Polymarket traders price 22% odds of Bab el-Mandeb Strait closure by year-end
Traders on Polymarket now assign a 22% probability that the Bab el-Mandeb Strait, a chokepoint carrying roughly 12% of global…
Brent Crude News
Latest Brent crude oil news — price movements, global supply factors, geopolitical risks and energy market analysis.
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Hormuz Strait disruption pushes global coal demand to a record high in 2026
Global coal demand is set to hit a record 8.94 billion tonnes in 2026, the International Energy Agency forecasts, as…
Iran Warns of Retaliation as Houthi Strikes Hit Riyadh and Saudi Oil Port
Iran warned on Sunday against any new major attack by the United States and its allies, saying it had information…
Chevron CEO Warns Oil Market’s Safety Buffers Are Exhausted
Chevron CEO Mike Wirth told an energy conference at the University of Texas at Austin that the mechanisms that cushioned…
Iran says Strait of Hormuz will stay closed, deepening US tensions
Iran has declared the Strait of Hormuz will stay closed until unspecified conditions are met, deepening its standoff with the…
