Russian fuel shortages prompt rare import plans and public restrictions
June 24, 2026
Months of Ukrainian drone attacks on Russian oil refineries have knocked out about 14% of the country’s refining capacity, prompting petrol
Crude Oil
Goldman Sachs predicts EV surge will dent oil demand by 2027
June 23, 2026
Goldman Sachs predicts that rapid electric vehicle adoption could reduce global oil demand by 0.13-0.32 million barrels per day (bpd) by
US grants 60‑day waiver for Iranian oil and petrochemical exports
June 22, 2026
The US Treasury’s General License U allows production, delivery and sale of Iranian oil and petrochemicals through 21 August 2026, extending a previous
Reopening the Strait of Hormuz and the fragile US‑Iran peace deal
June 19, 2026
A 14‑point memorandum has extended the US‑Iran ceasefire and reopened the Strait of Hormuz, allowing a handful of tankers to transit
Why oil flows may take months to normalise despite the Hormuz deal
June 15, 2026
Physical bottlenecks remain: shipping lanes must be cleared of mines and debris; tankers are in the wrong place; and production facilities
Peace deal reopens Strait of Hormuz, sends stock markets soaring
June 15, 2026
Oil prices plunged and stock markets rallied after the US and Iran announced a draft peace deal that includes reopening the
Aviation’s 2050 net-zero target slips from difficult to doubtful as SAF gap widens
June 9, 2026
Airline leaders say aviation is unlikely to meet its 2050 net-zero target on the current trajectory, with IATA director general Willie
Europe’s transport chief plays down jet fuel shortages despite Hormuz closure
June 5, 2026
EU transport commissioner Apostolos Tzitzikostas said there are no signs of a jet fuel shortage in Europe because US and Nigerian
UK construction sector shrinks as energy costs bite
June 4, 2026
The Royal Institution of Chartered Surveyors said its net workloads balance for UK construction fell to -12% in the first quarter
Hormuz supply disruption pushes refined fuel margins above historical averages
June 2, 2026
Iran’s threats to maritime traffic in the Strait of Hormuz have sharply restricted crude flows and led refiners across Asia to
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Clean hydrogen investment passes $130 billion, but demand remains uncertain
September 11, 2026
The North Sea: Beyond oil and gas
September 10, 2026
