Energy

Kuwait is targeting oil production of 2 million barrels per day as the Strait of Hormuz reopens, signaling a rapid supply increase in a...

With “force majeure” lifted, Kuwait is preparing a phased resumption of oil supplies. Kuwait is preparing a sharp increase in oil production, with plans to...

Sweden has selected Rolls-Royce small modular reactors for its first new nuclear power plants in more than 40 years.

The move expands Europe’s small modular reactor (SMR) race, with a UK-designed system securing a major deal. Sweden has chosen Rolls-Royce SMR to supply three...

Saudi mega tankers resurface after months of silence, with mysterious “dark ship” movements through the Strait of Hormuz bringing 6 million barrels into plain...

After months of remaining “dark,” three Saudi supertankers have reappeared carrying a massive crude oil shipment. Three Saudi-flagged very large crude carriers (VLCCs)—Jaham, Shaden, and...

After 111 days of conflict, Iran eyes oil export boom as sanctions rollback unlocks economic gains

Peace deal could unlock billions in frozen assets and fuel Iran’s post-war oil resurgence. During 111 days of conflict, the US military largely avoided targeting...

Oil sell-off accelerates as traders anticipate the return of Middle East supply to the market.

Crude benchmarks fall as traders bet on a US–Iran truce and the return of Gulf oil supplies to global markets. Global crude oil markets extended...

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