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Fuel Tax Changes Hit Six States As Energy Inflation Accelerates

Oil markets extended their decline on Friday, with crude prices falling sharply after U.S. President Donald Trump said a peace agreement with Iran was close and canceled previously threatened military strikes. Brent crude slipped below $90 per barrel, trading around $88–$89, while WTI fell to... Далее

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The Promise and Peril of Jamaica’s Offshore Oil Ambitions

Jamaica may be following in the footsteps of its Caribbean neighbours, such as Guyana, as it plans to drill for oil, despite being highly vulnerable to climate change. In recent years, Caribbean oil exploration has boomed, following successful drilling in Guyana and Suriname. But, at a time when... Далее

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Russia, China, and Iran Are Joining Forces Against Western Pressure

Russia, China, and Iran are increasingly creating a strategic alliance of convenience that US policymakers must confront as it seeks to disrupt global order, according to a group of US experts and former officials. Speaking on June 10 at the "America's Adversaries: The Russia Reality" national... Далее

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Rising Energy Bills Are Fueling a Global Home Battery Boom

Consumers are battling higher energy bills worldwide due to rising inflation and greater price volatility of oil and gas, driven by significant restrictions on energy trade through the Strait of Hormuz in recent months. This has prompted a surge in interest in household solar systems, as consumers... Далее

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The Oil Market Could Be Weeks From a Breaking Point

Three and a half months after the blocked Strait of Hormuz created the worst oil supply disruption in history, oil prices remain below $100 per barrel amid hopes of an imminent U.S.-Iran deal. It’s not only hopes that have been keeping prices much lower than a sudden disappearance of 13 million... Далее