Iran’s Islamic Revolutionary Guard Corps (IRGC) is increasing its control over the country’s oil exports, according to recent reports. This development has significant implications for global oil markets and geopolitics.…
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The International Energy Agency (IEA) predicts that global coal demand will reach record highs annually until at least 2027. This projection, a revision of earlier estimates, is driven primarily by…
Brent crude oil futures, a global benchmark for oil prices, settled at $73.19 per barrel on , marking a decrease of 72 cents or 0.97% from the previous day’s close.…
A new study by S&P Global finds that the anticipated growth of U.S. liquefied natural gas (LNG) exports is poised to significantly boost the American economy. This growth is projected…
A third Russian oil tanker has encountered difficulties in the Kerch Strait, a vital waterway connecting the Black Sea and the Sea of Azov. This incident follows two previous tanker…
The European Union (EU) is prepared for the end of the current gas transit agreement with Russia, which expires on December 31, 2024. This agreement allows for the transportation of…
India’s sugar production for the current season (October to September) has reached 6.14 million tons as of December 15th. This represents a significant decrease compared to the 7.41 million tons…
U.S. crude oil futures settled at $70.71 per barrel on [Date of news release], marking a decrease of 58 cents or 0.81%. This decline comes amidst growing concerns about the…
Cocoa futures prices have surged to an all-time high in New York, driven by persistent supply concerns and adverse weather conditions in West Africa, the primary cocoa-producing region. This price…
India’s oil import bill surged to $16.1 billion in November, reflecting the nation’s dependence on energy imports and the impact of fluctuating global crude oil prices. This figure marks a…