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A service for energy industry professionals · Tuesday, May 12, 2026 · 912,165,066 Articles · 3+ Million Readers
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  • Published on May 11, 2026

    Oil giant Saudi Aramco profits jump 25% as Iran war drives prices higher

    By&nbspDoloresz Katanich&nbspwith&nbspAP Published on 11/05/2026 - 10:58 GMT+2 Saudi Aramco, the world's largest oil exporter, reported a 25% rise in first-quarter profit on Sunday, posting net income of $32.5bn (€27.6bn) for the …

    Source: Euronews - Neutral
  • Published on May 11, 2026

    No Deal: Trump Finally Tapped Out After Dealing With the Iranian Regime

    It's no longer a question of whether Donald Trump will resume kinetic action against the remnants of the IRGC holding onto power in Iran by their fingernails. By mid-afternoon on Sunday, Washington time, the question of it moved into the realm of when …

    Source: Hot Air - Right-wing
  • Published on May 11, 2026

    Crude oil futures surge over 4% as Trump rejects Iran’s response

    At 9.20 am on Monday, July Brent oil futures were at $105.44, up by 4.10 per cent, and June crude oil futures on WTI (West Texas Intermediate) were at $99.73 | Photo Credit: Eli Hartman Crude oil futures jumped more than 4 per cent after US President …

    Source: The Hindu Business Line - Neutral
  • Published on May 11, 2026

    Iran makes new offer on uranium in response to US, report says

    NEW YORK – Iran offered to transfer some of its stockpile of highly enriched uranium to a third country in its response to the latest US proposal to end 10 weeks of war, but rejected the idea of dismantling its nuclear facilities, the Wall Street Journal …

    Source: The Straits Times - Pro-Government
  • Published on May 11, 2026

    Strait of Hormuz Closure Pushes Crude Prices Higher

    June WTI crude oil (CLM26) on Monday closed up +2.65 (+2.78%), and June RBOB gasoline (RBM26) closed up +0.0731 (+2.07%).  Crude oil and gasoline prices settled sharply higher on Monday after President Trump rejected Iran's response to his latest peace …

    Source: Nasdaq - Neutral
  • Published on 00:58 GMT

    Why June Is the Oil Market’s Point of No Return

    OPINION -- Two months into the U.S.-Iran war, the global oil market has shifted from shock to siege. The Strait of Hormuz — through which roughly 20 percent of the world’s seaborne oil trade normally flows — remains effectively shut. And while Brent crude …

    Source: The Cipher Brief - Neutral
  • Published on May 11, 2026

    China’s Malacca Dilemma, After Hormuz

    When the United States and Israel struck Iran in February, Tehran did what it had long threatened to do: shut the Strait of Hormuz, the narrow stretch of water that normally carries a fifth of the world’s oil and natural gas. Missiles flew. Mines dropped …

    Source: Foreign Policy - Neutral
  • Published on 01:52 GMT

    Who holds the cards when Trump meets Xi in Beijing?

    Amid a volatile ceasefire in West Asia and with no agreement with Iran in sight, US President Donald Trump will head to Beijing this week for a state visit at the invitation of his Chinese counterpart, Xi Jinping, from May 13 to 15. A meeting that always …

    Source: India Today - Neutral
  • Published on 02:22 GMT

    The Hormuz Crisis and China’s Energy Security Dilemma

    Despite sustained efforts to prioritize energy security across successive policy cycles, China remains exposed to external supply chains it does not control. The core problem is not simply import dependence, but reliance on maritime transit routes – …

    Source: The Diplomat - Neutral
  • Published on May 11, 2026

    Security-of-Supply Pushes Fossil Fuel Investment Rethink

      Geopolitics and Energy Security Collide A truly messy set of circumstances has been buffeting the U.S. and Canadian economies. The military action launched by the U.S. and Israel against Iran has led to a stalemate in which energy shipments by tankers …

    Source: ConstructConnect - Pending
  • Published on May 11, 2026

    THE HORMUZ GAMBIT: HOW WASHINGTON MANUFACTURED A CRISIS IT COULD NOT CONTROL

    On April 28, 2026, the United Arab Emirates quietly detonated one of the last credible institutions of collective Arab economic power. Its withdrawal from OPEC — framed in the careful, bloodless language of a corporate press release as a matter of “ …

    Source: Al Manar - Indeterminate
  • Published on May 11, 2026

    Aramco shifts exports as Hormuz turmoil boosts earnings

    DHAHRAN, Saudi Arabia: Saudi Aramco reported a 25 percent increase in first-quarter profit after higher oil prices and export shifts helped the company navigate disruptions in the Strait of Hormuz caused by the war in Iran. The state-owned oil giant said …

    Source: Oklahoma City Sun - Pending
  • Published on 00:22 GMT

    Saudi Aramco chief warns oil market disruption may last until 2027

    Saudi Aramco and Shell say around one billion barrels of oil supply have been lost. Shipping through the Strait of Hormuz has plunged since the Iran war began. Analysts warn prolonged disruption could trigger wider fuel shortages globally. The global oil …

    Source: EasternEye - Pending
  • Published on 02:14 GMT

    An Armed Robbery of the World’s Energy Supply

    In just 90 days, the U.S. has executed an energy blitzkrieg decades in the making: Hundreds of strikes on Russian tankers and refineries Disrupting a third of China’s oil and LNG supply Capturing the largest oil reserves on the planet Establishing a global …

    Source: Consortium News - Left-wing
  • Published on 02:14 GMT

    April 2026 — Monthly analysis of Russian fossil fuel exports and sanctions

    Key findings • In April 2026, Russia’s fossil fuel export revenues rose 4% month-on-month, climbing to EUR 733 mn per day — the highest revenues in two and a half years. Revenue growth occurred despite a 7% drop in export volumes. • Russian crude oil …

    Source: Hellenic Shipping News - Neutral
  • Published on 01:37 GMT

    Suncor, Enbridge, or Canadian Natural: Here’s Which Oil Stock Makes Sense for Your Portfolio

    Canadian energy stocks have surged in 2026 as higher oil prices boosted profits across the sector. The conflict between the U.S. and Iran and disruptions tied to the Strait of Hormuz pushed West Texas Intermediate crude from roughly US$57 per barrel at …

    Source: The Motley Fool Canada - Neutral
  • Published on May 11, 2026

    Majority of Canadians say energy policy should focus on economic growth: poll

    More Canadians now say economic growth should be a bigger priority in Canada’s energy policy than protecting the environment, a new Angus Reid Institute report suggests. The pollster released a report Monday indicating 61 per cent of Canadians now see …

    Source: Global News - Neutral
  • Published on May 10, 2026

    Iran Makes New Offer on Uranium in Response to US, WSJ Says

    (Bloomberg) -- Iran offered to transfer some of its stockpile of highly enriched uranium to a third country in its response to the latest US proposal to end 10 weeks of war, but rejected the idea of dismantling its nuclear facilities, the Wall Street …

    Source: Yahoo Finance - Center-left
  • Published on May 11, 2026

    Conflict triggers oil price shock with regional supplies remain impaired

    KUWAIT: The US and Iran are in a fragile ceasefire that has seen oil prices retreat to around $100/bbl having peaked at a four-year intraday high of $126/bbl in late April. Still, the conflict and Iran’s closure of the Strait of Hormuz has upended …

    Source: Kuwait Times - Pro-Government

06 days 22:02:26

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