Middle East oil exports drop at least 60% as Hormuz stays mostly closed, data shows
Middle East oil exports have dropped 60% as Hormuz remains mostly closed, disrupting global supply and driving oil prices to four-year highs.
마크웨이너 멀린 상원의원이 트럼프 정부에 임명되면서 오클라호마 주 상원 의원석을 둘러싼 경쟁이 치열해졌다.
Energy and commodities news. Oil prices, OPEC decisions, commodity markets, gold, and the forces driving global energy trade.
Middle East oil exports have dropped 60% as Hormuz remains mostly closed, disrupting global supply and driving oil prices to four-year highs.
Rising oil prices and gas costs spark GOP anxiety as the Iran war intensifies.
Fuel crisis pushes commodity prices up in Bangladesh, straining the economy and ordinary citizens.
Iran can only win the war by forcing the U.S. to back down due to rising oil prices, according to analysis.
Market volatility eases as Iran war fears subside and oil prices fall.
Oil prices drop after Trump warns Iran over Strait of Hormuz, triggering market uncertainty.
Cebu City mandates shutdown of parked government vehicles to cut fuel and electricity costs amid rising global oil prices.
Crude oil prices soar past $118 per barrel amid Middle East tensions, sparking global market concerns.
Gold prices in Hyderabad fell on March 5, 2026, affecting both 22 and 24 carat gold rates.
Gold prices in Hyderabad fell on March 5, 2026, affecting both 22 and 24 carat gold rates.
Senator Bam Aquino has reminded the government that the Train Law automatically suspends excise taxes on oil when global prices hit $80 per barrel, as prices approach that threshold.
A drone strike forced the shutdown of Saudi Arabia's 550,000-bpd Ras Tanura refinery, a critical hub for global oil supply.
Saudi Energy Ministry confirms fire at Ras Tanura refinery under control, with no impact on oil supplies.
OPEC+ to boost oil output as Iran crisis halts Middle East shipments
Corporate power purchase agreements for clean energy fell 10% in 2025 to 55.9 gigawatts across 712 deals, marking the second-best year on record, a BloombergNEF report shows. Technology giants Meta, Amazon, Google and Microsoft drove nearly half the global volume as AI demand offset broader declines.
Rome Resources plc identified new high-priority drill targets for tin and copper at its Mont Agoma prospect in the Democratic Republic of Congo. Geological analysis by Chemostrat pinpointed undrilled zones southeast and northwest of the existing deposit.
Inox Green Energy Services will acquire Wind World India's 600 MW independent power producer portfolio and 4.5 GW operations and maintenance business after creditor approval. The deal, greenlit by Wind World's Committee of Creditors on February 19, 2026, involves a consortium led by Inox Neo Energies.
As bank earnings season begins, analysts at BMO and Scotiabank offer insights into the financial sector's performance and the outlook for copper miners.
Twenty-one families in Centreville, Virginia, remain displaced six days after a natural gas explosion destroyed a home, with crews still hunting for the leak's source. Residents like Kim Rogers and Cami Minks have taken up temporary residence at the Hyatt Place in Chantilly, footing the bill for hotel stays and restaurant meals.
Germany's three largest power producers—RWE, LEAG and EnBW—now control a bigger share of the market, according to the Bundeskartellamt. The cartel office warns this concentration heightens supply risks and boosts reliance on electricity imports.
Cenovus Energy Inc. posted a fourth-quarter profit of $934 million, a sharp rise from $146 million a year earlier. The Calgary-based company hit record upstream production of 917,900 barrels of oil equivalent per day during the period.