Oil prices may soar as high as £150 per barrel amidst a conflict in the Middle East, which financial analysts describe as an escalatory doom loop likely to cause further
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Iran has escalated tensions in the Middle East by threatening to target energy sites across the region. This response follows recent demands by Donald Trump, who has given the Iranian
The recent missile strike on Shell’s Pearl gas-to-liquids facility in Qatar has intensified global energy market fears. This incident, the latest development in the ongoing Middle East conflict, was a
Bond yields have surged, oil and gas prices have rallied, and the FTSE 100 has plummeted to its lowest point since January, as reciprocal military strikes on energy interests across
Saudi Arabia has issued a warning to Iran following a series of attacks on oil and gas facilities in the Gulf region. These incidents have led to significant fluctuations in
The ongoing conflict in Iran has precipitated an oil crisis of unprecedented magnitude, surpassing even the disruption caused by the Arab oil embargo of the 1970s. This alarming assessment comes
The ongoing conflict in Iran is generating significant implications for global energy markets. With tensions escalating in the region, analysts are closely monitoring developments, particularly regarding oil prices and supply
Oil prices have surged past £90 a barrel, driven by concerns over potential disruptions to energy supplies from the Middle East. Brent crude, the global benchmark, saw an increase of
Oil prices have seen a significant increase as geopolitical tensions escalate in the Middle East. Recent military actions led by Donald Trump against Iran have caused substantial disturbances in fuel
Centrica has revealed that its profits nearly halved last year, primarily due to unseasonably warm weather which kept household heating costs down. The company, which owns British Gas, reported an
The global gas markets are currently experiencing a significant surge in activity, resulting in heightened concerns and implications for both consumers and businesses. Various factors are contributing to this volatility,
The head of one of the world’s leading energy trading firms, Gunvor, has resigned and sold his controlling shareholding to company staff, following mounting scrutiny over connections to Russia. Torbjörn
Oil prices are heading towards their lowest point in two decades aside from the pandemic downturn, according to forecasts from JP Morgan. The bank projects the price of Brent crude
BP is pursuing damages exceeding £1 billion following a significant arbitration victory against the American liquefied natural gas (LNG) producer Venture Global. The case centres on claims that Venture Global
Opec Plus has announced it will increase oil output next month as Saudi Arabia, the de facto leader of the group, seeks to bolster its market share. The decision, made
Despite the rising tensions in the region, Japan’s largest city gas supplier, Tokyo Gas, is not affected by the ongoing conflict in the Middle East. The company’s supply of super-chilled
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