Iran War Shakes Oil Supply as Trafigura, Vitol Divert Venezuelan Crude to Asia
Iran war supply shock prompts Trafigura and Vitol to shift Venezuelan oil to Asian buyers, redirecting crude flows and adding upward pressure…
Iran war supply shock prompts Trafigura and Vitol to shift Venezuelan oil to Asian buyers, redirecting crude flows and adding upward pressure…
An oil tanker that departed a war zone with an unexploded missile on board threatens crude supply chains and elevates geopolitical risk…
India’s oil minister revealed US-requested Russian crude imports since 2022, pointing to coordinated supply stabilization efforts that reduce sanctions risk and support…
China’s pullback on Omani and UAE crude reopens a rare European import window, tightening the Asian spot market while trimming Brent premiums…
Russian oil production drops to a one-year low driven by drone attacks on energy infrastructure, tightening global supply and boosting crude prices.
Oil prices rally as a 50% surge in Hormuz oil sneakouts intensifies US-Iran tensions, threatening global supply and boosting safe-havens like gold.
Iranian oil production plunged 19% in May, OPEC data shows, raising concerns about global crude supply and potential price spikes.
Japan’s Economy Minister confirms all oil shipments will avoid the Strait of Hormuz in July, raising shipping costs and underlining Tokyo’s energy…
Brazil’s Lula and Mexico’s Sheinbaum discuss possible oil and biofuel deals, lifting hopes for Latin American energy collaboration and boosting regional currencies…
Houthi attacks on Red Sea shipping lanes unsettle oil markets, sending Brent and WTI sharply higher as shippers reroute around Africa and…
Copper prices fell to a three-week low amid heightened US-Iran tensions, with markets bracing for an inflation surge and potential demand destruction…
DBS Bank offers tokenized gold to retail investors, each token representing one gram of physical gold held in a Singapore vault, signaling…