Shipping lanes in the Middle East have turned into a theater of war, pushing international oil benchmarks back into triple digits this Thursday. Iranian forces have reportedly struck multiple merchant …
Hopes for a reprieve from high borrowing costs have been dampened by the economic fallout from the escalating US-Israel-Iran conflict. The OBR has cautioned that the resulting energy price shock …
The Mississippi Department of Environmental Quality has authorized the use of 41 methane gas turbines at xAI’s newest datacenter. This permit allows the Elon Musk-led company to operate a makeshift …
SpaceX is currently weighing a historic public debut on the Nasdaq exchange that could redefine the scale of the IPO market. Insider reports suggest the aerospace firm is eyeing a …
In a bold move for the energy industry, President Donald Trump has announced a $300 billion agreement to construct a new oil refinery in Texas. Located at the Port of …
The effective closure of the Strait of Hormuz has created a massive 20-million-barrel daily deficit in the global oil market, pushing prices into a period of extreme volatility. On Monday, …
Major U.S. banks are weighing a rare legal strike against the Office of the Comptroller of the Currency over its pro-crypto stance. Representing forty of the nation’s largest lenders, the …
A new report from the Labour Rural Research Group has sounded the alarm on a brewing energy crisis for the 1.5 million UK homes reliant on heating oil. As war …
Global oil prices have entered a period of extreme fluctuation as traders attempt to parse the latest updates from the Trump administration regarding the war in Iran. While prices initially …
Markets witnessed an extraordinary reversal in precious metals as gold crashed 8% to $4,465 an ounce on Monday, while silver plunged 7% following Friday’s already devastating 30% collapse. The sudden …
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