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Jordan's State TV Reports Ammonia Gas Leak in Aqaba Industrial Complex
Jordan's State TV Reports Ammonia Gas Leak in Aqaba Industrial Complex
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Oil Prices Rise Over 3% as Houthi Attacks Continue and Hormuz Talks Postponed
Brent crude futures gained as much as 3.5% to $108.41 a barrel, while West Texas Intermediate crude futures rose 3.9% to $102.84 a barrel. The surge follows renewed Houthi attacks on Saudi Arabia and
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Yemen's Houthi rebels claim ballistic missile and drone attacks on Saudi Arabia, government forces advance in Taiz
The Houthi group stated on Monday that they launched attacks on military facilities and infrastructure, including aircraft hangars, radar installations, runways, and ammunition depots at King Khalid a
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Copper is down 2.03% intraday, now trading at $6.415.
Copper is down 2.03% intraday, now trading at $6.415.
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Iran's Persian Gulf Strait Authority Publishes Updated List of 77 Vessels Violating Protocols for the Strait of Hormuz, Threatening Fines, Detention or Confiscation
Iran's Persian Gulf Strait Authority Publishes Updated List of 77 Vessels Violating Protocols for the Strait of Hormuz, Threatening Fines, Detention or Confiscation
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Iran states US, not lack of mediation, is main obstacle to diplomacy
Iran states US, not lack of mediation, is main obstacle to diplomacy
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Essar Energy Transition Fuels Ltd. retail unit agrees to acquire UK fuel retailer SGN Retail, potentially doubling its UK fuel station network
According to an Essar statement, Essar Energy Transition Fuels Ltd.’s retail unit has agreed to acquire UK fuel retailer SGN Retail. This deal could double Essar’s network of fuel stations in the coun
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London-listed Metlen has signed a long-term liquefied natural gas (LNG) supply agreement with Malaysia's state-owned Petronas to supply Greece.
London-listed Metlen has signed a long-term liquefied natural gas (LNG) supply agreement with Malaysia's state-owned Petronas to supply Greece.
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FTSE 100 Live: UK Stock Futures Rise as Oil Marches Higher
FTSE 100 Live: UK Stock Futures Rise as Oil Marches Higher
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US Deputy Energy Secretary James Danly Discusses Bolstering Asia's Energy Security Amid Surging Costs at Gastech Bangkok 2026
US Deputy Energy Secretary James Danly Discusses Bolstering Asia's Energy Security Amid Surging Costs at Gastech Bangkok 2026
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HD Hyundai E&F completes W435b LNG cogeneration plant in South Korea
HD Hyundai E&F has completed a 435 billion won ($323 million) liquefied natural gas (LNG) cogeneration plant at the Daesan petrochemical complex in Seosan, South Chungcheong Province, strengthening th
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US Energy Deputy Secretary Danly: US accelerating LNG export approvals to lower global energy prices
US Department of Energy Deputy Secretary James Danly told Bloomberg that the US is accelerating LNG export approvals and production to lower global energy prices. He argues that expanding American ene
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Goldman Sachs Partner Mark Wilson: U.S. Stocks Face Triple Headwinds, Bullish on AI Infrastructure, Commodities, German Equities, and Large Banks
Goldman Sachs partner Mark Wilson noted that after a strong rally in Q2, the US stock market has entered a sideways trend, currently facing three major headwinds: historical patterns around midterm el
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Pakistan GasPort Chairman Iqbal Z. Ahmed states Hormuz closure has disrupted LNG supply chains, reshaping Pakistan’s demand outlook.
Ahmed made the remarks on the sidelines of 'Gastech Bangkok 2026'.
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Baker Hughes CEO sees no slowdown in energy projects despite higher rates, citing robust LNG demand from AI buildouts
Baker Hughes Chairman and CEO Lorenzo Simonelli stated that the company has not observed a slowdown in major energy project investments, attributing this to strong demand for natural gas and power dri
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If Democrats regain control of the House, the Trump administration's Venezuela oil deal will face a congressional investigation.
Wall Street Journal Insights, citing Politico, reported that the Trump administration recently brokered a deal involving 17 Venezuelan oil fields with proven reserves of up to 65 billion barrels. The
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Trump says U.S. may keep Iranian oil 'like Venezuela' as Hormuz talks stall, citing Venezuela deal revenue 'paid for war many times'
Former President Trump stated on Sunday that the U.S. could continue its campaign against Iran and take control of its oil, likening it to the deal with Venezuela. He added that U.S. revenue from the
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Copper Slips as Inflation Data Raises Bets on Fed Hiking Rates
Copper Slips as Inflation Data Raises Bets on Fed Hiking Rates
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Chevron Australia's President Expects LNG Prices to Remain High for Six Months
Chevron Corp.’s Australia president stated that liquefied natural gas prices, which have surged since the start of the US-Iran war, are unlikely to drop in the short term.
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India's data center boom is creating a new engine for its renewable energy industry, with data centers expected to consume 3% of the country's total electricity by 2030
The rapid expansion of data centers, driven by India's push to become an AI hub, is increasing the bankability of battery-backed solar and wind projects, as data center companies are willing to sign l
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China's National Bureau of Statistics: In early September, prices of 37 out of 50 important means of production in the circulation sector rose, while 9 fell.
According to data from China's National Bureau of Statistics, in early September 2026 compared to late August, among the 50 important means of production in 9 categories across the national circulatio
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Yemen's Houthis intensify fighting, advancing on Saudi-backed government strongholds of Marib and Taiz
Yemen's Houthis intensify fighting, advancing on Saudi-backed government strongholds of Marib and Taiz
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Iranians Are Running Out of Gas as Economic Squeeze Takes Hold
Iranians Are Running Out of Gas as Economic Squeeze Takes Hold
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WTI crude oil rose 2.55% today, now trading at $102.600.
WTI crude oil rose 2.55% today, now trading at $102.600.
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The U.S. State Department urges citizens to reconsider travel to the Middle East, and the Iranian Parliament Speaker reiterates that the Strait of Hormuz will remain closed.
The U.S. State Department issued a warning Saturday night, urging American citizens to reconsider travel to the Middle East, citing the potential for rapid escalation of the conflict with Iran. This f
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US Retailers Restrict Motor Oil Supply, Prices Soar Fourfold
A U.S. retailer has begun limiting sales of automotive engine oil due to supply shortages, leading to a fourfold price increase.
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Houthis attack Saudi capital and Aramco facilities, US warns of "rapid escalation" of conflict, Saudi Arabia urgently seeks aid from multiple countries.
On September 19, Yemen's Houthi rebels launched a new round of missile and drone attacks targeting "sensitive sites" in the Saudi capital Riyadh and Saudi Aramco facilities in Yanbu. U.S. embassies in
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NVIDIA VP: AI Era Reshapes Hardware Cost Reduction Logic, Chip Evaluation Shifts to "Total Tokens Throughput Per Megawatt"
NVIDIA Vice President Ian Buck stated that in the era of AI factories, the most effective way to reduce token costs is to deliver significantly improved computing performance (10 to 30 times) with eac
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NVIDIA VP: Agentic AI to Boost Computing Power Demand 100-fold, Altering Traditional Scheduling Models
NVIDIA VP Ian Buck stated that the shift from Chat mode to Agentic AI removes the human-in-the-loop buffer, allowing hashrate to operate at seamless, high-frequency full load. In AgentX benchmarks, th
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Hong Kong to expand renminbi-denominated bond, gold and commodity markets, says Financial Secretary Paul Chan
Financial Secretary Paul Chan stated on Sunday that Hong Kong would expand its renminbi-denominated bond market and develop renminbi-denominated gold and commodity markets. This initiative aims to str
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The Strait of Hormuz cargo trade has vanished, forcing businesses to find alternative routes
The Strait of Hormuz, once a transit hub for goods ranging from helium to corn, has seen its cargo trade disappear, prompting businesses to seek alternative shipping routes.
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Global oil shipping costs have surged to historic highs, with supertankers earning over $1.2 million per day. A South Korean shipping magnate is making a massive bet, investing $7 billion, and is set to profit handsomely.
The global supertanker market is experiencing unprecedented supply-demand tightness, with soaring freight rates rendering some long-haul crude oil trades economically unviable and profoundly altering
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Venezuela and TotalEnergies Sign MOU, Paving Way for French Oil Giant's Return
Venezuela and TotalEnergies SE signed a memorandum of understanding on Saturday, setting up the French company for a return to operations in the South American country.
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JPMorgan Chase analysts warn: The biggest impact of El Niño on global agriculture is expected to materialize in Q1 2027.
Tracey Allen, JPMorgan Chase's head of agricultural commodities, stated in a research report published on September 18 that the intensifying El Niño phenomenon, coupled with global diesel and fertiliz
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U.S. retail diesel prices surged to a record high of $6.45 per gallon, as Congress considers legislation to ban exports.
Global diesel supplies remain tight due to the Russia-Ukraine conflict and the situation in the Middle East. U.S. Representative Tim Burchett introduced a bill this week to ban diesel exports, and Sen
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The Saudi-led coalition announced it intercepted a ballistic missile fired by Houthi rebels towards Riyadh, while the Houthis claimed responsibility for attacking sensitive sites in Riyadh and Aramco facilities in Yanbu.
The Saudi-led coalition announced that Iranian-backed Houthi rebels launched a ballistic missile towards the Saudi capital, Riyadh, at dawn on Saturday, but it was successfully intercepted and destroy
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US Commander Says Strait of Hormuz Oil Shipments Hit Six-Month High, Citing Effective US Navy Escorts and Mine Clearance
Oil and liquefied natural gas shipments through the Strait of Hormuz reached a six-month high in the past two weeks, a U.S. regional commander said, indicating that U.S. Navy protection and mine clear
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Russia attacked two merchant ships in the Black Sea, and Poland raised its air defense alert level.
Ukraine's Air Force stated that Russia used dozens of drones and two anti-ship missiles to attack Ukraine overnight. Russia's Ministry of Defense, meanwhile, claimed that its forces used "Geran-4 Seek
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Brent crude oil surged to $132 this week after the Saudi East-West Pipeline was attacked and shut down, forcing Saudi Arabia to rely on high-cost "relay oil transportation" via the Strait of Hormuz.
A drone launched from Iraq by Iranian-backed militants recently struck Saudi Arabia's East-West oil pipeline, forcing its shutdown, the Wall Street Journal reported. The pipeline, previously a critica
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MarketWatch Analysis: Oil Prices and Energy Stocks Would Be Hit by a Sudden End to Iran War, But Company Insiders Are Still Buying
MarketWatch analysis suggests that despite a sudden end to the Iran war potentially leading to a drop in oil prices and energy stocks, company insiders are still buying these related stocks, indicatin
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World faces supertanker shortage, threatening long-haul oil flows as costs soar
The rising cost of global oil transportation is rendering some long-distance crude trades uneconomical, potentially disrupting flows at a time when fuel markets are exceptionally tight.
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Europe's winter power market is flashing its strongest warning since the energy crisis, with German wholesale electricity prices for January soaring over 60% year-on-year.
Bloomberg Markets reports that as Europe enters winter, the electricity market is flashing its strongest warning since the energy crisis. German wholesale electricity prices for January have traded ab
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Barclays: Humanoid robot computing power demand is mainly concentrated in edge AI, with limited but significant incremental growth for data centers.
Barclays Research states that the inference stage for humanoid robots needs to be completed on edge processors within the robots themselves. Data center computing power is primarily used for simulatio
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Riyadh, Saudi Arabia, issues its first air raid alert since Houthi attacks escalated in July.
Saudi civil defense authorities issued air raid alerts in the capital Riyadh and several other regions on Friday evening and Saturday morning local time, following reports of explosions in the capital
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Houthis accuse Saudi Arabia of 26 attacks in 24 hours, EU raises alert level for Red Sea naval mission.
The conflict in Yemen continues to escalate, with Houthi rebels stating that Saudi Arabia launched 26 attacks on their controlled areas in the past 24 hours, totaling 300 over the past week. Meanwhile
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Venezuela's government is sidelining a senior American oil executive from Chevron.
The veteran oil executive, previously responsible for Chevron's strategy in Venezuela amidst years of political turmoil, is currently being sidelined by the Venezuelan government.
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Japan's Sojitz plans chip material transport hub for Tata fab in India
Japanese trading house Sojitz plans to establish a specialized logistics center in India for semiconductor materials. The hub will be located near a chip fabrication plant currently under construction
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Macron to Convene G7 Meeting to Discuss Strategic Oil Reserve Release After European Diesel Retail Prices Exceed $300
French President Emmanuel Macron stated on Friday that he would convene a G7 meeting within weeks to discuss the possibility of releasing strategic petroleum product reserves. This move signals Europe
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NVIDIA CEO Jensen Huang rejected calls to slow down AI development, stating that AI should advance "as fast as possible" but emphasized that safety should not be sacrificed.
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The Senate failed to pass a cryptocurrency ethics rule because it did not cover the interests of officials' adult children.
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