The ongoing conflict in the Middle East has triggered a significant surge in global refining margins, delivering record-breaking profits to major international oil companies. For the second time within this
War
38Articles
Ukrainian drone operators have successfully destroyed numerous Russian armoured vehicles on the ground as well as military helicopters in mid-air using Shrike drones equipped with explosive payloads. These inexpensive units
The Chancellor John Healey has stated that the government is prepared to intervene if shoppers are exploited at fuel stations or supermarkets while conflict in the Middle East drives up
The International Monetary Fund has offered a cautiously reassuring verdict on an unsettled world: the global economy, bruised by renewed conflict in the Gulf and an attendant jolt to energy
For a state that has long treated energy as both its birthright and its bargaining chip, Russia’s sudden decision to choke off its own diesel exports is a revealing act
As the world grapples with the repercussions of geopolitical tensions—most notably the tumultuous situation arising from the United States’ involvement in the ongoing conflict in Iran—India finds itself at a
In a stark revelation of the impact of geopolitical turmoil on global trade, A.P. Moller-Maersk, one of the world’s foremost shipping giants, has reported that it is incurring an astonishingly
At a pivotal juncture in the ongoing geopolitical landscape, the prospect of peace in Iran is gradually becoming a palpable reality. Recent diplomatic manoeuvrings signal a potential deal between the
The Strait of Hormuz, a pivotal maritime corridor for global oil supplies, is now at the forefront of escalating tensions stemming from America’s foreign policy under the Trump administration. With
The emerging confrontation between the United States and Iran over the Strait of Hormuz represents far more than a geopolitical dispute. It signals a fundamental shift in energy market dynamics
As the conflict in Iran drags on into its ninth week, market sentiment remains volatile, with uncertainty surrounding the resolution of hostilities. Oil prices have surged above £111 a barrel,
Electric Vehicles Now Cheaper to Charge than Petrol Cars Recent market conditions have led to a significant shift in vehicle running costs. Charging an electric vehicle is now less expensive
Two prominent British retailers, Sainsbury’s and WH Smith, have issued warnings regarding the potential impact of the ongoing conflict in Iran on their profit forecasts. The ramifications of the war
Sir Tony Blair has urged Ed Miliband to promptly escalate drilling operations in the North Sea, a move he believes is essential to mitigate the mounting energy costs exacerbated by
A drone strike targeting Russia’s principal Black Sea oil export terminal at Novorossiysk resulted in fire during the early hours of Monday, marking an escalation in Ukraine’s strategic campaign against
Kazakhstan has confirmed that crude oil shipments through the Russian port of Novorossiysk continue uninterrupted following a drone attack on the facility. The nation’s Ministry of Energy issued a statement
