The International Energy Agency’s May report shows global oil inventories fell by 250 million barrels across March and April, with the Q2 drawdown running...
Iran has functionally closed the Strait of Hormuz during Operation Epic Fury, halting roughly 20% of the world’s oil supply and triggering an immediate...
“Project Freedom” lasted 48 hours. The U.S. military launched escort operations through the Strait of Hormuz on May 5, sank six Iranian small boats,...
Key Points and Summary – Ukrainian President Volodymyr Zelenskyy announced plans to “expand the geography” of long-range strikes, vowing Russia’s oil industry will “pay...
Key Point and Summary – Ukraine has successfully struck Russia’s Novokuibyshevsk oil refinery with drones for the second time in a month, forcing the...