Crude futures climb after Trump comments on Iran

OPEC+ crude output fell 190,000 bpd in May to 33.13 million bpd, led by a drop in Iran, according to the group's data.

OPEC+ crude output, including the former member UAE, averaged 33.13 million barrels per day in May 2026, down 190,000 bpd from April, led by a drop in Iran.

Cypress Creek Energy closes $3.5B financing for one of the largest US solar and battery storage projects.

Renewables developer Cypress Creek Energy closed on a $3.5 billion financing for one of the biggest solar and battery projects in the US.

U.S. becomes India's top gas supplier as Iran war disrupts Gulf shipments, reshaping energy trade flows between the two countries.

The United States has become India's top supplier of natural gas, as the conflict with Iran has cut off India's access to Gulf sources.

European and Asian buyers intensify competition for US LNG after Middle East conflict closes Strait of Hormuz. The closure tightens global supply as buyers scramble for alternative sources.

Competition between European and Asian buyers for US LNG has intensified after the Middle East conflict closed the Strait of Hormuz.