Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
The U.S. government is reportedly stress-testing the economy against a hypothetical $200 per barrel oil price scenario, driven by escalating war risks. This suggests a heightened concern within the go
The article suggests a potential significant increase in oil prices if the Strait of Hormuz is blocked for an extended period. This is due to the massive supply
The article reports that Iran's oil revenues have significantly increased since the start of the war, likely earning them hundreds of millions of dollars in ext
Oil prices increased due to growing concerns about potential supply disruptions stemming from stalled Iran nuclear talks and heightened tensions in the Strait o
Keir Starmer, leader of the UK Labour Party, has stated he lacks the legal authority to directly approve new North Sea oil and gas exploration, placing the deci