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Leaders of G7 nations met on Monday to discuss plans to reverse the sharp rise in global energy prices after the international benchmark Brent crude, climbed by almost a third to highs of $119.50 a ba... 0.900

👤 The author 📋 News Article 🏷️ Political , Economic

Simplified: G7 leaders met to discuss reversing rise in global energy prices

1 sources

2 months ago
Qatar’s energy minister has predicted that if the disruption to Hormuz continues all Gulf energy exporters will have to shut down production within weeks – delaying any restart if the strait reopens –... 0.850

👤 Qatar’s energy minister 📋 News Article 🏷️ Energy , Economic

Simplified: Qatar’s energy minister predicts Gulf energy exporters will shut down if disruption continues

1 sources

2 months ago
China has taken advantage of weak oil prices over recent years to quietly amass record high levels of crude stocks, which are estimated to exceed 1.2bn barrels in its onshore crude stockpiles. 0.900

👤 The author 📋 News Article 🏷️ Economic , Energy

Simplified: China has amassed record high levels of crude stocks

1 sources

2 months ago
The White House agreed last week to temporarily waive its sanctions to allow India to buy Russian oil stranded at sea. 0.900

👤 The author 📋 News Article 🏷️ Political , Economic

Simplified: White House agreed to temporarily waive sanctions for India to buy Russian oil

1 sources

2 months ago
The stoppage has sent fossil fuel prices soaring, and fears over supplies have been compounded by strikes against key oil and gas infrastructure in the region that threaten to further disrupt supply e... 0.900

👤 The author 📋 News Article 🏷️ Economic , Energy

Simplified: Stoppage has sent fossil fuel prices soaring

1 sources

2 months ago
Hundreds of tankers hoping to cross the strait have come to a halt after the Islamic Revolutionary Guards Corps threatened to “set ablaze” any vessel using the trade route, effectively deterring all b... 0.900

👤 The author 📋 News Article 🏷️ Safety , Political

Simplified: Hundreds of tankers halted after threat from Islamic Revolutionary Guards Corps

1 sources

2 months ago
At least five energy sites in and around Tehran were hit by airstrikes, prompting accounts of “apocalyptic” scenes in the Iranian capital. 0.900

👤 The author 📋 News Article 🏷️ Energy , Safety

Simplified: Five energy sites in Tehran hit by airstrikes

1 sources

2 months ago
Oil storage facilities in Saudi Arabia, the United Arab Emirates and Kuwait are reaching their limits, meaning large oilfields may need to be shut down if crude cannot be exported via the strait of Ho... 0.900

👤 The author 📋 News Article 🏷️ Energy , Economic

Simplified: Oil storage facilities in Saudi Arabia UAE and Kuwait reaching limits

1 sources

2 months ago
The narrow waterway south of Iran is one of the world’s most important trade arteries, through which a fifth of global oil and seaborne gas is shipped from production facilities and refineries in the... 0.950

👤 The author 📋 News Article 🏷️ Geographical , Energy

Simplified: Strait of Hormuz is one of the world’s most important trade arteries

1 sources

2 months ago
The strait carries just over 20m barrels of oil a day, making it the busiest oil route after the strait of Malacca between Malaysia and Indonesia. 0.950

👤 The author 📋 News Article 🏷️ Statistical , Energy

Simplified: Strait of Hormuz carries over 20m barrels of oil a day

1 sources

2 months ago
Saudi Arabia, the UAE and other Gulf producers have built pipelines that are able to bypass the strait, but these routes can carry only a fraction of the region’s export capacity. 0.900

👤 The author 📋 News Article 🏷️ Energy , Geographical

Simplified: Saudi Arabia and UAE have pipelines to bypass the strait

1 sources

2 months ago
Fire breaks out in Shahran oil depot following US and Israeli attacks in Tehran, Iran on 8 March. 0.900

👤 The author 📋 News Article 🏷️ Energy , Safety

Simplified: Fire breaks out in Shahran oil depot after US and Israeli attacks on 8 March

1 sources

2 months ago
Global oil markets have recorded some of the biggest price swings in history this week after the US-Israeli war with Iran throttled the flow of Middle Eastern crude through the strait of Hormuz. 0.900

👤 The author 📋 News Article 🏷️ Economic , Energy

Simplified: Global oil markets recorded biggest price swings after US-Israeli war with Iran

1 sources

2 months ago
The Tehran regime has weaponised geography in retaliation for the attacks by the US and Israel. 0.800

👤 The author 📋 News Article 🏷️ Political , Geographical

Simplified: Tehran regime has weaponised geography in retaliation for US and Israeli attacks

1 sources

2 months ago
You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. 0.850

👤 The author 📋 Website Privacy Policy 🏷️ Technology , Privacy

Simplified: Set browser to block or alert about cookies but site may not work

1 sources

2 months ago
You may exercise your right to opt out of the sale or sharing of personal information by using this toggle switch. 0.900

👤 The author 📋 Website Privacy Policy 🏷️ Privacy , Technology

Simplified: Use toggle switch to opt out of sale or sharing of personal information

1 sources

2 months ago
If you do not allow these cookies you may not be able to use or see these sharing tools. 0.850

👤 The author 📋 Website Privacy Policy 🏷️ Technology , Privacy

Simplified: Not allowing cookies may disable sharing tools

1 sources

2 months ago
We may place cookies or other tracking technologies, such as pixels, on your computer, phone, device or browser. 0.900

👤 The author 📋 Website Privacy Policy 🏷️ Technology , Privacy

Simplified: Website may place cookies or tracking technologies on your device

1 sources

2 months ago
You cannot opt-out of Strictly Necessary Cookies. 0.950

👤 The author 📋 Website Privacy Policy 🏷️ Privacy , Technology

Simplified: Users cannot opt-out of Strictly Necessary Cookies

1 sources

2 months ago
The situation prompted the U.S. to grant a sanction waiver on Indian buyers of crude, so they could absorb some Russian crude sitting on tankers in the waters of the coast of Asia. 0.900

👤 The author 📋 News Article 🏷️ Political , Trade

Simplified: U.S. granted sanction waiver on Indian buyers of crude

1 sources

2 months ago