Михаил

India will continue prioritizing the energy security of its population despite attempts by the United States to squeeze Russian oil and gas exports, many of which go to India, the country’s Foreign Ministry said today. It also warned that any move by Washington that affects energy security concerns could sour bilateral ties. “The Indian side

Demand for liquefied natural gas in Asia is set to decline this year by between 3% and 10% on higher prices, according to analysts cited by Reuters. This would be the second annual decline in Asian LNG demand, with the northeastern parts of the continent accounting for most of it, the publication reported. LNG prices

Crude oil prices, which dipped yesterday, extended their losses earlier today following reports that Saudi Arabia will be exporting more oil through Oman while the East-West pipeline is repaired. At the time of writing, Brent crude was trading at $105.89 per barrel, with West Texas Intermediate at $102.39 per barrel. Earlier in the week, Brent

Oil prices pulled back but remained elevated ahead of a critical Fed decision on Wednesday, with market expectations shifting towards a prolonged US-Iran conflict. Brent crude for November delivery fell 2.88% at 2:18 p.m. ET, to trade at $105.6 per barrel, while WTI crude for October delivery declined 3.33% to change hands at $102.3/bbl. The

The US House Rules Committee has advanced legislation imposing tougher sanctions on Russia and Iran, clearing a key procedural hurdle for a possible House vote later this week but exposing deep Democratic concerns over the measure’s expansion of presidential tariff authority. The committee voted 7-3 late on September 14 to advance a rule setting up

Germany is considering expanding a key market incentive to encourage traders to raise gas storage levels ahead of the winter, a government source told Reuters on Wednesday as German gas sites are barely half full at present. Europe’s biggest economy has the world’s fourth-largest natural gas storage capacity, but this capacity has been only 56%

U.S. Coast Guard and Federal Bureau of Investigation (FBI) agents last month boarded tankers to probe suspected cyber attacks on the vessels bound for the U.S. Gulf Coast that allegedly took place while the ships were transiting the Strait of Gibraltar between Morocco and Spain. A Coast Guard-led team that included FBI agents boarded an