Energy shipments are increasingly being used as a foreign policy tool as the Trump administration attempts to hold down two blockades on opposite sides of the globe. The U.S., under the direction of President Donald Trump, has initiated a naval blockade targeting Iranian vessels in and around the strategically vital Strait of Hormuz, seeking to…
Iran on Friday declared the Strait of Hormuz completely open to commercial traffic during the ceasefire between Israel and Lebanon. “In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire,” Foreign Minister Seyed Abbas Araghchi said in a…
Wind turbines operated by Gamesa Eloica SA near Zaragoza, Spain, on Wednesday, March 25, 2026. Renewables are helping cushion the blow of higher oil and gas prices in Europe. Bloomberg | Bloomberg | Getty Images Spanish Economy Minister Carlos Cuerpo lauded the country’s energy resilience to the Iran war, saying a pivot to solar and…
A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. Alexander Manzyuk | Reuters Oil prices fell after U.S. President Donald Trump said that the war in Iran “should be ending pretty soon,” while a ceasefire between Israel and Lebanon raised hopes of easing supply disruptions. U.S. crude…
President Donald Trump speaks to the media before boarding Marine One on the South Lawn of the White House on April 16, 2026. Anna Moneymaker | Getty Images President Donald Trump on Thursday brushed aside concerns about much higher gas prices because of the Iran war, even as a new poll showed that most U.S….
Chairman of the Joint Chiefs of Staff General Dan Caine speaks during a briefing on the Iran war, with a map in the background showing a blockade line on the Strait of Hormuz, at the Pentagon in Washington, D.C., U.S., April 16, 2026. Nathan Howard | Reuters Oil tanker traffic through the Strait of Hormuz…
Stock picture of a British Airways plane taking off from London Heathrow Airport. Stefan Rousseau – Pa Images | Pa Images | Getty Images The International Energy Agency’s head warned Thursday that Europe maybe has six weeks left of jet fuel as the airline industry continues to grapple with headwinds due to the Middle East…
WASHINGTON DC, UNITED STATES – APRIL 6: The United States President Donald Trump holds a Press Conference in the James S. Brady Press Briefing Room at the White House on April 6, 2026, in Washington DC, United States. Celal Gunes | Anadolu | Getty Images U.S. President Donald Trump on Wednesday announced that talks between…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest growing large economy. Amazon and Walmart’s Flipkart dominate India’s e‑commerce market. This week, I unpack why the U.S. giants are keen to expand in the…
Conservative party leader Kemi Badenoch visits the Well-Safe Protector Oil Rig at Aberdeen’s South Harbour, on March 30, 2026 in Aberdeen, Scotland. Paul Reid | Getty Images News | Getty Images U.S. President Donald Trump has renewed his criticism of Britain’s energy policy, deriding the ruling center-left Labour government’s decision to ban licenses for new…
