Natural gas exports through the Strait of Hormuz plunged 95%, disrupting global energy and commodity trade.…
Tag: global oil market
IEA to Release 400m Barrels From Oil Reserves
IEA has announced the release of 400 million barrels of oil from emergency reserves to stabilise…
Trump’s Oil Move in Venezuela Threatens Nigeria’s US Crude Exports
Nigeria’s US crude oil exports face renewed pressure as the United States repositions its energy supply…
Nigeria Misses OPEC Oil Target for Third Consecutive Month
Nigeria has again missed its crude oil target set by the Organisation of Petroleum Exporting Countries…
Trump Halts Chevron’s Venezuela Operations Over Migrant Deal Breach
Donald Trump revoked Chevron’s key license to operate in Venezuela after accusing Caracas of failing to…