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YonhapSK Innovation and S-Oil shares climbed more than 5 percent on July 13 after Russia halted diesel exports. The move followed Ukrainian attacks on Russian refineries and tightened global supplies.
variety.com@MarioNawfal reported that diesel prices in New York Harbor climbed to $140 per barrel from $85 before the war. Jeffrey Currie, director of Abaxx Commodity Exchange, linked the rise to depleted storage and halted shipments through the strait.
Washington ExaminerIran exported over 80 million barrels of crude oil and refined products in the 26 days after a U.S. blockade was lifted and before it was reimposed. The shipments were valued at more than $6 billion.
FortuneCNBC reported multiple developments including military action, a Senate nomination, budget figures, a court ruling, shipping plans and data center technology.
app.buzzsumo.comExelon CEO Calvin Butler said on July 13 that the U.S. could face widespread blackouts by 2027. He called for state approval to build new power plants as investment lags demand growth.
news.google.comAn Estonian official stated that Russian leader Vladimir Putin and his family could face personal danger as fuel shortages spread across Russia. The comments followed Ukrainian strikes on energy infrastructure that triggered rationing in more than half the country.
globalnews.caThe Alberta government, Ottawa and five major oilsands producers signed a memorandum of understanding on July 2 to advance the Pathways carbon capture and storage project. The deal is a condition for a new West Coast pipeline. Cbc reported the agreement was announced the followinβ¦
upi.comThe Treasury Department imposed sanctions on Cuba's Ministry of Tourism, GEMAR, and GECOMEX on Monday. Companies have until August 12 to end existing contracts.
theblaze.comEuropean Union member states will discuss this week how the bloc's methane-emissions rules for importers affect regional energy security. The rules target methane leaks from imported fuels.
Fatih Birol stated that Europe's 23 percent electrification rate is a major mistake holding back competitiveness. The European Commission plans measures next week to lower electricity taxes and promote heat pumps and electric vehicles.
nbcnews.comU.S. Central Command rejected reports that three American service members were killed in Iranian strikes in Kuwait. The denial followed Iranian claims of drone attacks and coincided with the closure of the Strait of Hormuz.
Los Angeles TimesInvestment by four large technology companies is expected to reach $720 billion this year, mostly for data centers. The spending has raised prices for memory chips and electricity, with some consumer electronics already costing more.
Al JazeeraAli al-Zaidi heads to the United States this week for his first foreign trip since taking office in May, with energy and trade agreements expected.
news.sky.comAverage UK petrol prices reached 151.19p per litre and diesel 164.85p per litre, up 0.05p daily over the past week. The increases follow a 3.4 percent jump in Brent crude to nearly $79 a barrel. More than 10 million motorists are expected to travel as schools break for summer.
Lazard released its Levelized Cost of Energy+ analysis on July 13, 2026. Unsubsidized utility-scale solar LCOE increased to $40-$98/MWh yet stayed below other new-build options. Combined-cycle gas plants reached a 15-year high at $48-$107/MWh.
President Trump said the United States is reinstating a naval blockade on Iranian vessels in the Strait of Hormuz and will charge 20 percent of cargo value on all transits. The announcement followed Iran's closure of the waterway after a commercial ship took an unapproved route.
theconversation.comThe Energy Institute released its 2026 Statistical Review of World Energy on July 13, 2026. Emissions rose 1.1 percent to 41.0 billion metric tons despite renewable growth.
al-monitor.comAli al-Zaidi will meet President Donald Trump during a July 13-18 trip focused on oil, gas and power investments. The agenda follows cabinet approvals for U.S. firms and a policy shift after the Iran war.
rigzone.comMasdar secured financing on July 13, 2026, for a 5.2-gigawatt solar plant paired with 19 gigawatt-hours of battery storage in Abu Dhabi. The project requires $6.1 billion in total capital and is expected online in 2027.
A draft policy would permit private companies to partner in Brazil's uranium sector. The state-owned nuclear firm must retain at least a 20 percent stake in each project. The measure appears in a document reviewed by Bloomberg.
The GuardianOil prices climbed in London trading while remaining below $80. European shares traded mixed and Asian markets fell sharply as Opec cut its 2026 demand growth forecast.
nypost.comStrikes hit air-defense systems, coastal radar, missile and drone sites, and small boats across Iran early Monday. The operation targets threats to shipping in the Strait of Hormuz.
The GuardianAbove-average temperatures and low rainfall across western and central Europe have reduced river levels and raised water temperatures. The conditions forced a temporary reactor shutdown at one French nuclear plant and increased wildfire risk in Spain.
theconversation.comNigeria produced an average of 1.56 million barrels of crude oil per day in June 2026, exceeding its OPEC quota by 4 percent. The Nigerian Upstream Petroleum Regulatory Commission reported the figure Sunday, marking the highest monthly total since April 2020.
The IndependentThe U.S. Federal Communications Commission cleared Reflect Orbital to launch one satellite that will bounce sunlight toward Earth. The test will assess uses for solar power and area lighting while larger orbital plans advance.
YonhapForeign ministers from South Korea, the United States and Japan signed a memorandum of cooperation on small modular reactors on July 7 in Ankara. The agreement creates a framework for joint advancement into the Indo-Pacific SMR market.
cicnews.comFederal ministers announced funding agreements on June 29 to extend the Canada Greener Homes Affordability Program to Quebec, British Columbia, Nova Scotia and Prince Edward Island. Manitoba launched the program in September 2025. Newfoundland and Labrador remains in negotiationsβ¦
benzinga.comEuropeβs benchmark natural gas prices opened 3% higher Monday after renewed U.S.-Iran tensions over the Strait of Hormuz prompted Qatar to suspend maritime activity. The August 2026 Dutch TTF contract rebounded above 50 euros per megawatt-hour.
ForbesThe United States announced it will proceed with legislation targeting purchasers of Russian energy exports. The measures would impose heavy tariffs on imports from countries buying Russian oil, uranium and natural gas. Russia's economy depends on fossil fuel revenues that totalβ¦
A proposed settlement filed in U.S. District Court in Kansas requires South Bow to pay a civil penalty and spend roughly $40 million on prevention measures after the largest onshore crude pipeline spill in the United States in nine years. The agreement resolves allegations that tβ¦
middleeasteye.netTanker tracking data show just four empty vessels booked for fertilizer cargoes entered the Gulf since June 30. Pre-conflict weekly loadings from the region have dropped from 20-40 ships to around five.
asiaone.comTanker traffic through the Strait of Hormuz fell sharply on Sunday with all six vessels operating without transponders. Qatar suspended all maritime activity the same day. No ships were observed transiting early Monday via AIS signals.
globalnews.caTwenty-two member states pledged 30 to 35 gigawatts of new capacity by 2028 under the bloc's first tripartite deal. The European Commission will oversee annual progress tracking through 2028 as part of the Affordable Energy Plan.
YonhapPresident Lee Jae Myung and industry leaders unveiled mega projects on June 29 targeting semiconductors, AI data centers and physical AI. The plans include a new cluster in Gwangju and existing construction in Yongin.
FortuneU.S. forces carried out five rounds of attacks in the past week, including three in the last 24 hours. Oil futures rose 3.2 percent while U.S. stock futures declined less than half a percent.
benzinga.comBrent crude gained 4.7 percent to $79.59 a barrel and U.S. crude futures rose 3.4 percent. U.S. Central Command said the Strait of Hormuz remains open to lawful traffic.
inman.comExisting-home sales declined 2.4 percent in June to a seasonally adjusted annual rate of 4.09 million units. The national median sales price rose 1.8 percent to $440,600, an all-time high.
NewsweekMcKenzie said on CBS that occupying the oil terminal would give the U.S. leverage in talks with Iran. The comments followed U.S. airstrikes on Iranian targets after an attack on a commercial ship in the Strait of Hormuz.
csmonitor.comFrance's main energy provider shut down three reactors and reduced output at eight others on July 12 to meet environmental regulations during a heatwave. The Economy Ministry granted a temporary exemption for one plant to maintain grid security.
ndtv.comThe 2026 Statistical Review of World Energy shows the United States as the top oil producer and consumer. U.S. total liquids output reached 21.1 million barrels per day while consumption hit 19.4 million barrels per day.
Iraqi Prime Minister Ali al-Zaidi will travel to Washington on Monday to sign several memorandums of understanding in the oil and gas sector. The visit follows a U.S. invitation and will also address steps to strengthen Iraq's armed forces.
rigzone.comFossil fuels supplied 86% of global energy use last year while the world consumed more energy than at any point on record. The United States remained the top natural gas producer and petroleum products exporter.
uctoday.comQatar's Ministry of Transport directed every type of vessel to stop operations until further notice. The order follows attacks on shipping in the Strait of Hormuz and recent U.S. strikes on Iranian targets.
asiaone.comOman has proposed managing traffic through a southern corridor under Omani control and a northern corridor requiring Iranian approval. The plan has not been finalized.
asiaone.comIran's Islamic Revolutionary Guard Corps navy closed the Strait of Hormuz on July 12 except for the northern Iranian route. The action followed a warning shot at a Cyprus-flagged container ship that used an unauthorized passage.
winnipegfreepress.comCbc reported that Meta Platforms will build a data centre valued at more than $13 billion northeast of Edmonton. The project includes $60 million in local infrastructure upgrades and power arrangements tied to a new natural gas plant.
middleeasteye.netIran and the United States presented opposing narratives on Saturday about traffic through the Strait of Hormuz. Both sides exchanged threats while pursuing talks through mediators. The exchanges followed the assassination of Iran's former supreme leader.
freepressjournal.inRefined fuel prices in the United States and Europe have increased even as global crude benchmarks declined. The divergence has raised costs for summer travelers and added to inflation concerns.
Cuba experienced its second nationwide blackout in five days on Friday. The outage stems from energy and economic crises worsened by a six-month U.S. fuel blockade, France 24 reported.
ndtv.comThe International Energy Agency forecasts a drop of about 1 million barrels per day amid higher prices and supply disruptions from the U.S.-Iran war. May demand fell 5.3 million barrels per day from a year earlier, led by a sharp contraction in China.
Washington ExaminerWyoming Gov. Mark Gordon said he will sue if California blocks the West Gateway Terminal in Oakland. The project received $75 million in federal funding under the Defense Production Act last month.
theiranproject.comChina directed some major refiners to keep fuel output high to protect domestic consumers amid strikes threatening Persian Gulf shipments. The move arrives during recurring regional disruptions and may offset global supply shortfalls, @business reported.
President Trump called on Iran to take responsibility for recent strikes on ships. Oman is mediating discussions with Iran to reopen a central shipping lane through the Strait of Hormuz.
asiaone.comIran struck tankers this week after the U.S. lifted its naval blockade and eased oil sanctions under a memorandum of understanding. Washington reinstated sanctions and threatened to restore the blockade, while Tehran called the move a breach of the agreement.
newslaundry.comKazakhstan will keep its petroleum export ban in place until May 22, 2027, and has added new border controls with Russia. The measures follow gasoline shortages in Russia linked to Ukrainian strikes on refineries and renewed U.S.-Iran tensions near the Strait of Hormuz.
Los Angeles TimesMajor U.S. indexes closed higher Friday. The S&P 500 posted its fourth winning week in five, while SK Hynix shares rose 13.1 percent on their Nasdaq debut.
nypost.comFuel shortages and price increases have spread across more than 50 Russian regions. Stavropol recorded gasoline at 150 rubles per liter, or about $7.50 per gallon, at independent stations.
freepressjournal.inAverage prices for Freedom Fuel increased within days of the product's debut. GasBuddy data tracked the upward movement across participating stations.
washingtonpost.comOfficials in Russia's Tomsk region directed government employees and residents to work remotely and limit travel after fuel shortages worsened. The measures follow a July 6 strike on a nearby oil refinery.
news.sky.comThe UK's grid operator said it is starting an internal probe into claims that employees hid information about recent risks to the country's power supply. @business reported the announcement. No further details on the allegations or timeline were provided.