energy supply
38 stories related to this topic, newest first.
news.google.comSyrian Railways Runs Fuel Trains on Damaged Network to Aleppo Plant
A freight train carrying 5,000 tonnes of fuel oil left Baniyas Refinery for the Aleppo Thermal Power Plant on a February morning. The route now requires a long detour because sections of the direct coastal line were destroyed during the civil war.
U.S. and Cuba officials report differing assessments of bilateral talks
U.S. officials described ongoing discussions with Cuba as productive while Cuban officials stated that military pressure is increasing. The U.S. fuel restrictions have contributed to power outages and supply shortages on the island.
Lufthansa Sees No Jet-Fuel Supply Risk This Summer
Lufthansa stated it anticipates no shortages of jet fuel for the summer season. The airline cited supplier communications and alternative sourcing routes amid ongoing Middle East tensions.
deccanchronicle.comOil Markets React to Supply Disruptions and Inventory Changes
Global oil markets experienced price increases this week despite reports of potential U.S.-Iran negotiations. The largest U.S. inventory drawdown on record produced only a limited price response while European economic data weakened.
The Sydney Morning HeraldOil Prices Stay Above $100 per Barrel as U.S.-Iran Conflict Continues
Oil prices have stayed above $100 per barrel for the past month as the U.S.-Iran conflict continues. The International Energy Agency estimates more than 1 billion barrels of oil have been lost from the Persian Gulf so far.
activistpost.comCiti Projects Strait of Hormuz Closure Through Early 2027 in Oil Shock Scenario
Citi analysts outlined conditions under which the Strait of Hormuz would need to stay closed into early 2027 to replicate the scale of the 1970s oil shock. The projection ties the duration of any closure to the size of the supply disruption.
BBC NewsJet Fuel Prices Rise After Strait of Hormuz Closure as Industry Warns of Higher European Air Fares
Willie Walsh, head of the International Air Transport Association, told the BBC that airlines cannot absorb elevated oil costs, making higher ticket prices unavoidable. The closure of the Strait of Hormuz from the conflict in Iran has driven dramatic price increases, with effects…
indianexpress.comRussian Official Says India's Energy Supply Interests Will Not Be Affected
A Russian foreign ministry official stated that India's interests in energy supply will not be affected. The official accused the United States of seizing all energy routes. The statements were reported by @FirstSquawk on May 13, 2026.
Financial TimesIEA Reports Global Oil Inventories Declined
The International Energy Agency said oil inventories are being depleted at a record pace after supply losses linked to the Strait of Hormuz reached 12.8 million barrels per day since late February. U.S. emergency crude reserves saw the largest weekly drawdown on record last week,…
bbc.co.ukNYK Line Plans to Expand Oil Tanker Fleet
NYK Line's CEO has stated the Japanese shipping company is looking to expand its fleet of oil tankers to handle supplies from regions outside the Middle East. The comments were cited by Nikkei and reported by financial news wire @financialjuice. The move reflects efforts to diver…
EuronewsShipping Industry Faces Bunker Fuel Shortages After Strait of Hormuz Disruption
Global shipping companies are preparing for potential fuel shortages and higher costs following disruption in the Strait of Hormuz caused by the Iran war. The conflict has affected supplies of bunker fuel, which powers vessels responsible for moving about 80% of world trade by se…
rte.ieAramco Q1 Profit Rises 25%
The company reported $32.5 billion in first-quarter profit amid elevated oil prices following the closure of the Strait of Hormuz in early March. Its chief executive warned that global oil markets will take months or until 2027 to normalize even if the strait reopens immediately…
thehindubusinessline.comStrait of Hormuz Vessel Traffic Drops to 2-5 Ships Daily From 70
Saudi Aramco CEO Amin Nasser described the closure as the biggest energy supply shock ever and warned that prolonged disruption could delay market normalization until 2027. The market has already lost around 1 billion barrels, partly offset by alternative routes and reserves.
freepressjournal.inGlobal Oil Inventories Fall at Record Pace as Middle East Supply Disruptions Continue
The last tankers from the Persian Gulf have reached their destinations as strategic reserves are drawn down to offset lost Middle East supply. Global oil inventories are declining at a record pace according to media reports this week. OilPrice.com reported that the situation rema…
freepressjournal.inGlobal Oil Inventories Fall at Record Pace as Conflict Disrupts Hormuz Strait
Global oil stockpiles have fallen by 4.8 million barrels per day from March 1 to April 25 as the ongoing conflict has throttled flows through the Strait of Hormuz since late February. The drawdown has pushed visible stocks near their lowest levels since 2018, with analysts warnin…
GB NewsBritish Airways Says Airlines Will Raise Fares Due to Higher Fuel Costs From Iran Conflict
The chief executive of British Airways said all airlines will need to increase fares to offset rising jet fuel prices caused by the closure of the Strait of Hormuz during the Iran war. Jet fuel makes up a quarter of British Airways' costs. The company reported it is managing the…
asiaone.comFirst Mexican Fuel Oil Cargo in Nine Months Arrives in Singapore
A tanker carrying about 1 million barrels of Mexican high-sulfur fuel oil reached Singapore on May 8, 2026. The shipment is the first from Mexico to Asia in nine months. High Asian prices and reduced supply from the Middle East have drawn the cargo from the Americas.
azernews.azEuropean Airports Face Jet Fuel Shortage Within Three Weeks
European airports could run out of jet fuel within three weeks amid ongoing supply disruptions. Airlines and lobbyists are pressing the European Union and United Kingdom to relax baggage fee rules, passenger compensation requirements, and airport slot regulations. The European Co…
koreatimes.co.krCreditors Raise Yeochun NCC Letter of Credit Limit to $300 Million for Naphtha Imports
Creditors of Yeochun NCC, a major South Korean ethylene producer, agreed to increase the company's letter of credit ceiling to $300 million. The move aims to help secure naphtha supplies amid disruptions linked to the Iran conflict. The Financial Services Commission said the Kore…
nationalpost.com**U.S. Forces Destroy Six Iranian Boats as 1,500 Ships Remain Trapped in Gulf**
Shell CEO Wael Sawan said the global oil market faces a shortage of nearly one billion barrels due to the Iran conflict and blockade of the Strait of Hormuz. The deficit is deepening daily as lost production and locked-in barrels accumulate, with recovery expected to take months…
indiatoday.intoday.inAirline Prepares Refuelling Stops as Jet Fuel Shortages Emerge from Iran Conflict
An airline is drawing up contingency plans including refuelling stops on long-haul flights after a recent diversion caused by inability to refuel in South Africa. Jet fuel shortages have been linked to the closure of the Strait of Hormuz, more than doubling kerosene prices.
U.S. Average Gasoline Price Rises to $4.54 per Gallon
The national average price of regular gasoline increased 31 cents over the past week to $4.54, according to AAA. The climb follows Iran's effective closure of the Strait of Hormuz and the U.S. blockade of Iranian ports in April. Oil prices fell below $100 a barrel on Wednesday af…
The TimesJet Fuel Prices Double in Europe After Strait of Hormuz Closure
Shipping and airline operators reported surging expenses and flight cuts after the eight-week blockade of the Strait of Hormuz halved global jet fuel exports. European carriers face potential shortages by June, with Lufthansa projecting an extra $2 billion in costs this year. Ref…
marketwatch.comOil Prices Reach $114.28 After Iranian Drone Strikes UAE Facility
Brent crude prices rose 5.7% to $114.28 on Monday following an Iranian drone strike on an oil facility in Fujairah, UAE, and escalating conflicts in the Strait of Hormuz. U.S. stock indexes fell, with the Dow Jones down 1.1%, amid uncertainty over oil supply disruptions from Iran…
The TimesJet Fuel Prices Double Amid Iran War, Prompting Airlines to Cut Two Million Seats
The Iran war has led to the closure of the Strait of Hormuz, doubling jet fuel prices and prompting airlines to reduce schedules by two million seats for May. The UK, Europe's largest net importer with no strategic reserves, faces heightened risks of shortages and potential ratio…
New York PostOil Prices Stay High as European Stocks Open Lower
Oil prices stayed elevated near recent peaks due to escalating US-Iran tensions, with Brent crude trading around $113 per barrel after a surge. Global stock markets mostly declined amid fears of prolonged conflict disrupting supply, while economic forecasts for Ireland anticipate…
BloombergJapanese Official Assures Naphtha Supply Amid Strait of Hormuz Concerns
A Japanese official stated that domestic naphtha supply will suffice until next year despite instability concerns. Companies have raised issues related to the effective closure of the Strait of Hormuz. The assurance addresses potential supply chain disruptions.
japantimes.co.jpJapan Faces Naphtha Shortages from Strait of Hormuz Disruptions, Impacting Food Packaging Costs by 2026
Food and drink prices in Japan are poised to increase as early as summer 2026 due to disruptions in naphtha supply caused by a two-month-old war in the Middle East. Suppliers of plastic packaging are demanding higher prices, affecting small and mid-size food manufacturers. Recent…
Substrate placeholder — needs reviewU.S. Ships 910,000 Barrels of Texas Crude to Japan via Panama Canal
Japan typically imports 90% of its oil from the Middle East, but disruptions attributed to Iran prompted an alternative shipment. The U.S. sent 910,000 barrels of Texas crude by sea, routing around the Panama Canal to avoid the Strait of Hormuz. This move bypasses a key chokepoin…
Substrate placeholder — needs reviewIEA Reports Oil Supply Disruption in Middle East Amid Ongoing War
The International Energy Agency reported a supply disruption in global oil markets due to the war in the Middle East. This has led to higher prices for consumers. The agency released a report outlining 10 demand-side options to mitigate economic impacts for governments, businesse…
Substrate placeholder — needs reviewIndia Turns to Domestic Refineries Amid Cooking Gas Supply Disruptions from Iran Conflict
India's government is turning to its domestic refineries to mitigate an acute shortage of cooking gas. The shortage stems from the ongoing war in Iran. This response aims to address immediate supply disruptions.
Substrate placeholder — needs reviewGlobal Oil Inventories Near Record Lows, Strait of Hormuz Tensions Rise
Global oil inventories have dropped significantly since the start of a conflict, approaching all-time lows. Stock markets opened lower, with the S&P 500 retreating from its recent record. Tensions in the Strait of Hormuz are contributing to expectations of continued inventory dec…
Substrate placeholder — needs reviewDamaged Druzhba Pipeline Carrying Russian Oil to Eastern Europe Set for Restoration by End of April
The damaged Druzhba pipeline, which transports Russian oil to Eastern European countries, will resume operations by the end of April. This information was reported by Reuters. The restoration aims to address recent disruptions in oil supply to the region.
Substrate placeholder — needs reviewKuwait Declares Force Majeure on Oil Shipments Amid Strait of Hormuz Blockade
Kuwait has invoked force majeure on shipments of crude oil and refined products due to a blockade in the Strait of Hormuz that has hindered vessel access to the Persian Gulf. The state-run Kuwait Petroleum Corp. notified customers of the decision, which is not expected to complet…
foxtrotalpha.jalopnik.comU.S. Rail Demand for Diesel Fuel Increased in March Amid Iran Conflict
Demand for shipping diesel fuel by rail in the U.S. rose in March, reflecting changes in global trading patterns linked to the conflict in Iran. This shift has affected fuel distribution and supply chains within the country.
Substrate placeholder — needs reviewIrish Protesters Block Fuel Sites Over Price Surge Linked to Iran War
Protesters in Ireland have blocked fuel distribution sites and motorways for five days in response to rising fuel prices attributed to the US-Israeli war against Iran. Police have pushed back demonstrators at the Whitegate oil refinery, allowing limited access for fuel trucks. Th…
thehindubusinessline.comEIA Forecasts Gradual Decline in Brent-WTI Spread with Resumed Strait of Hormuz Oil Flows
The U.S. Energy Information Administration expects the Brent-WTI spread to narrow gradually as oil flows through the Strait of Hormuz resume. This projection accompanies falling oil prices. The analysis addresses global oil market dynamics and potential supply adjustments.
Substrate placeholder — needs reviewCommodity Analyst Discusses Global Oil Market Amid US President's Iran Deadline
Philip Jones-Lux, senior analyst at Sparta Commodities, addressed the global oil market in relation to President Trump's deadline on Iran. He described the potential oil supply shock as unprecedented in scale. The discussion highlights ongoing tensions affecting energy markets.