Brent crude futures surged more than 3% on Monday, blasting through $109 a barrel as the market priced in a prolonged ...

The U.S.-Iran war has triggered the Gulf's worst economic crisis since the pandemic, with major energy exporters facing steep contractions despite higher oil prices. The near-total closure of the ...

Futures contracts for Brent oil (the international oil benchmark) for delivery in June rose more than 3% on Monday, topping ...

Springfield’s only dedicated shelter provider to people experiencing homelessness and not necessarily victims of violence ...

Spread the loveThe ongoing tensions in the global energy landscape have reached a fever pitch as the blockade of the Strait of Hormuz disrupts energy markets worldwide. This geopolitical turmoil has ...

India can handle brief oil shocks with its strategic petroleum reserves in caverns. But India's oil reserves have remained ...

The U.S. has stepped in to shield the global economy from the oil crunch triggered by the Iran war by boosting exports, ...

TSMC announced three new advanced process technologies at its North America Technology Symposium last week A13, A12 and N2U ...

IEA-led SPR release is underway, with the U.S. already distributing ~80 million barrels—much of it going to major traders and ...

State-run Philippine National Oil Co. (PNOC) has revived plans to develop a strategic fuel reserve program to boost supply ...

The Strait of Hormuz closure is a classic black swan event, a term popularized by economist Nassim Nicholas Taleb. These ...