global oil supply

UAE Quits OPEC: What It Means And Its Impact On Global Oil Market And Producers?

UAE Quits OPEC: What It Means And Its Impact On Global Oil Market And Producers?

The United Arab Emirates quits the Organization of the Petroleum Exporting Countries (OPEC), giving a blow to the oil producers…

April 28, 2026

Iran Agrees to No Nuclear Weapons? Donald Trump Claims Major Nuke Deal Amid Iran War Talks, Hints at Strait of Hormuz Oil ‘Gift’

Amid intensifying efforts to end the ongoing Iran war, US President Donald Trump has claimed that Tehran has agreed to…

March 25, 2026

‘If Iran Doesn’t…’: Trump Issues Stark Warning To Iranian Power Plants Be Hit Over Strait of Hormuz Crisis, Gives Tehran 48 Hours Ultimatum

Trump's ultimatum would expand the scope of US strikes to infrastructure that affects daily civilian life in Iran.

March 22, 2026

Global Oil And Gas Network Under Fire As Iran-Israel War Targets Energy Infrastructure After South Pars Strike — What Are These Key Facilities?

Strikes on key energy sites like the South Pars gas field and Ras Laffan Industrial City mark a dangerous shift…

March 19, 2026

US Set To Release 172 Million Barrels Of Oil From Strategic Petroleum Reserve To Reduce Soaring Prices Amid Iran War

The United States announced it will release 172 million barrels of oil from its strategic petroleum reserve to curb rising…

March 12, 2026

Global Energy Crisis Looming: US-Israel War With Iran Disrupts Oil And LNG Supply From Qatar To Iraq- Here’s What We Know

US-Israeli war with Iran disrupts Middle East oil and LNG supply; Strait of Hormuz tensions trigger output cuts from Kuwait…

March 8, 2026

Geopolitical Tensions Push Crude Oil Above $56: Venezuela Blockade Sparks 1.5% Surge Amid Global Market Uncertainty

Crude oil prices surged over 1.5% after a U.S. blockade on Venezuelan tankers, amid Russia-Ukraine peace talks and weak U.S.…

December 17, 2025