A U.S. military strike targeting Iranian positions on Kharg Island has intensified concerns across global energy … US Strike on Iran’s Kharg Island Sparks Oil Market ConcernsRead more
Middle East conflict
Sinopec Plans to Cut Crude Processing by Over 10% Amid Middle East Supply Crunch
China’s state-owned oil giant Sinopec is preparing to reduce crude oil processing by more than 10% … Sinopec Plans to Cut Crude Processing by Over 10% Amid Middle East Supply CrunchRead more
Oil Prices Surge Amid Iran Conflict Before Pulling Back from Multi-Year Highs
Global oil prices climbed sharply following the outbreak of conflict involving Iran, briefly reaching their highest … Oil Prices Surge Amid Iran Conflict Before Pulling Back from Multi-Year HighsRead more