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Fivefold Hormuz freight surge forces Middle East crude discounts to stay competitive

- Record shipping costs raise delivered crude prices in Asia and erode Gulf's traditional freight advantage

06.10.2026 Oil

Zelenskyy, Tusk discuss Ukraine’s energy grid preparations for winter

- Ukrainian president, Polish premier agree to meet in person ‘in the near future’

05.10.2026 General

Iran says Strait of Hormuz main focus of talks to end war with US

- 'Securing the Strait of Hormuz, or restoring security to this waterway, requires specific steps from the American side,' says foreign ministry spokesman

04.10.2026 General

China shifts from LNG buyer to global reseller, pockets $4.6B in arbitrage profits

- China is emerging as major LNG reseller as domestic demand plateaus and wave of long-term contracts comes online

28.09.2026 General

Middle East, Ukraine wars weigh on Saudi, Russian oil

- Saudi Arabia's crude supply fell to its lowest level in more than 30 years in August, while Russia's oil production hit its lowest level since 2003 as wars disrupted output and export routes

26.09.2026 Oil

China sends 5,000 solar systems to Cuba amid energy crisis

- New shipment to provide electricity to homes, public facilities in remote areas as island grapples with severe power shortages

24.09.2026 Solar

Iran says Strait of Hormuz to remain closed until US fulfills commitments

- Parliament speaker says Tehran has conveyed conditions through intermediaries, rules out reopening strategic waterway until they are met

20.09.2026 Oil

Zelenskyy warns Russia of retaliation if it targets Ukraine’s energy system this winter

- ‘If they cause blackouts for us, we will try to respond in fitting fashion,’ Ukrainian president says

12.09.2026 Energy Diplomacy

Iran's parliamentary speaker warns US energy assets in Gulf exposed to Iranian retaliation

- Qalibaf says any strike on Tehran’s energy assets would draw retaliatory action

07.09.2026 General

Iran to declare ‘restricted’ maritime zone beyond Strait of Hormuz: Top security official

- Any vessel entering new zone will be placed on sanctions list, says Mohsen Rezaei

07.09.2026 General

home > related news

IAEA resolves Syria nuclear concerns, Iran verification remains stalled

- UN nuclear watchdog says outstanding safeguards issues over Syria's past nuclear activities have been resolved, while lack of access to Iranian nuclear sites remains a proliferation concern

02.09.2026 General

Iran transfers $7.5B in oil revenues to central bank despite US naval blockade: Report

- Oil revenues in first 4 months of Iranian year reach 99% of amount projected in state budget

29.08.2026 General

Iran says it agreed with Oman on Hormuz passage route, links reopening to US commitments

- President Masoud Pezeshkian says agreed route has been communicated to supreme leader

29.08.2026 General

Trump says millions of barrels of oil flowing through Strait of Hormuz

- US president says American forces have removed 2 vessels involved in laying mines in strategic waterway

28.08.2026 Oil

Italy extends diesel tax cut as Premier Meloni faces pressure over fuel costs

- Government prolongs relief through Sept. 5 to ease the impact of higher oil prices, as living-cost concerns emerge as a key political challenge

27.08.2026 Oil

TotalEnergies exits Russia's Arctic LNG 2

- Company retains potential reimbursement of about $1.3 billion in shareholder loans

27.08.2026 Finance

Kazakhstan says its Kondensat oil refinery to process Russian oil

- Energy minister says agreement in place to export 70% of facility’s output to Russia, while 30% of in-demand petroleum products will remain in Kazakhstan

25.08.2026 Oil

Iran war could cost Italy around $13.9B in energy bill: Report

- Additional expenditure on fuel, electricity, gas over 6-month period estimated at around $13.5B compared with levels before Iran war

24.08.2026 General

Putin admits fuel market problems in Russia not yet fully resolved after Ukraine's strikes

- President says Prime Minister Mishustin dealing with aftermath of attacks on energy infrastructure

24.08.2026 Oil

Iranian Central Bank says oil exports have fallen to zero amid war, sanctions

- Funds due to be released to Iran under framework deal with US have not yet been freed, says Central Bank governor

20.08.2026 Oil

China drives record global nuclear output as generation elsewhere falls

Türkiye signs cooperation deal with Danish company to use thorium reserves in nuclear technology

Hungary's Paks Nuclear Power Plant to shut down for first time in 44 years as Danube water levels plunge

India targets 100 GW nuclear power capacity by 2047

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

US extends Michigan coal plant operation amid grid reliability concerns

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

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 Saturday, Jul. 4

Spot market natural gas prices for Friday, Jun. 12

Spot market natural gas prices for Thursday, Apr. 9

Spot market natural gas prices for Thursday, Feb. 12

Shell takes final investment decision to double LNG Canada capacity

Global LNG squeeze pushes EU to seek alternative supplies

Türkiye's LPG imports fall 4.6% year-on-year in July

Pakistan receives 1st LNG cargo from Qatar since July

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 drivers continue to face high gasoline prices

Hormuz shipping risks highlight strategic value of oil storage outside chokepoint

US oil rig count falls for week ending April 17

Türkiye, Iraq begin talks on new oil transport deal

US oil rig count up for week ending Sept. 4

Saudi Aramco and Maaden inks deal for mining in Saudi Arabia

Oil majors reap $152.8B in first-half profits as higher prices pressure Trump

US crude oil inventories down 1.5% in week ending June 19

Türkiye sets record for solar, wind power generation in August

Turbine blades find second life beyond wind, turning waste into infrastructure

Denmark eyes new cooperation with Türkiye in wind energy, efficiency and water management

WindEurope backs Türkiye's focus on electrification at COP31

Rooftop solutions seen as key to tackling urban heat

Türkiye sets record for solar, wind power generation in August

China sends 5,000 solar systems to Cuba amid energy crisis

Türkiye's 120 GW rooftop solar potential could meet 45% of electricity demand

Climate crisis, geopolitical tensions accelerate shift toward alternative fuels

Türkiye has 13 GW of investment-ready pumped-storage hydropower potential

Hydropower generation strengthens Türkiye's energy security, cuts import bill by $5B

Global hydropower capacity rises to 1,469 GW as pumped storage hits record level

US selects 21 geothermal projects for $99M in potential funding

Türkiye targets greater use of biomethane to cut emissions and reduce fuel imports

US tech companies turn to geothermal energy to power data centers

Highlights of Türkiye's energy market in 2024

Türkiye sets record for solar, wind power generation in August

Türkiye's daily power consumption down 1.5% on Oct.1

Eni completes €1.56B Plenitude restructuring and shareholding deal

Trump unveils $200B South Korean investment plan for US energy projects

Denmark eyes new cooperation with Türkiye in wind energy, efficiency and water management

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

Türkiye to invest $108B to expand power generation and grid by 2035

Türkiye targets greater use of biomethane to cut emissions and reduce fuel imports

Türkiye's solar, wind shares surge over past decade

Energy security concerns drive Europe, Asia toward renewable energy

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

Yemeni Coast Guard intercepts oil tanker after ‘unauthorized’ delivery to Houthi-held port

Libya’s unity government dismantles cell behind drone attacks on vital energy facilities

Strait of Hormuz blockade brings energy crisis to Europe