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Published on 18:01 GMT

Local oil and gas expert weighs on waterway importance amid U.S. and Iranian conflict

ODESSA, Texas (KMID/KPEJ) – Iran is threatening to shut down a key trading passage in response to U.S. airstrikes on three of its nuclear facilities over the weekend. What is the Strait of Hormuz? How is this vital for trade? Known as the Strait of …

Source: KMID_KPEJ - Texas - Indeterminate
Published on 16:24 GMT

From the archive: The oil ratchet

After the outbreak of the 1973 Yom Kippur War, the Organisation of Arab Petroleum Exporting Countries instituted a total oil embargo against Israel’s Western allies. In the NS, John Maddox not only analysed the direct economic fallout but also speculated …

Source: New Statesman - Center-left
Published on 15:46 GMT

As Israel-Iran conflict roils markets, US oil supply becomes matter of ‘national security’

The conflict between Israel and Iran has put global prices on a roller coaster, but also underscored the importance of the U.S.’s evolution into a global energy powerhouse with safe and secure oil and gas supplies. Over the last several days, oil prices …

Source: The Dallas Morning News - Texas - Neutral
Published on 13:42 GMT

KPC: Kuwait crude oil drops $6.98 to $69.98 pb

KUWAIT -- Price of Kuwait crude oil fell by USD 6.98 during Tuesday's trading to reach USD 69.98 per barrel compared with USD 76.32 pb on Monday, Kuwait Petroleum Corporation (KPC) said Wednesday. Brent crude dropped by USD 4.34 to reach USD 67.14 pb …

Source: Zawya - Indeterminate
Published on 09:39 GMT

Trade and Middle East Conflicts Drive Oil Prices

OPEC+ supply hikes, trade tensions, and regional wars weigh on global oil demand but may drive Q3 prices higher. PUBLISHED : 25 Jun 2025 at 13:33 From 1 April to 18 June 2025, ICE Brent crude oil prices declined by USD 5.68 per barrel compared to the …

Source: Bangkok Post - Center-right
Published on 09:01 GMT

Israel-Iran war highlights Mideast's declining influence on oil prices: Bousso

* Israel-Iran war highlights Mideast's declining influence on oil prices: Bousso Brent oil prices rise by 15% before quickly returning to pre-conflict levels * Price reaction points to the market's growing efficiency thanks to technology * Share of …

Source: Hindustan Times - Indeterminate
Published on 10:16 GMT

SK Group seeks oil contracts in Kuwait

The South Korean company is in talks with Kuwait Petroleum Corporation about collaboration Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive Exclusive announcements …

Source: MEED - Neutral
Published on 07:11 GMT

Why oil prices have declined and what are the potential implications? | Explained

India’s oil imports from Russia declined 14.5% in February, the lowest since January 2023. | Photo Credit: Reuters The story so far: Reversing course after being on an upward trajectory for about a week, oil prices slipped as much as 9% late Monday with …

Source: The Hindu - Center-left
Published on Jun 24, 2025

Oil tumbles for a second day, loses 6% as Iran-Israel ceasefire eases supply concerns

Oil prices tumbled for a second day Tuesday as a ceasefire deal between Israel and Iran eased concerns about supply disruptions in the Middle East. U.S. crude oil settled down 6% at $64.37 a barrel, while the global benchmark Brent fell 6.1%, to $67.14. …

Source: CNBC - Neutral
Published on 03:30 GMT

Iraq Accelerates This Oil Megaproject To Meet 7 Million Bpd Production Target

Even before the latest potentially game-changing developments began involving its longtime financial, political, and military ally Iran, it was clear that Iraq needed to focus more on the independent development of its own resources -- most notably in …

Source: Oil Price - Neutral
Published on 03:19 GMT

How the attacks on Iran could affect oil prices and energy bills

The recent conflict in the Middle East has led to sharp swings in the oil price. The price of Brent crude, the global benchmark for oil, hit a five-month high of $81.40 at one point after the US bombed nuclear sites in Iran. But news of a ceasefire has …

Source: Graphic - Neutral
Published on Jun 24, 2025

Fuel Oil Spot premiums slip as supplies remain high

Spot fuel oil premiums fell in Asia on Tuesday as supplies remained plentiful, while most Middle Eastern loadings remained unaffected by regional tensions, trade sources said. High sulphur fuel oil (HSFO) traded lower in the spot market, while …

Source: Hellenic Shipping News - Neutral
Published on Jun 24, 2025

Trump says China can buy Iranian oil, signalling policy shift

President Trump’s campaign of maximum pressure on Iran took an unexpected turn on Tuesday when he announced on social media that China can now buy Iranian oil. “China can now continue to purchase Oil from Iran,” Trump wrote on Truth Social, “Hopefully, …

Source: Iran International - Indeterminate
Published on Jun 24, 2025

Oil prices shed 3% as Trump warns Israel against violating ceasefire with Iran

Brent crude prices pared gains from the previous session and fell nearly $2 on Friday after the White House delayed a decision on U.S. involvement in the Israel-Iran conflict, but they were still poised for a third straight week in the black. Ilan …

Source: CNBC - Neutral
Published on Jun 24, 2025

Oil prices shed 3% as Iran-Israel ceasefire eases concerns over supply, Strait of Hormuz closure

Brent crude prices pared gains from the previous session and fell nearly $2 on Friday after the White House delayed a decision on U.S. involvement in the Israel-Iran conflict, but they were still poised for a third straight week in the black. Ilan …

Source: CNBC - Neutral
Published on Jun 24, 2025

About One-Fifth of Global Liquefied Natural Gas Trade Flows through the Strait of Hormuz

Last Updated on: 24th June 2025, 01:59 pm Data source: U.S. Energy Information Administration, World Bank, and Global Energy Monitor, Global Gas Infrastructure Tracker. Note: LNG=liquefied natural gas, FSRU=floating storage regasification unit In 2024, …

Source: CleanTechnica - Neutral
Published on Jun 24, 2025

India increases oil imports from Russia, US: Is New Delhi reducing dependence on West Asia?

India is looking at to reduce its dependence on oil from West Asia. This comes amid the conflict between Israel and Iran. Though oil prices have dropped today amid the ceasefire kicking in, oil prices had initially spiked after Israel conducted airstrikes …

Source: Firstpost - Center-right
Published on Jun 24, 2025

How India uses underground caves to store crude oil for crisis

It is feared that Iran might attempt to disrupt the Strait of Hormuz amid the ongoing conflict with Israel and the US. This could result in supply shortages and a surge in oil prices, and impact India, the world's top crude importer, like other buyers. …

Source: India Today - Neutral
Published on Jun 24, 2025

Strait of Hormuz’s Closure Could Severely Impact Global Oil and LNG Market, Experts Warn

The escalating conflict between Israel and Iran has raised speculations of Iran blocking the Strait of Hormuz — the world’s busiest shipping route in retaliation for recent U.S bombing of its nuclear facilities at Fordo, Natanz, and Isfahan. The Strait of …

Source: Pipeline Technology Journal - Neutral

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Published on June 25, 2025 - 08:13 GMT

Cleaner Energy Systems Propel Thermal Energy Storage Market to $56.4 Billion

Growing renewable adoption and focus on sustainability are boosting demand for thermal energy storage to balance supply-demand from intermittent sources. WILMINGTON, DE, UNITED STATES, June 25, 2025 /⁨EINPresswire.com⁩/ -- According to a new …

Distribution channels: Energy Industry, Technology ...
Published on June 25, 2025 - 04:18 GMT

Fusion Energy Market to Hit $840.3 Billion by 2040, Driven by Clean Power Demand and Technological Breakthroughs

Fusion energy market set to reach $840.3 Billion by 2040, fueled by clean energy goals, R&D investments, and deuterium-based innovations. WILMINGTON, DE, UNITED STATES, June 25, 2025 /⁨EINPresswire.com⁩/ -- According to a new report by …

Distribution channels: Energy Industry, Technology ...

Published on June 25, 2025 - 13:45 GMT

Silicon Carbide Semiconductor Market Growth Fueled by EV, Energy and Industrial Innovations | DataM Intelligence

Explore how the Silicon Carbide Semiconductor Market is revolutionizing EVs, energy systems, and industrial automation with rapid growth through 2032 NEW YORK, NY, UNITED STATES, June 25, 2025 /⁨EINPresswire.com⁩/ -- Market Overview : The Silicon …

Distribution channels: Electronics Industry ...
Published on June 25, 2025 - 10:33 GMT

Solar Generator Market Set for 6.5% CAGR, Reaching $1.02 Billion by 2033

The solar generators market is growing rapidly due to rising demand for clean, portable energy solutions across residential, commercial, & outdoor applications. WILMINGTON, DE, UNITED STATES, June 25, 2025 /⁨EINPresswire.com⁩/ -- According to …

Distribution channels: Energy Industry, Technology ...

Published on June 25, 2025 - 13:28 GMT

MEA Energy Association Honors Jacob Oakland and Doug Ohman of Upper Peninsula Power Co. with Life Sustaining Award

Jacob Oakland and Doug Ohman acted quickly to aid an unresponsive driver, demonstrating courage and preparedness in a life-threatening emergency. BLOOMINGTON, MN, UNITED STATES, June 25, 2025 /⁨EINPresswire.com⁩/ -- MEA Energy Association (MEA) is …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on June 25, 2025 - 16:03 GMT

Die Bonder Equipment Market on Track for $1.86 Billion by 2032, Fueled by Electronics and Chip Assembly Growth

Die Bonder Equipment Market on Track for $1.86 Billion by 2032, Fueled by Electronics and Chip Assembly Growth NEW CASTLE, DE, UNITED STATES, June 25, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, “Die Bonder …

Distribution channels: Building & Construction Industry, Real Estate & Property Management ...
Published on June 25, 2025 - 14:41 GMT

Green Energy Shift Drives Biomass Power Generation Market to $124.5 Billion by 2033

Biomass power generation offers a sustainable energy solution by converting organic waste into electricity, reducing emissions and supporting energy security. WILMINGTON, DE, UNITED STATES, June 25, 2025 /⁨EINPresswire.com⁩/ -- According to a new …

Distribution channels: Energy Industry, Technology ...
Published on June 25, 2025 - 12:39 GMT

Global Electrical And Electronics Market To Reach $5584.89 Billion By 2029 With A Growth Rate Of 7.0%

The Business Research Company’s Electrical And Electronics Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 25, 2025 /⁨EINPresswire.com⁩/ -- The electrical and electronics market size has …

Distribution channels: Business & Economy, Electronics Industry ...

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Published on June 25, 2025 - 21:00 GMT

EGH Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Share Rights

EGH Acquisition Corp. (NASDAQ:EGHAU) ST. PETERSBURG, FL, UNITED STATES, June 25, 2025 /⁨EINPresswire.com⁩/ -- EGH Acquisition Corp. (Nasdaq: EGHAU) (the “Company”) announced today that, commencing June 30, 2025, holders of the units sold in the …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on June 25, 2025 - 20:35 GMT

This Week in Construction: Top Innovations & Industry Trends – June 25, 2025

Peer-to-peer digital content sharing for construction and building professionals SUNDRE, ALBERTA, CANADA, June 25, 2025 /⁨EINPresswire.com⁩/ -- Since its establishment in 2003, Construction Links Network has emerged as a premier news and …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on June 25, 2025 - 20:10 GMT

Rapid Transition to Hydrogen Economy Needed to Combat Climate Change Impact, says Information Trends

At least, 15 billion tons of greenhouse gas emission reductions are needed by 2030. STERLING, VA, UNITED STATES, June 25, 2025 /⁨EINPresswire.com⁩/ -- As the impact of climate change wreaks havoc with the ecosystem of the planet, the fossil fuel …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 25, 2025 - 19:09 GMT

How PEEK HPV Delivers Enhanced Equipment Performance in Oil and Gas Operations

Bearing-grade PEEK HPV from Interstate Advanced Materials delivers strength, stability, and reliability for critical oil and gas equipment components. SACRAMENTO, CA, UNITED STATES, June 25, 2025 /⁨EINPresswire.com⁩/ -- The oil and gas industry …

Distribution channels: Chemical Industry, Energy Industry ...
Published on June 25, 2025 - 19:00 GMT

EIQdigital Launches Power Rate Index: A Game-Changer in Market Intelligence for the Retail Energy Sector

Cutting-edge AI-driven platform delivers real-time competitive analysis across Texas and deregulated energy markets in the U.S. HOUSTON, TX, UNITED STATES, June 25, 2025 /⁨EINPresswire.com⁩/ -- EIQdigital, a leader in retail energy data and technology, …

Distribution channels: Energy Industry ...
Published on June 25, 2025 - 15:31 GMT

GenH2 to Spotlight Zero-Loss Liquid Hydrogen Storage at Hydrogen Technology Expo North America Conference

Company’s Innovative Technology to Be Featured at Taylor-Wharton Booth #901 June 25-26 at NRG Center in Houston, TX TITUSVILLE, FL, UNITED STATES, June 25, 2025 /⁨EINPresswire.com⁩/ --  GenH2, a leader in hydrogen infrastructure technology, is …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on June 25, 2025 - 15:00 GMT

EticaAG Launches HazGuard: A Breakthrough in Neutralizing Toxic Gases from Lithium-Ion Battery Failures

Exclusive gas neutralization system completes EticaAG’s industry-first safety architecture for fire and emissions risk in energy storage systems. PITTSBURGH, PA, UNITED STATES, June 25, 2025 /⁨EINPresswire.com⁩/ -- EticaAG, a manufacturer of non- …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on June 25, 2025 - 14:59 GMT

Dr. Kelly Senecal Receives ASME 2025 Soichiro Honda Medal

MADISON, WI, UNITED STATES, June 25, 2025 /⁨EINPresswire.com⁩/ -- Dr. Kelly Senecal, Co-Founder of Convergent Science, was recently awarded the 2025 Soichiro Honda Medal by the American Society of Mechanical Engineers (ASME). The Soichiro Honda …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on June 25, 2025 - 14:52 GMT

INFICON Showcases Industry-Leading Extrima® Ex Certified Hydrogen Leak Detector at Hydrogen Technology Expo

INFICON is showcasing its Extrima® Ex Certified Hydrogen Leak Detector at the Hydrogen Technology Expo North America, June 25-26, at Houston’s NRG Center. HOUSTON, TX, UNITED STATES, June 25, 2025 /⁨EINPresswire.com⁩/ -- INFICON, a global leader in …

Distribution channels: Automotive Industry, Energy Industry ...
Published on June 25, 2025 - 14:41 GMT

Green Energy Shift Drives Biomass Power Generation Market to $124.5 Billion by 2033

Biomass power generation offers a sustainable energy solution by converting organic waste into electricity, reducing emissions and supporting energy security. WILMINGTON, DE, UNITED STATES, June 25, 2025 /⁨EINPresswire.com⁩/ -- According to a new …

Distribution channels: Energy Industry, Technology ...
Published on June 25, 2025 - 14:41 GMT

PowerMarket Reaches 1 Gigawatt Milestone

PowerMarket celebrates 1 GW of community solar, marking 10 years of scaling clean energy, saving customers $27M, and avoiding 1.9M metric tons of CO₂. NY, UNITED STATES, June 25, 2025 /⁨EINPresswire.com⁩/ -- PowerMarket, the leading enterprise …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 25, 2025 - 13:30 GMT

Savant Labs Wins 'Overall Agentic AI Platform of the Year' in 8th Annual AI Breakthrough Awards

Prestigious International Annual Awards Program Honors Standout AI Companies & Solutions SAN MATEO, CA, UNITED STATES, June 25, 2025 /⁨EINPresswire.com⁩/ -- Savant Labs, the leader in AI-powered analytics automation, today announced that its …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on June 25, 2025 - 13:30 GMT

ZE Power Engineering Strengthens Executive Team with Key Leadership Promotions

Strategic advancements reinforce commitment to innovation, people, and growth RICHMOND, BRITISH COLUMBIA, CANADA, June 25, 2025 /⁨EINPresswire.com⁩/ -- Following the appointment of Andres Briseno as President, ZE Power Engineering is pleased to …

Distribution channels: Automotive Industry, Business & Economy ...
Published on June 25, 2025 - 13:28 GMT

MEA Energy Association Honors Jacob Oakland and Doug Ohman of Upper Peninsula Power Co. with Life Sustaining Award

Jacob Oakland and Doug Ohman acted quickly to aid an unresponsive driver, demonstrating courage and preparedness in a life-threatening emergency. BLOOMINGTON, MN, UNITED STATES, June 25, 2025 /⁨EINPresswire.com⁩/ -- MEA Energy Association (MEA) is …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on June 25, 2025 - 13:00 GMT

Industry-Leading 300 V Rad-Hard GaN FET for Higher Voltage Satellite Power Systems Now Available from EPC Space

ANDOVER, MA, UNITED STATES, June 25, 2025 /⁨EINPresswire.com⁩/ -- EPC Space, a leader in radiation-hardened (RH) gallium nitride (GaN) power devices, announces the launch of the EPC7030MSH, a radiation-hardened (RH) 300 V gallium nitride (GaN) FET …

Distribution channels: Electronics Industry, Energy Industry ...
Published on June 25, 2025 - 12:39 GMT

Global Electrical And Electronics Market To Reach $5584.89 Billion By 2029 With A Growth Rate Of 7.0%

The Business Research Company’s Electrical And Electronics Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 25, 2025 /⁨EINPresswire.com⁩/ -- The electrical and electronics market size has …

Distribution channels: Business & Economy, Electronics Industry ...
Published on June 25, 2025 - 12:19 GMT

PIN Diode Market to Witness Exponential Growth by 2032

PIN Diode Market Detailed Insights on Upcoming Trends 2024 - 2032 WILMINGTON, DE, UNITED STATES, June 25, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, "PIN Diode Market by Type (RF PIN diode, PIN photodiode, …

Distribution channels: Electronics Industry, Energy Industry ...
Published on June 25, 2025 - 12:03 GMT

G2 Recognizes Scorebuddy as Enterprise Call Center QA Leader

Scorebuddy earns top recognition in G2’s Summer 2025 Report, praised for customer satisfaction and excellence in QA performance. DUBLIN, IRELAND, June 25, 2025 /⁨EINPresswire.com⁩/ -- Scorebuddy, the leading Quality Assurance (QA) and performance …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on June 25, 2025 - 11:39 GMT

Freen lance une éolienne de 20 kW pour les exploitations agricoles et l’industrie

Freen-H20, une éolienne à axe horizontal de 20 kW conçue pour les consommateurs d'énergie de taille moyenne, est désormais disponible à la commande. KOHTLA-JäRVE, IDA-VIRUMAA, ESTONIA, June 25, 2025 /⁨EINPresswire.com⁩/ -- Freen OÜ, fabricant …

Distribution channels: Agriculture, Farming & Forestry Industry, Energy Industry ...
Published on June 25, 2025 - 11:39 GMT

Freen toob turule 20 kW tuuleturbiini taludele ja tööstusele

Freen-H20, 20 kW horisontaalteljeline tuuleturbiin, mis on ehitatud keskmise suurusega energiatarbijatele, on nüüd tellitav. KOHTLA-JäRVE, IDA-VIRUMAA, ESTONIA, June 25, 2025 /⁨EINPresswire.com⁩/ -- Freen OÜ, Euroopas asuv sertifitseeritud …

Distribution channels: Agriculture, Farming & Forestry Industry, Energy Industry ...