Gulf Oil Is Still Flowing Despite a Surge in Attacks on Ships
Shipping operators are braving the Strait of Hormuz, but the risks are high and transportation costs have skyrocketed.
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Shipping operators are braving the Strait of Hormuz, but the risks are high and transportation costs have skyrocketed.
Bulgaria has just broken ranks amid widespread European criticism over the Trump-Putin diesel deal announced last week, with the NATO country's Prime Minister Rumen Radev stunning Brussels in fresh remarks. "You know what is our problem right now in Europe? High fuel prices," Rad
PT Pertamina Patra Niaga menghadirkan SPBU Modular dengan produk BBM Pertamax Turbo di dalam area Sirkuit Pertamina Mandalika.
A surge in Iranian drone attacks on commercial ships appears to be weighing on Middle Eastern energy exports through the Strait of Hormuz, with 24 attacks reported so far this month. The latest reports from Wednesday morning indicate that two Emirati container ships were struck a
Mainboard-listed First Resources has disputed suggestions that the fires originated from its plantations.
In a notable financial scenario, the Indian rupee appreciated by 0.1% against the dollar, securing its fourth consecutive day of gains. This uptick was attributed to decreasing oil prices alongside a boost in Indian stock performance, which went against the regional market tide.
US Treasury Secretary Scott Bessent urged the World Bank to ease restrictions on oil and gas financing, support deep-sea mining, and reform procurement policies. He also advocated nuclear energy investments and stronger IMF scrutiny of global economic imbalances, reflecting the T
Risiko Gangguan Pasokan Minyak - Harga Batu Bara Tembus USD 150 per Ton
Harga minyak jenis West Texas Intermediate (WTI) AS melemah US$1,02 dolar AS atau 1,07 persen menjadi US$94,07 dolar AS per barel.
BI mengungkap faktor eksternal yang menekan Rupiah, termasuk inflasi AS dan konflik Timur Tengah. BI akan terus intervensi untuk stabilitas nilai tukar.
Negara mendapat tambahan penerimaan dari lelang aset hulu minyak dan gas bumi (migas) milik PT Pertamina Hulu Rokan (PHR) di Minas, Kabupaten Siak, Riau.
Further disruptions to Middle East oil supplies stemming from the Iran war are feared to fuel inflation.
As global capital flows towards clean energy and artificial intelligence, Hong Kong billionaire Li Ka-shing’s business group has expanded its oil exposure in a move analysts see as a buffer against geopolitical risks and a play for steady cash flow. The first major investment mov
Kelompok Houthi mengancam serangan berkelanjutan ke bandara dan fasilitas minyak Saudi sebagai balasan atas serangan Saudi di Yaman.
Recent US-Greenland-Denmark agreement excludes mining or drilling rights while reinforcing Greenland's sovereignty.
Brent crude is once again over $106, Iran is intensifying attacks on tankers in Hormuz, and global inventories are draining, while OPEC just forecast stronger demand for next year. Six months ago, one well-timed TruthSocial post by President Trump would have calmed traders down.
The United States has used a 1950 authority to help boost fuel production at a small Texas refinery, Vice President JD Vance said on Tuesday, as the Trump Administration is running out of levers to lower record-high fuel prices. “I am pleased to announce that the Trump administra
The World Bank needs profound reforms, including reversing a ban on upstream oil and gas financing, U.S. Treasury Secretary Scott Bessent said in a statement for the World Bank Development Committee and the IMF International Monetary and Financial Committee. The World Bank has ma
Approval for more oil and gas drilling at the North Sea sites Jackdaw and Rosebank have been delayed by “government process” and lengthy bureaucratic wrangling, Prime Minister Andy Burnham has said. Burnham told MPs that he would take a “pragmatic approach” on oil and gas drillin
Iran has quite obviously been surging its attacks on commercial shipping in the Strait of Hormuz in an attempt to wreak uncertainty and economic havoc for the Trump administration ahead of the November midterm elections, undermining a recent recovery in Persian Gulf oil shipments
President Trump’s deal with Russia will probably not lower diesel prices that have soared because of his war with Iran and Ukrainian attacks on Russian refineries.
The waters outside the Strait of Hormuz have been so overcrowded with ship-to-ship transfers to keep oil flowing out of the Persian Gulf that the STS operations are expanding into India’s West Coast. A total of 82 cargoes, or about 680,000 barrels per day (bpd), were transferred
Lithium prices have slumped, following a deal between the European Union and China that will cut Chinese hybrid car exports to the bloc. Since the start of the week, China’s most actively traded lithium futures contract has dropped by 14%, Bloomberg reported earlier today. The oi
Silver prices fell sharply on October 14 as rising crude oil prices, a stronger dollar and caution ahead of US inflation data weighed on sentiment.
Crude oil prices retreated from yesterday’s highs earlier today, on the news that President Trump was considering lifting sanctions on tankers used to transport oil and fuels from Venezuela, Russia, and Iran in a bid to ease a deepening tanker crunch. At the time of writing, Bren
Russian strikes on October 13 and 14 cut power to at least 600,000 people in Ukraine, Zelenskyy said, four days after the Trump administration licensed imports of Russian diesel while pressing Ukraine to stop striking Russian refineries. Zelenskyy said Russia launched 39 ballisti
Bali Regional Secretary Dewa Made Indra announced three days of work from home (WFH), from October 15-17, 2026, to ...
Bahlil Dipanggil ke Istana, Bahas Kelangkaan BBM di Bali