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Europe's jet fuel supply from the Middle East dropped significantly in April. The International Energy Agency reported the region has not fully replaced those lost volumes. The development comes amid ongoing shifts in global energy trade flows.
Substrate placeholder — needs reviewSultan Al Jaber, CEO of UAE's ADNOC, stated that the Strait of Hormuz should be opened without conditions. He noted that prolonged restrictions would increase impacts on oil prices and supply chains. The remarks address ongoing tensions affecting global energy trade.
Substrate placeholder — needs reviewA social media post by @MarioNawfal claims that tensions between the United States and Iran center on efforts to reduce the US dollar's role in global energy trade rather than nuclear issues. The post states that Iran sold 90% of its oil to China in yuan as part of a BRICS initia…