U.S. UN Representative says Iran faces oil storage capacity shortages that may force the regime to shut down oil wells.

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.

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. #Energy #LNG

The International Energy Agency reports that global LNG supplies will likely remain strained through 2027, citing infrastructure damage and supply disruptions linked to the US-Israel war on Iran. The agency projects a cumulative loss of 120 billion cubic meters of supply between 2026 and 2030.

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.