Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
The article reports that Iran's Islamic Revolutionary Guard Corps (IRGC) has declared the Strait of Hormuz closed again after a brief opening, contradicting claims from President Trump. This closure r
Oil and gas prices decreased following reports that Iran signaled a temporary reopening of the Strait of Hormuz. This development eased concerns about potential
A severe drought is impacting a significant portion of the US agricultural belt, jeopardizing crops and livestock. This situation is exacerbated by already high
Following Iran's declaration of the Strait of Hormuz being open to shipping under a ceasefire framework, at least eight crude oil tankers have begun moving towa
The US oil and gas rig count has decreased, with the total number of active rigs falling to 543, a decrease of 42 rigs compared to the same period last year. Th