22 Countries Issue Joint Statement, Express Readiness to Secure Strait of Hormuz
22 nations vow to secure Strait of Hormuz, condemn attacks on shipping, and support energy market stability amid rising regional tensions.
Brent Crude Climbs Past $108 as Supply Disruption Concerns Intensify
Brent crude hit $108.80 a barrel, up 2.25%, while WTI surpassed $100, as supply concerns intensify across major Gulf shipping routes on March 23.
Gold and Silver Slide Sharply as Investors Exit Safe Havens Amid Strong Dollar Pressure
Gold and silver prices plunge as investors exit safe havens amid strong dollar and rising yields, marking a broad, sustained sell-off.
Desalination and Energy Risks Converge in MENA as Water Security Faces Growing Pressure
Qatar's LNG disruption exposes MENA's water security risks, highlighting desalination's energy ties and the need for resilient, diversified systems.
Ras Laffan Attack Disrupts 17% of Qatar LNG Output, Triggering Global Gas Market Tightness
The Ras Laffan attack cut 17% of Qatar's LNG output, exposing global supply risks and causing long-term market tightness and price volatility.
Energy Commodities Surge as Heating Oil Rallies 7.59% Amid Geopolitics
Heating oil surges 7.59%, Brent crude up 3.54%, gasoline up 5.82% as traders price in supply risks from Middle East escalation and regional energy disruptions
TSX Drops For 4th Consecutive Week on Energy Cost Pressures
S&P TSX Composite Index falls 1.7% to 31,317 marking fourth straight weekly loss amid escalating Middle East conflict and surging energy costs
Crude Oil Extends Upward Momentum to $98/Barrel on Middle East Escalation
WTI crude oil futures rise toward $98 per barrel as investors monitor escalations in the Middle Eastern conflict and supply disruptions in Iraq and Kuwait
US Markets Retreat to 6-Month Lows on Middle East Escalation
S&P 500 drops 1.5% and Nasdaq plunges 1.8% to six-month lows as Middle East conflict and energy price surge trigger broad equity selloff and policy uncertainty
Why Kharg Island is key to global oil markets in the Iran war
Kharg Island handles 90% of Iran's oil exports; any disruption risks global supply, price spikes, and wider energy market instability.
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