Oil Shock 2026: How the Strait of Hormuz Crisis is Driving Brent Crude to $87
Brent crude forecasts jump to $87 as the Strait of Hormuz faces severe disruptions following military strikes and tightened Iranian control.
Energy Security
Tensions Surge in Middle East: Kuwait Airport Hit Amid US-Iran Confrontation
Middle East instability peaks as Kuwait’s airport is hit, the US targets an Iranian-bound tanker, and the OECD warns of a looming global recession.
Energy Pivot: St. Petersburg Forum Highlights Russia’s Strategic Shift Eastward
Starting today, the St. Petersburg Economic Forum highlights Russia’s strategic energy pivot toward the Chinese mainland and the Global South amid shifting global dynamics.
Russia’s Energy Pivot: St. Petersburg Forum Highlights Shift Toward Global South and China
As the St. Petersburg Economic Forum begins today, Russia signals a strategic energy shift toward the Chinese mainland and the Global South amid evolving geopolitical tensions.
Monitoring Global Energy Veins: The Role of the Strait of Hormuz Ship Tracker
Explore the significance of real-time maritime tracking in the Strait of Hormuz and its vital role in monitoring global energy security and trade.
Monitoring the Arteries of Energy: The Role of Live Ship Tracking in the Strait of Hormuz
Explore the critical importance of live ship tracking in the Strait of Hormuz and its impact on global energy security and Asian markets in 2026.
West Asia on Edge: US-Iran Tensions Rise Amid Israel-Lebanon Escalation
US and Iran trade warnings of renewed war over nuclear red lines, while Israel expands military operations in southern Lebanon, raising global energy security concerns.
California Braces for Gas Price Surge Following Final Middle East Oil Shipment
California anticipates gas price hikes as the final Middle Eastern oil shipment arrives and tensions involving Iran disrupt global energy supply chains.
President Xi Urges Immediate End to Middle East Hostilities for Global Stability
President Xi Jinping calls for an immediate cessation of hostilities in the Middle East during talks with President Putin to ensure global energy and supply chain stability.
Is the Chinese Yuan Emerging as a Situational Safe-Haven Currency?
A CF40 study suggests that oil import dependency, rather than traditional status, is driving currency performance during the current Strait of Hormuz disruptions.
US Extends Russian Oil Sanctions Waiver to Stabilize Global Energy Markets
US Treasury Secretary Scott Bessent announces a 30-day license for stranded Russian oil to stabilize markets amid surging energy prices linked to the Iran war.
Powering the Future: China and Russia Deepen Strategic Energy Cooperation
China and Russia are deepening their energy partnership through expanded oil, gas, and LNG projects, while pioneering new clean-energy hydrogen corridors.
China and Russia Strengthen Strategic Energy Partnership via Clean-Energy Corridors
China and Russia are deepening their energy ties, combining stable fossil-fuel supply chains with new clean-energy initiatives to ensure regional energy security.
Ukrainian Drone Strikes Hit Moscow Region, Targeting Oil Refinery
Three people were killed and several injured following a massive long-range Ukrainian drone attack on the Moscow region, including a strike on a major oil refinery.
China Unlocks First Ultra-Deep Shale Gas Field in Sichuan Province
China has confirmed its first ultra-deep shale gas field in Sichuan, boasting over 235 billion cubic meters of reserves and marking a milestone in energy exploration.
China Holds Upper Hand in High-Stakes Talks with US President Trump
Former US diplomat David Satterfield suggests China holds the upper hand in current talks with President Donald Trump, citing global market dominance and energy interests.
Slovak PM Robert Fico Criticizes EU Plan to Phase Out Russian Gas
Slovak PM Robert Fico warns that phasing out Russian gas could result in higher costs and increased profit margins for American suppliers.
First Qatari LNG Tanker Crosses Strait of Hormuz Since February Strikes
A Qatari LNG tanker has successfully navigated the Strait of Hormuz for the first time since February, signaling a potential shift in regional tensions.
ASEAN Forges Resilience Amid Global Energy Shock and Economic Headwinds
Following the 48th ASEAN Summit, regional leaders are coordinating efforts to combat energy shortages and food insecurity driven by geopolitical crises in the Middle East.
Middle East Turmoil Tests ASEAN’s Energy Transition Momentum
Brent crude prices nearing $120 per barrel are forcing ASEAN leaders into emergency coordination, testing the region’s energy transition momentum amidst Middle East volatility.