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

IEA: Iran war impact on energy markets to extend beyond 2026. The agency's new report projects prolonged disruption to global energy supplies.

The International Energy Agency released a report stating that the effects of the Iran war on energy markets will persist beyond this year.

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.

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.

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.