Browsing: Energy

Brent crude rises nearly 6 percent as soaring tensions in waterway push ceasefire to the brink.Published On 5 May 20265 May 2026Oil prices have risen sharply…

Iran’s military has warned the United States Navy to stay out of the Strait of Hormuz after President Trump said the US will “help free up”…

NewsFeedSpeaking through a simultaneous translator, Japan’s Prime Minister Sanae Takaichi has told Australian reporters in Canberra that the effective closure of the Strait of Hormuz is…

Sanae Takaichi makes comments during a visit to Australia, where she signs agreements on energy supplies.Published On 4 May 20264 May 2026The global oil supply squeeze…

Brent crude is largely unmoved by Trump’s announcement of the operation, dubbed Project Freedom.Published On 4 May 20264 May 2026Oil prices are largely unmoved following United…

Spirit Airlines, a budget carrier in the United States, has begun winding down operations, cancelling all flights, after talks with the Trump administration to secure a…

Ministry of Commerce says sanctions against refineries accused of importing Iranian oil violate international law.Published On 3 May 20263 May 2026China has announced an injunction to…

Takaichi signs six agreements with Vietnam, including on technology, agriculture and space, during a trip to Hanoi.Published On 2 May 20262 May 2026Japan’s Prime Minister Sanae…

Brent crude futures hit $126.41 on Thursday – a 5 percent rise for the week.Published On 1 May 20261 May 2026Oil prices are spiking again as…

Labour Day marches are being held as Iran war and rising energy prices threaten global economy.Published On 1 May 20261 May 2026Workers are gathering in cities…