Tag:

Global Energy

S&P Global lowers oil demand outlook on Iran war

S&P Global Energy has reduced its global oil demand forecast for 2026 by 700,000 barrels per day, as the U.S.–Iran war disrupts energy supplies from the Middle East and weakens demand in the second quarter, consultant Ethan Ng said on Thursday.

23 Apr 2026-11:57
Strait of Hormuz crisis deepens as shipping nearly halts amid US Iran tensions

Editor’s note: Faig Mahmudov is a journalist based in Azerbaijan covering regional security, foreign policy, and geopolitical developments. The views expressed in this article are his own and do not necessarily reflect the official position or editorial stance of News.Az.

22 Apr 2026-10:13
Can alternative routes replace the Strait of Hormuz?

Rising tensions in the Middle East are no longer viewed solely as a short term geopolitical shock.

21 Apr 2026-10:28
Which airlines are cutting flights and adding extra charges amid jet fuel crisis - LIST

The global aviation industry is facing significant turbulence following a dramatic surge in jet fuel prices, driven by the escalating US-Israeli conflict with Iran.

20 Apr 2026-16:20
BREAKING: North Korea “seriously ‌increases” nuclear weapons production capabilities

North Korea has ⁠made "very ⁠serious" advances in its abilities to turn ⁠out nuclear weapons, with the probable addition of a new uranium enrichment facility, as it stepped up activity at a key complex, IAEA chief Rafael Grossi said on Wednesday.

15 Apr 2026-11:30
Ceasefire is a tactical move, not strategic breakthrough, expert warns

09 Apr 2026-09:13
High oil prices: pros and cons for Azerbaijan

Rising oil prices are traditionally seen as an unequivocal benefit for hydrocarbon-exporting countries. For Azerbaijan, whose economy largely depends on the energy sector, this factor indeed plays a key role. However, in modern conditions, the impact of oil prices on the country’s economy is far more complex and multifaceted than it may appear at first glance.

08 Apr 2026-09:30
US stocks trim losses as Iran signals Hormuz shipping plan amid war tensions

Wall Street pared earlier losses on Thursday after signs that Iran may seek to ease disruptions in the vital Strait of Hormuz, even as escalating rhetoric from Washington kept investors on edge.

02 Apr 2026-23:48
What is driving global energy and oil price volatility

Global energy markets are currently experiencing heightened volatility due to a combination of geopolitical tensions, supply constraints, and shifting demand patterns. The price of Brent crude oil, which serves as a key international benchmark, has been particularly sensitive to developments in major producing regions.

31 Mar 2026-19:30
IEA ready to release more oil reserves amid global price surge

Fatih Birol, head of the International Energy Agency (IEA), said he is prepared to release additional oil reserves as energy prices soar worldwide.

25 Mar 2026-11:56