Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Bank of America reported a 16% increase in gas spending among its customers in March, coinciding with heightened geopolitical tensions related to the potential for an Iran war. This surge suggests inc
Norway's oil export earnings jumped nearly 68% in March due to significantly higher global oil prices. This surge was triggered by the Iran war and the closure
The article describes a hypothetical scenario where negotiations to end the Iran war have failed, the Strait of Hormuz is closed, and the US military has blocka
President Trump issued a 60-day waiver for the Jones Act to alleviate oil price pressures resulting from supply disruptions caused by the Strait of Hormuz closu
The article discusses the recent surge in U.S. gasoline prices, with the national average remaining above $4/gallon for two weeks, marking the largest monthly j