Tuesday, May 26, 2026
Hormuz shutdown sends capital flooding back into renewables- oil and gas 360

Hormuz shutdown sends capital flooding back into renewables

(Oil Price) – Concerns about energy security and the push in many countries to boost electrification to replace road transportation fuels are making clean energy investments hot again. As the Middle East crisis and the still closed Strait of Hormuz forces governments into action, renewable stocks and markets are poised for a rebound from institutional investors and hedge funds after

Brent rises nearly 2% as US military strikes Iranian boats, missile launch sites- oil and gas 360

Brent rises nearly 2% as US military strikes Iranian boats, missile launch sites

(BOE Report) – Brent crude futures rose nearly 2% in early Asian trade on Tuesday after the U.S. military carried ​out strikes in southern Iran in what it ​described as defensive actions, keeping markets on edge as a deal to end the war eludes both sides. Brent futures climbed $1.40, or 1.5%, to $97.56 a barrel as of 0006 GMT,

What needs to be agreed to end the Iran war?- oil and gas 360

What needs to be agreed to end the Iran war?

(BOE Report) – Iran’s foreign ministry spokesperson said on Monday that conclusions have been reached on many topics discussed in a potential 14-point memorandum of understanding, but this does not mean a deal to end the Middle East war is imminent. The framework is focused on an end to the war and a U.S. naval blockade in exchange for Tehran

Iran is consolidating control of Hormuz with island checkpoints, diplomatic deals – and sometimes ‘fees’- oil and gas 360

Iran is consolidating control of Hormuz with island checkpoints, diplomatic deals – and sometimes ‘fees’

(BOE Report) – The tanker crew gathered their courage and carefully navigated along a route designated by Iran, hugging the coastline and maneuvering their hulking vessel between island checkpoints through the Strait of Hormuz. The 330-metre-long Agios Fanourios I, laden with Iraqi crude oil and bound for Vietnam, had been bottled up off the coast of Dubai since late April.

Three Supertankers Carrying 6 Million Barrels Exit Strait of Hormuz- oil and gas 360

Three supertankers carrying 6 million barrels exit Strait of Hormuz

(Oil Price) – Three commercial supertankers carrying a combined 6 million barrels of Middle East crude oil have successfully exited the Strait of Hormuz, Reuters reports. The vessels departed the strategic waterway on Wednesday, after being stranded inside the Persian Gulf for over two months, lending hope to an end to the closure of the strait.   The crude cargoes were

IEA chief warns commercial oil inventories are depleting rapidly, only weeks left- oil and gas 360

IEA chief warns commercial oil inventories are depleting rapidly, only weeks left

(BOE Report) – Fatih Birol, head of the International Energy Agency, said on Monday that commercial oil inventories were depleting rapidly with only a few weeks worth left due to the Iran war and the closure of the Strait of Hormuz to shipping. Birol, who is participating in the Group of Seven finance leaders meeting in Paris, told reporters that

Energy Market Assessment: Freedom of When/What/How to work has us heading to more prosperity- oil and gas 360

Energy Market Assessment: Freedom of When/What/How to work has us heading to more prosperity

(Oil & Gas 360) – Freedom Of When/What/How To Work Has Us Heading To More Prosperity, With Profitable, Yet Affordable, Oil & Nat. Gas Prices Driving & Providing.   Decision makers able to Do have today’s current month, closing crude oil futures price down at $101.02, down $11.93 from its April 7, $112.95 high.  The Strait of Hormuz closing, with Operation Epic

IEA chief warns commercial oil inventories are depleting rapidly, only weeks left- oil and gas 360

IEA chief warns commercial oil inventories are depleting rapidly, only weeks left

(BOE Report) – Fatih Birol, head of the International Energy Agency, said on Monday that commercial oil inventories were depleting rapidly with only a few weeks worth left due to the Iran war and the closure of the Strait of Hormuz to shipping. Birol, who is participating in the Group of Seven finance leaders meeting in Paris, told reporters that

Oil prices climb more than 3% on fears of new US-Iran combat- oil and gas 360

Oil prices climb more than 3% on fears of new US-Iran combat

(Investing) – “This conflict, which should never have happened, has no reason to continue,” the ministry said. Among deals the market was looking for from the U.S.-China summit, Trump said China wants to buy oil from the United States. Trump also said he could lift sanctions on Chinese companies that buy Iranian oil. “Market focus is back on the deadlock and

ADNOC to double Hormuz-bypass export capacity with new pipeline in 2027- oil and gas 360

ADNOC to double Hormuz-bypass export capacity with new pipeline in 2027

Oil Price – The Abu Dhabi national oil company ADNOC plans to have a new pipeline operational in 2027 that would double its oil export capacity through Fujairah, which sits outside the Strait of Hormuz. ADNOC plans to build a new project, the West-East 1 Pipeline, which is expected to become operational next year and double the UAE’s energy giant’s export