Washington and Tehran dig in as mediation efforts fail and the Hormuz crisis deepens
Energy
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Energy markets brace for prolonged conflict as Hormuz disruptions threaten global supply
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Record emergency oil release fails to calm markets as crude nears $100
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Historic emergency move aims to stabilize energy markets as the Strait of Hormuz crisis threatens global supply
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Energy shock from the Iran conflict pushes New Delhi back toward discounted Russian crude
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Air raids, regime-change rhetoric and oil chokepoints rattle markets from Gulf hubs to Wall Street
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Energy shock, industrial flight, and $240B in losses reshape Europe’s largest economy
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Record-low reserves and surging prices test the EU’s energy independence strategy
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BUSINESSFutures & Commodities
US Sells $500M of Venezuelan Oil — Signaling a Major Shift in Global Energy Power Dynamics
by Dean Dougnby Dean DougnFirst tranche of crude sold under Washington’s control as markets, capitals and oil giants recalibrate after Venezuela upheaval
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100MW project signals energy independence push and a new frontier for clean power in Central Asia