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South Korea secures UAE oil as energy risks rise
March 23 (Asia Today) -- This commentary is the Asia Today Editor's Op-Ed. South Korea's success in securing emergency crude oil supplies from the United Arab Emirates highlights the growing urgency of energy security as conflict in the Middle East…
Trump's 'very good' talks with Iran buy him time with oil and energy markets
There have been so many abortive rounds of diplomacy between the US and Iran – the latest appearing to be led by Pakistan after Washington has burned through many other regional mediators – that it was hardly a surprise that President…
Soaring Oil and a Green Energy Boom
Never miss an episode. Follow The Big Take daily podcast today. As the war with Iran drags out and oil prices remain turbulent, it raises the question of whether — and how — prolonged conflict in the Middle East might impact global…
Trump, Iran trade threats on oil, energy targets
President Donald Trump over the weekend gave Iran until Sunday to “FULLY OPEN, WITHOUT THREAT, the Strait of Hormuz” or the U.S. would “obliterate their various POWER PLANTS, STARTING WITH THE BIGGEST ONE FIRST!” Trump…
Prosecutors Raid 4 Major Oil Refiners, Industry Association in Price-Fixing Investigation
Prosecutors raided the nation's four major oil refiners as part of an investigation into possible price collusion. Judicial sources told Yonhap News on Monday that the Seoul Central District Prosecutors' Office had begun searching SK energy, GS…
California sues Trump energy department over revival of controversial oil pipeline
California attorney general Rob Bonta said he has sued the US energy department to stop it from using a cold-war era law to restart the long-disputed Sable Offshore pipeline system linking the Santa Ynez offshore platform to California refineries.
Oil Climbs on Escalation Fears, Trump Delays Energy Strikes, More
Bloomberg News Now • Browse all episodes Listen for the latest from Bloomberg News…
Hunt for 'blood oil inside traders' who made millions from Trump energy strikes halt
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Financial authorities were under pressure to…
Stock and oil futures surged minutes before Trump's Iran post
Stock and oil futures exploded in a sudden and unexplained burst of trading just minutes before President Donald Trump revealed a market-moving update on Iran on Monday morning. At approximately 6:50am in New York, S&P 500 e-mini futures on the CME…
Oil refinery in Texas explodes into flames
A massive oil refinery in Texas burst into flames, sending smoke billowing through the air Monday night. Emergency crews rushed to the scene of the Valero refinery in Port Arthur, Texas after multiple people in the neighborhood reported hearing a…
Daily on Energy: Trump punts on military strikes, oil down, and CERAWeek
Keep reading to see how energy prices are reacting to the president's announcement. Meanwhile, the Trump administration struck a deal with TotalEnergies to halt offshore wind projects and instead pay the company nearly $1 billion to shift toward…
Oil Futures Rise on Likely Technical Recovery
0023 GMT — Oil futures rise in early trade on a likely technical recovery after WTI and Brent crude futures fell sharply overnight. Monday's move came after President Trump said in a Truth Social post that the U.S. military would postpone…
Japan Is Said to Sound Out Market on Oil Futures Intervention
Japan's Finance Ministry is said to have made inquiries with market participants on possible intervention in the crude oil futures market, in an apparent attempt to ease pressure on the commodity and currency. Authorities have contacted major banks…
Oil tankers that did not transit the Strait of Hormuz to arrive in Japan soon
Two oil tankers from the Middle East that did not pass through the Strait of Hormuz are set to arrive in Japan shortly, industry minister Ryosei Akazawa said Tuesday. The vessels departed on March 1, one day after U.S. and Israeli forces carried…
Oil rises as markets assess supply risk after Iran denies US talks
SINGAPORE: Oil prices rose on Tuesday on supply fear, as Iran denied it had talks with the United States to end the war in the Gulf, contradicting U.S. President Donald Trump who said a deal could be reached soon. Brent futures rose $2.89, or 2.9%…
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