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Energy
U.S. military aided passage of 660 million barrels of oil through Hormuz
The U.S. military has helped tankers transport more than 660 million barrels of crude oil through the Strait of Hormuz since early May, Central Command told CNBC this week. The military has assisted about 1,300 commercial vessels sail…
Wales revamps renewable energy targets
The Welsh Government is finalising a new National Energy Strategy aimed at expanding renewable energy while ensuring more benefits stay within local communities.
The strategy will set out Wales’ current and future energy…
Oil rises after Bessent says U.S. will collapse Iran with economic pressure
Oil moved higher Thursday after Treasury Secretary Scott Bessent said the U.S. will impose the toughest sanctions in history against Iran. "We have the blockade and we are going to have the toughest sanctions in history," Bessent told…
Flagship Energy’s Mike Stafford Energy Markets Update – 19th August
UK gas prices have traded near recent highs this week, as hopes of a negotiated reopening of the Strait of Hormuz faded and the conflict settled into a longer war of attrition.
Gas saw losses on Thursday 13th, with front…
Hormuz ship attack results in death as Trump says strait is ‘open’
A cargo ship transiting the Strait of Hormuz has come under attack, leaving one crew member dead, while President Donald Trump said Tuesday that the waterway is "open and operating." A projectile struck the vessel as it exited Hormuz…
Vista Energy up 4% after Peter Thiel buys stake in Argentine oil firm
Peter Thiel, a venture capitalist and co-founder of Palantir and PayPal, appeared in the Epstein files, with the latest release showing correspondence between and about the two.Stephanie Keith | Getty Images News | Getty ImagesOil…
Greenland Energy delays oil drilling in Jameson Land Basin
The Icelandic and Canadian consulates building, left, in the historic old district of Nuuk, Greenland, on Wednesday, June 24, 2026. Bloomberg | Bloomberg | Getty ImagesA Texas-based company with links to President Donald Trump has…
Oil prices rise as U.S. threatens ‘economic isolation’ of Iran
Oil prices rose Friday after the U.S. said its naval blockade of Iranian ports could continue "indefinitely," reigniting concerns over energy flows through the critical Strait of Hormuz.Brent futures, the international benchmark, rose…
Top energy plays for the rest of the year… including a ‘behind-the-meter’
POWER POINTWhat I'm hearing from energy insidersWhat a difference a week makes.Since we last published Power Insider, U.S. crude oil dropped nearly $10 dollars per barrel before clawing back some of those declines. In the months since…
Strait of Hormuz ship traffic near three-month low as U.S.-Iran deal in
Ship traffic through the Strait of Hormuz is near a three-month low as doubt grows that the U.S. and Iran will reach an agreement to fully open the key Middle East oil export corridor. Vessel transits sat at a five-day average of around…