The United States has approved a 30-day exemption permitting countries to acquire Russian-origin oil...
Saudi Aramco Warns Prolonged Strait of Hormuz Disruption Threatens Global Oil Supply
Saudi Aramco cautioned that extended shipping interruptions in the Strait of Hormuz could severely...
Dollar Rally and Oil Surge Pressure Gold Prices amid Intensifying Middle East Tensions
Gold prices moved lower as the US dollar gained strength and oil climbed to...
G7 Nations to Potentially Release Emergency Oil Reserve as Surging Prices Rattle Energy Markets
According to a report by the Financial Times (FT), the Group of Seven (G7)...
Vietnam Plans to Cut Fuel Import Tariffs amid Middle East Oil Disruptions
Vietnam is moving to scrap import tariffs on petroleum and related products, a measure...
Thailand’s Oil Fund Doles Out THB700 Million Daily to Shield Energy Prices from Global Turmoil
Mr. Auttapol Rerkpiboon, Minister of Energy, addressed the situation of Thailand’s Oil Fuel Fund,...