The system that converts crude into fuels is struggling after months of disruption

There is a rapidly escalating supply crunch that has yet to show up on oil markets. While the price of crude has risen in the past week as the fragile Iran war ceasefire has…

Russia warns of a potential record energy crisis due to Middle East tensions. Crude oil reaching a new all-time high by December 31 at 15% YES.

Renewed US-Iran conflict threatens global oil supply through the Strait of Hormuz, with Brent crude forecasts revised up nearly 30% and analysts warning of

As the Iran crisis enters its fifth month, traders have become increasingly convinced that Trump will do almost anything to avoid a politically damaging spike in U.S. fuel…

The renewed disruption to traffic through Hormuz has once again choked off regional exports, threatening hopes for a recovery in Asian or Middle Eastern refinery activity.

The system that converts crude into fuels is struggling after months of disruption

The recent disruption in the Middle East, including the closure and uneven reopening of the Strait of Hormuz, has exposed a shift in the global energy system’s principal…

The opening of a second front in the war in the Middle East and depleted stocks of oil and refined products around the globe have left the world vulnerable, and oil prices are…