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Oil prices retreat after Trump delays Iran military strike

- US extends 30-day sanctions waiver for Russian oil purchases amid Iran conflict

10:37 Oil

Iran announces new body to manage Strait of Hormuz

-Tehran says new authority will provide operational updates and developments related to strategic waterway

18.05.2026 General

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

UAE’s West-East 1 Pipeline to double export capacity via Fujairah, bypassing Hormuz

- Project expected to become operational in 2027, boosting ADNOC’s export capacity from Gulf of Oman hub outside Strait of Hormuz

15.05.2026 Oil

India-bound LPG carriers add to rise in Hormuz transits despite restrictions

- 2 vessels cross Strait of Hormuz, bringing number of large oil, fuel, gas ships exiting since Sunday to 9

14.05.2026 Oil

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

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

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

Iran introduces new mechanism for ship transits in Strait of Hormuz

- Ships receive email instructions, permits under new framework, Press TV says

06.05.2026 General

'New equation in Strait of Hormuz is taking shape,' says Iran's parliament speaker

- 'The security of shipping, energy transit has been endangered by United States and its allies,' says Qalibaf

05.05.2026 General

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Iran says there is 'no military solution' to political crisis as it warns US, UAE over Hormuz tensions

- 'Events in Hormuz make clear that there’s no military solution to a political crisis,' Iran's foreign minister says, warning US and UAE of 'being dragged back into quagmire'

05.05.2026 General

Arab countries condemn Iranian attacks on UAE amid renewed regional tensions

- Qatar, Egypt and Jordan say attacks are ‘a serious threat to the security and stability of the region’

05.05.2026 General

EU extends 'full solidarity' to UAE after renewed Iranian attacks

- 'Security in the region has direct consequences for Europe,' EU Commission chief says

05.05.2026 General

Major fire erupts at UAE oil facility after drone strike from Iran

- Blaze erupted at Fujairah oil complex after UAV attack from Iran, 3 people injured, transferred to hospital, authorities say

05.05.2026 General

UAE says air defenses intercepted 15 missiles, 4 drones from Iran

- Defense Ministry says interceptions included ballistic, and cruise missiles

05.05.2026 General

Japan to purchase Russian crude oil amid global energy crisis

- Russian crude to not be subjected to US, European sanctions imposed after beginning of Russia-Ukraine war in 2022

04.05.2026 General

US crude oil inventories down 1.3% in week ending April 24

- Daily crude oil production rises to around 13.58 million barrels per day

30.04.2026 Oil

Oil rises 5% on blockade concerns over Iran

- Crude prices gain 5% on supply fears tied to potential maritime restrictions

29.04.2026 Oil

Egypt ends early closing hours policy imposed amid energy crisis caused by Iran war

- Government says decision canceled after nearly one month, while other energy-saving measures remain in place

27.04.2026 General

US Treasury chief predicts gas prices to drop below pre-war levels when conflict ends

- Scott Bessent defends temporary sanctions relief for adversaries as necessary to stabilize global energy markets

22.04.2026 Natural Gas

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