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Iran War Is ‘Supercharging’ Clean Energy Transition, UN Climate Chief Says
May 1 2026 // The Iran war is “supercharging” the world’s shift to renewable energy, as countries scramble to reduce their exposure to volatile oil and gas markets, the U.N. climate secretary said on Thursday. The...
Iran Threatens Painful Response if US Resumes Attacks, Oil Prices Seesaw
Apr 30 2026 // Iran said on Thursday it would respond with “long and painful strikes” on U.S. positions if Washington renewed attacks and restated its claim to the Strait of Hormuz, complicating U.S. plans for a coalition to...
Oil Traders Lawyer Up as Hormuz Disruptions Trigger Billions of Dollars in Disputes
Apr 29 2026 // Some of the biggest names in oil trading are becoming embroiled in a complex web of disputes that could be worth many billions of dollars, as the industry wrangles over who should be liable for contracted shipments that...
Japan-Linked Tanker Carrying Saudi Oil Crosses Strait of Hormuz
Apr 28 2026 // Panama-flagged tanker Idemitsu Maru, carrying 2 million barrels of Saudi oil, crossed the Strait of Hormuz, LSEG shipping data showed on Tuesday, becoming the first Japan-linked crude tanker to do so since the Iran war...
A 50% Surge in Zombie Oil Wells Prompts Texas to Crack Down on Toxic Water Leaks
Apr 24 2026 // Texas is planning new rules to speed up its response to so-called zombie oil wells after the number of sites leaking toxic wastewater increased more than 50% this year. Oil companies in the largest US crude-producing state...
Oil Trader CFOs Say Hormuz Closure Driving Wave of Disputes
Apr 22 2026 // The chief financial officers of some of the world’s top commodity trading houses warned that the protracted closure of the Strait of Hormuz may lead to a wave of disputes stemming from lost supply. Several oil and...
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