by the?U.S. on Monday. President Donald Trump said that the U.S. will blockade Iran's ports by blocking the Strait of Hormuz. The?U.S. The?U.S. Such actions will continue to have a negative impact on international markets.
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May 8, 2026
The U.S. intelligence assessment concluded that Tehran could withstand a naval blocade for four more months. According to a U.S. government official who was familiar with this analysis, first reported by The Washington Post, the CIA assessment concluded that the U.S.
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May 6, 2026
Iran's foreign minister stated on Wednesday that it would only accept a "fair and comprehensive agreement" with the U.S. in its negotiations to end the Middle East war, as President Donald Trump noted "great progress"? in the process. He didn't…
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May 5, 2026
OPEC has been weakened more than anyone could have imagined just a few months ago by the military actions of U.S. president Donald Trump in Venezuela and Iran. White House may see this as a big win, but ultimately it could hurt both the U.S. energy market and the U.S.
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April 30, 2026
Iran announced on Thursday that it would respond to any new attacks by Washington with "long, painful'strikes'" and reasserted control over the Strait of Hormuz. This complicates U.S. plans to form a coalition in order to reopen this?waterway.
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April 7, 2026
Volodymyr Zelenskiy, the President of Ukraine, said that Ukraine is taking part in consultations on the Strait o f 'Hormuz. He also added that Ukraine has maritime expertise which could be useful in Asia. Kyiv sent a group of specialists to…
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April 2, 2026
The Russian foreign ministry reported that Russian Foreign Minister Sergei Lavrov discussed safety of navigation through the Strait of Hormuz with Iran's Foreign minister Abbas Araghchi by telephone on Thursday. The statement posted on the website…
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March 26, 2026
The Turkish transportation minister confirmed that a drone had struck a crude oil tanker from Turkey, which was leaving Russia. This caused an explosion near the Bosphorus Strait in Istanbul's Black Sea. Abdulkadir Uraloglu, the minister of transportation…
