Oil falls 5% to three-month low as US, Iran reach peace deal to reopen Strait of Hormuz
Oil prices slumped 5% to a three-month low on Monday amid a broad selloff after the U.S. and Iran said they agreed on terms to end their war and reopen…
Pakistan and Saudi Arabia review energy cooperation and refinery upgrade options
Talks between the petroleum minister and the Saudi envoy reaffirm support for Pakistan’s energy needs and long-term sector collaboration Pakistan and Saudi Arabia have held discussions on strengthening cooperation in…
How US-Israel attacks on Iran threaten the Strait of Hormuz, oil markets
About 20-30 percent of global oil and gas supplies are shipped through the Strait of Hormuz. The US-Israeli attacks on Iran have triggered swift retaliatory attacks from Tehran, targeting their…
How will China peak coal, oil use in its climate push
As China progresses towards its 2030 carbon-peaking target, the upcoming five years — its next national planning cycle — will be crucial. With coal and oil still at the heart…