6 h. ago Iraq Power Grid Suffers Capacity Cut as Iran Gas Supply Slumps

Iraq’s electricity grid lost around 15% of its generation capacity after gas supplies from neighboring Iran were more than halved on Tuesday, highlighting the country’s vulnerability to energy shocks despite its oil wealth.

Other

6 d. ago Israel Orders Reopening of Biggest Gas Field After Ceasefire

Israel ordered the resumption of production at its biggest natural gas field following a truce with Iran, setting the stage for higher exports to Egypt.

Events

8 d. ago What is the Strait of Hormuz, and what would it mean for Iran to close it?

The narrow body of water handles a large percentage of the world's oil tanker travel, so its fortunes are closely tied to the price of gas

Other

8 d. ago Goldman Flags Scope for Higher Oil and Gas on Mideast Scenarios

Goldman Sachs Group Inc. flagged the possibility of higher oil and gas prices after the US struck Iran, even as the bank’s base-case outlook hinges on major disruptions to supplies from the region.

Other

1 week ago Oil dips as Trump signals Iran strike decision within two weeks

Brent tumbled as much as 3.5% to trade below US$77 a barrel

Other

1 week ago Shell CEO Warns of ‘Huge Impact’ If Strait of Hormuz Blocked

Shell Plc, one of the biggest traders of oil and natural gas, has contingency plans in case the conflict between Israel and Iran disrupts flows from the region, warning that a potential blockage of the Strait of Hormuz could deliver a substantial shock.

Other

1 week ago Oil price hike ‘astronomical’ if Iran’s crude hit: Rory Johnston

Watch: How political instability in the Middle East could affect oil prices

Economics

2 w. ago Iran Conflict Ensnares Energy as Israel Hits Giant Gas Field

The unfolding Middle East crisis extended to Iran’s energy infrastructure as Israel launched an attack on a giant gas field in the Persian Gulf, threatening further turmoil for markets.

Events

2 w. ago Rising oil prices on Israel attack on Iran could revive Canadian dollar’s ‘petrocurrency status,’ analysts say

Crude at US$75 a barrel is above the breakeven production point for Canadian oil producers

Economics

2 w. ago China Nudges Pig Farmers to Restrain Supply After Prices Slump

China is seeking to control hog numbers and curb pork production, in a bid to support prices of the country’s favorite meat and ease deflationary pressures in the economy.

Economics