Oil
Ukraine war briefing: Strikes on Russia’s Primorsk oil port and ships
Two people were killed and three others wounded as Russian drones struck Ukraine’s southern Odesa region overnight into Sunday, the Ukrainian emergency service reported. It said the attack damaged...
Ukraine war briefing: Russian oil hub of Tuapse hit for fourth time as environmental disaster mounts
Ukrainian drones struck Russia’s Black Sea port of Tuapse on Friday for the fourth time in 16 days as authorities struggled to cope with a growing environmental disaster from...
Germany’s climate U-turn is the worst possible response to the oil shock
The car is perhaps the closest thing Germany has to a national symbol. For this reason, the success of the auto industry and the happiness of motorists has long...
Oil price soars to highest price since 2022 as US-Iran impasse shows no sign of resolution
The price of Brent oil soared above $122 a barrel on Wednesday, its highest level since 2022, as US-Iran ceasefire negotiations stalled and the critical strait of Hormuz remained...
US gas prices hit $4.23 high as Hormuz fears drive oil surge
Average US gas prices have hit a new high at $4.23 a gallon, their highest since 2022 and a record since the start of the war with Iran, according...
Ukraine war briefing: More woe for Russian oil as Tuapse refinery hit again
A Ukrainian drone attack has caused another major fire at the Russian oil refinery in the city of Tuapse – the third attack on the Black Sea port in...
Trump administration blocks US wind energy projects in switch to oil and gas
The Trump administration blocked two permitted US wind energy projects from development this week, with an agreement to pay millions of dollars in refunds to the companies behind them...