Brent crude spiked over 2.5% on Tuesday after Israel launched an airstrike on Iran’s underground uranium enrichment facility at Natanz, the International Atomic Energy Agency (IAEA) confirmed. The strike damaged critical centrifuge halls at the fortified Pilot Fuel Enrichment Plant, sharply

Oil rallied almost 3% on Tuesday morning as tensions in the Middle East continue to escalate. Will Israel Strike Iran’s Upstream Infrastructure?- As the Israel-Iran war shows no signs of abating, market participants are speculating whether Israel could target Iran’s oil export infrastructure after

PetroChina’s trading arm is looking to boost the flexibility of its LNG trading portfolio with supply from North America, a senior executive at the Chinese state-run oil and gas giant told Reuters on Tuesday. LNG supply from U.S. LNG exporters typically doesn’t have restrictions on destination,

Tesla’s enigmatic chief executive, Elon Musk, gets a lot of flak, but if there’s one area you would think he’d be untouchable, it’s innovation. Beyond falling out with the US President and colonising Mars, Elon Musk’s next favourite pastime looks set to be robotaxis, with Tesla preparing to launch

The currencies of several major Asian oil importers are ripe for depreciation with the spike in international crude oil prices, analysts at Barclays said on Tuesday.  The surge in oil prices in recent days “implies risks for most Asian FX in the near term, especially if oil prices move even higher