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IEA: The Current Oil Crisis is More Severe Than Those of 1973, 1979, and 2002 Combined
IEA cautions that the global energy disruption is unparalleled due to the
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Oil Drops to $92 Following Trump’s Announcement of Two-Week Ceasefire Deal with Iran
Oil prices have dropped significantly to $92 per barrel following Trump’s announcement
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Maersk States Ceasefire Provides Restricted Shipping Opportunities in Hormuz
Maersk indicates that a ceasefire could permit restricted transits through Hormuz, yet
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India Directs Major Airports To Reduce Landing And Parking Fees By 25% For Domestic Flights
India has reduced airport landing and parking fees by 25% for a
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TikTok is set to establish a second data centre in Finland, with an investment of €1 billion
TikTok is committing €1 billion to establish a second data center in
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ATA Cautions That Jet Fuel Supply Could Take Months To Rebound Even If Hormuz Reopens
IATA cautions that the recovery of jet fuel supply will take several
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Oil prices remain around $110 per barrel as Hormuz remains closed ahead of the Trump deadline
Oil prices remained steady at approximately $110 a barrel on Tuesday as
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Nigeria’s Dangote refinery enhances exports to alleviate Africa’s supply shortage
Nigeria’s Dangote refinery, the largest in Africa, has ramped up exports of
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Kenya’s private sector activity contracts for the first time since August 2025
Kenya’s private sector activity saw a contraction in March for the first
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Bank of Japan has voiced its worries regarding the economic pressure stemming from the Middle East crisis
The Bank of Japan has cautioned that economic growth may be hampered
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