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US energy chief says Hormuz could reopen by end of summer

- Agreement with Iran could emerge ‘in next few days,’ Chris Wright says, but warns US military could reopen Strait of Hormuz by force if Tehran continues blocking traffic

16.05.2026 Energy Diplomacy

Oil heads for strong weekly gains as Trump’s Iran remarks fuel supply fears

- Oil prices set for strong weekly gains as concerns over renewed US-Iran tensions supported fears of supply disruptions in Strait of Hormuz

15.05.2026 Oil

Norway’s oil exports hit record high in April amid Strait of Hormuz blockade

- Crude oil exports surge 86% year-on-year to record $6.5B, official data shows

15.05.2026 Oil

Brent climbs as markets monitor Hormuz tensions, possible Iran strike risks

- Markets weigh reports of possible US military options against Iran alongside ongoing geopolitical tensions in Gulf region

15.05.2026 Oil

Cuba is out of fuel oil and diesel, energy minister says amid US oil blockade

- 'We have no fuel oil, no diesel,' says Vicente de La O Levy

14.05.2026 General

China-linked vessels transit Strait of Hormuz via Iran's 'safe' corridor as Trump visits China

- At least 4 China-linked ships, including crude tanker Yuan Hua Hu, passed through strategic waterway in last 24 hours, MarineTraffic data shows

14.05.2026 General

US crude oil inventories down 0.9% in week ending May 8

- Daily crude oil production rises to around 13.71 million barrels per day

13.05.2026 Oil

OPEC crude production drops 1.7 million bpd in April

- Saudi Arabia, Kuwait, Iraq and Iran see steepest production declines

13.05.2026 Oil

Oil down on mixed US-Iran signals, ahead of Trump-Xi summit

- US President Trump's remarks that ceasefire with Iran is on 'massive life support' further reduce expectations for near-term easing of regional tensions

13.05.2026 Oil

Oil prices jump over 3% as doubts grow over US-Iran ceasefire

- Renewed concerns over geopolitical tensions in the Middle East supported oil prices amid fears of potential supply disruptions

12.05.2026 Oil

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Iran war has cost Americans more than $37.3B in fuel price increases: Study

- Majority of additional costs – $20.41 billion – have been paid for petroleum while diesel accounts for nearly $17 billion, according to Brown University's Iran War Energy Cost Tracker

12.05.2026 Oil

Aramco posts 25% rise in Q1 net income amid higher oil prices

- World's biggest crude exporter posts net income of $32.5 billion for January-March period, up from $26 billion in same quarter last year

11.05.2026 Oil

US removes Russian-linked oil tanker from sanctions blacklist

- Vietnam-flagged vessel Astra had been designated under Russia-related executive orders

09.05.2026 Oil

US oil rig count up for week ending May 8

- Number of US oil rigs fall by 57 compared to one year ago

09.05.2026 Oil

Oil gains as Hormuz incidents revive global supply concerns

- Alleged attacks involving US and Iranian forces near the Strait of Hormuz heightened concerns over potential supply disruptions

08.05.2026 Oil

Shell beats profit forecasts in 1st quarter as Iran war boosts oil prices

- British energy major posts $6.92B in adjusted earnings in Q1, above analyst expectations

07.05.2026 Oil

Oil gains as supply concerns outweigh US-Iran deal optimism

- Falling US oil and gasoline stocks offset optimism surrounding a possible agreement between Washington and Tehran

07.05.2026 Oil

US crude oil inventories down 0.5% in week ending May 1

- Daily crude oil production falls to around 13.57 million barrels per day

07.05.2026 Oil

Oil drops below $100 amid signs of US-Iran diplomatic breakthrough

- Renewed diplomatic signals from Washington and Tehran ease supply concerns, sending Brent below $100

06.05.2026 Oil

Oil slides 7% on US-Iran peace hopes as sides reportedly near draft deal

- Easing geopolitical tensions weaken supply disruption concerns as US and Iran are reportedly nearing framework memo to end war

06.05.2026 Oil

IAEA says next generation reactors shaped by 70 years of experience

Belgium moves to take over French company Engie's 7 nuclear reactors amid energy concerns

Rosatom chief says 128 Russian personnel remain at Iran’s Bushehr Nuclear Power Plant

Bushehr nuclear plant in Iran hit in 3rd attack, no damage reported

Türkiye says power system strong amid European blackout

Türkiye's daily power consumption down 1.8% on April 26

Türkiye's daily power consumption up 16.7% on May 22

Türkiye's daily power consumption increases 1.2% on May 10

Coal prices surge as Middle East tensions disrupt energy markets

Trump directs Pentagon to purchase coal-fired electricity as he seeks boon for fading industry

Climate change protestors block world’s largest coal export port in Australia

US to invest $625M to expand coal industry

Spot market natural gas prices for Tuesday, Nov. 5

Global natural gas investments to reach almost $9 trillion by 2050

Spot market natural gas prices for Thursday, Jan. 5

Turkish president announces more gas reserves found in Black Sea

Spot market natural gas prices for Thursday, Apr. 9

Spot market natural gas prices for Thursday, Feb. 12

Spot market natural gas prices for Saturday, Nov. 29

Spot market natural gas prices for Thursday, April 17

Türkiye, Algeria consider increasing LNG supply volume under new deal

QatarEnergy ships first LNG cargo from Golden Pass Project in Texas

Chevron Australia resumes full LNG production at Wheatstone gas facility

Türkiye's BOTAS launches tender for two LNG carriers

US oil rig count up for week ending Dec. 26

Türkiye to deploy AI in oil and gas exploration

Oil production in Türkiye's eastern region breaks first record in 2024

Oil up in w/e Dec. 15 on demand optimism, central bank interest rate decisions

US oil rig count falls for week ending April 17

Türkiye, Iraq begin talks on new oil transport deal

US oil rig count down by 8 for week ending May 23

US oil rig count down by 6 for week ending June 28

Oil prices seek balance amid supply risks, diplomacy outlook

Strait of Hormuz instability threatens critical raw materials supply

Iranian crude reaches India under sanctions waiver since March 20: TankerTrackers data

Brent down to $107.68 after volatile week driven by Middle East tensions

WindEurope urges focus on renewables, electrification under Türkiye's COP31 presidency

Türkiye to allocate 1,500 MW of wind capacity through YEKA tenders in 2026

Solar, wind and storage now deliver cheaper electricity than fossil fuels, says IRENA

Global wind energy installed capacity grows 165GW in 2025

Solar power plant in Spain offers safe haven for bees

Türkiye's daily solar power generation hits highest level of year

Solar, wind and storage now deliver cheaper electricity than fossil fuels, says IRENA

Solar meets 75% of global power demand growth in 2025

Spot market electricity prices for Saturday, Apr. 25

Syrian army moves towards Tishrin Dam southeast of Manbij

Hydropower gains new momentum as pumped storage accelerates globally

India launches $77 billion hydropower plan in Brahmaputra river

Highlights of Türkiye's energy market in 2024

Climate crisis to push 150M more Africans into poverty by 2050, experts warn

Taiwan starts drilling of 1st deep geothermal well

Türkiye sets new record for daily power consumption with 1.34% increase on July 9

WindEurope urges focus on renewables, electrification under Türkiye's COP31 presidency

Spot market natural gas prices for Sunday, May 3

Spot market electricity prices for Tuesday, May. 5

Asian Development Bank announces $70B plan for energy, digital infrastructure

Shell to buy Canada’s ARC Resources in $16.4B deal to boost oil, gas output

OPEC+ agrees to extend group-wide output cuts into 2025

Libya Energy & Economic Summit 2024 to kick off in Tripoli

OPEC+ countries announce daily voluntary output cuts by 2.2 million barrels

Brazil joins OPEC+ as group confirms 3.6 million barrels per day output cut

Spot market electricity prices for Sunday, Dec. 3

ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

Spot market electricity prices for Thursday, June 8

High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

Spot market natural gas prices for Friday, Dec. 1

Turkey's daily power consumption down 0.77% on Oct. 23

Russian Lukoil starts Chashkino gas-turbine power plant

Gazprom posts 26% loss in 1H20

WindEurope urges focus on renewables, electrification under Türkiye's COP31 presidency

Türkiye becomes second-largest market in wind energy installations in Europe in 2025

Trump administration to revoke landmark Obama-era climate regulations

Trump administration plans repeal of key climate finding underpinning US emissions rules

Türkiye's LPG production up 12.4% in March

Türkiye's LPG production down 4.3% in December 2024

Türkiye's LPG production down 25% in April 2024

Türkiye's LPG production up 15% in December 2023

Strait of Hormuz blockade brings energy crisis to Europe

USS Nimitz service extended amid Strait of Hormuz tensions: Report

Energy infrastructure in Ukraine hit by 1,225 attacks in 2025 as damage surpasses $20B