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Oil
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Cubans this week began to reap the benefits of a recent 100,000 metric ton delivery of Russian oil, a temporary lifeline for the energy-starved nation and the first major shipment of oil to the island since the United States moved to cut off its fuel early this year.23 Apr 2026-23:15
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The United States has seized another oil tanker linked to Iran in the Indian Ocean.23 Apr 2026-16:44
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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
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Oil prices rose for a fourth consecutive day as tensions between the United States and Iran escalated over control of the Strait of Hormuz following the collapse of efforts to restart peace talks.23 Apr 2026-11:13
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Kazakhstan's energy minister announced on Wednesday that there would be no transit of its oil to Germany through Russia in May, citing Russian technical constraints, which are believed to be linked to recent strikes on Russian infrastructure.22 Apr 2026-19:27
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Contrary to dire warnings from market analysts, the global energy sector is proving remarkably resilient despite ongoing geopolitical tensions.22 Apr 2026-12:35
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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
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