International Energy Agency warns of strained global LNG supplies through 2027 due to infrastructure damage and disruptions from the US-Israel war on Iran. The agency projects a cumulative loss of 120 billion cubic meters of supply through 2030.

Investment in oil and gas production to rise as Iran war spurs energy security push: Baker Hughes CEO

Investment in oil and gas production is set to rise as disruptions from the Iran war spur a global push for energy security, according to the head of Baker Hughes.

WTI drops over $2.50 a barrel as US sends Witkoff and Kushner to Pakistan for Iran discussions. #Oil #WTI

Oil prices fell further, with WTI dropping over $2.50 a barrel after news that the U.S. will send Witkoff and Kushner to Pakistan for discussions on Iran.

ANALYSIS: Prolonged Persian Gulf closure threatens to disrupt global energy flows for months or years. The supply chain bottleneck creates long-term uncertainty for international markets.

The ongoing closure of the Persian Gulf is expected to disrupt energy supply chains for months or years.

Russia to redirect oil supplies previously intended for Germany via the Druzhba pipeline to other routes, according to Deputy Prime Minister Alexander Novak.

Russian Deputy Prime Minister Alexander Novak stated that Russia will redirect oil supplies previously intended for Germany via the Druzhba pipeline to alternative routes.