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Traffic of oil and gas tankers through the Panama Canal has surged as global energy trade routes shift amid the ongoing conflict in the...

Energy Staff Writer -
A surge in U.S. crude oil and liquefied natural gas shipments to Asia has turned the Panama Canal into a critical energy transit route...

Oil prices ease, with WTI trading in the low $90s, while risks around the Strait of Hormuz keep markets on a hair-trigger footing.

Energy Staff Writer -
Calmer market screens are masking thin flows through the Strait of Hormuz, leaving markets primed for sudden shocks. Oil prices slipped on Thursday in Asian...

Red line: Blockade seals off Iranian ports, tightening pressure on oil giant as second round of US–Iran talks looms

Energy Staff Writer -
Over 10,000 US troops enforce Gulf ‘red line’ as Iran feels mounting economic pressure amid blockade. The blockade of Iranian ports was “fully implemented” within...

Oil prices fell, with Brent crude at $95 and WTI at $91, as optimism over a potential Middle East peace deal lifted stock markets.

Energy Staff Writer -
Oil prices dropped below $95 as traders focused on a potential reopening of the Strait of Hormuz and signs of weakening demand. Oil prices fell...

According to the IEA, global crude oil demand is projected to record its sharpest quarterly contraction since the post-Covid recovery period.

Energy Staff Writer -
Global fuel demand expected to fall as softer economy and policy shifts curb consumption, says IEA. The International Energy Agency (IEA) says global oil demand...
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