
G7 Energy Ministers Discuss Possible Use of Oil Reserves (updated)
French Finance Minister says alternative oil supplies could be sourced from other regions if the Strait of Hormuz cannot be reopened.

French Finance Minister says alternative oil supplies could be sourced from other regions if the Strait of Hormuz cannot be reopened.

The United States has targeted Iranian minelaying vessels that menace the narrow entrance to the Persian Gulf.

Trump described his campaign against Iran as “very complete,” boosting confidence that energy supply pressures may abate.

Trump warns that any attempt to disrupt Middle East shipping routes will trigger a far stronger response than any of his previous military actions.

Oil prices spike, LNG deliveries slow, and EU capitals reopen old fault lines over supply security.

An Iranian oil tanker was struck, coinciding with President Masoud Pezeshkian assuming the role of interim leader—further raising tensions in the region.

According to the British ex-PM’s think tank, the Labour government’s current eco-friendly energy policies are pushing up energy prices.

The European Commission has proposed a new package of sanctions designed to significantly reduce Russian oil and gas revenues—with the stated aim of weakening war financing and further isolating Russia economically.

Acting president Delcy Rodríguez welcomed new reforms, calling them a “historical leap” for Venezuela’s economy.

Venezuelan President Nicolás Maduro avoided confirming that the United States had carried out an attack on a Venezuelan port facility, while signalling openness to dialogue with Washington.