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liquefied natural gas

Netanyahu says Iran 'decimated,' Tehran targets Gulf petro-facilities

Netanyahu says Iran 'decimated,' Tehran targets Gulf petro-facilities

Israeli Prime Minister Benjamin Netanyahu said Thursday that Iran is being "decimated" and it is unclear who is in charge, as Tehran sent jitters through global markets by turning its sights on Gulf oil and gas facilities. Nearly three weeks into the Middle East war launched by Israel

US stocks cut losses on Netanyahu war comments as energy prices soar again

US stocks cut losses on Netanyahu war comments as energy prices soar again

Energy prices soared during a volatile session Thursday, while Wall Street stocks trimmed losses after Israeli Prime Minister Benjamin Netanyahu said the war with Iran could finish sooner than expected. Major Wall Street indices were headed to significant losses following gloomy sessions in Europe and Asia, but got a boost

US mulls lifting sanctions on Iranian oil at sea despite war on Tehran

US mulls lifting sanctions on Iranian oil at sea despite war on Tehran

US Treasury Secretary Scott Bessent said Thursday that Washington might lift sanctions on Iranian oil that is already being shipped, as energy prices soar due to the war in the Middle East. The deliberation comes as Washington scrambles to ease high energy costs that have been filtering down to US

European Central Bank warns of major hit from Mideast war

European Central Bank warns of major hit from Mideast war

The European Central Bank warned Thursday that the energy shock unleashed by the Middle East war would sharply push up inflation and hit the eurozone's growth this year. The ECB kept borrowing costs on hold as expected but President Christine Lagarde dropped typical language that rates were in

Surging U.S. diesel prices stoke concerns over inflation

(The Center Square) – Surging prices for U.S. diesel fuel are stressing the budgets of consumers, governments and industries from trucking, railroads and air travel to agriculture and medical supplies, energy market experts say. U.S. diesel prices have risen almost 38% in the 20 days since the United States

Trump administration takes steps to curb energy cost hikes

Trump administration takes steps to curb energy cost hikes

US President Donald Trump's administration scrambled Wednesday to rein in surging energy costs from war in the Middle East, temporarily waiving a century-old shipping law and easing Venezuela sanctions. The moves came after oil prices rocketed following US-Israeli strikes on Iran on February 28. Tehran'

Blackened, wrecked Russian tanker nears Malta

Blackened, wrecked Russian tanker nears Malta

A liquified natural gas (LNG) carrier Russia claims was attacked by Ukraine in the Mediterranean is blackened by fire with two large holes in the hull, AFP footage showed Sunday. The 277-metre-long Arctic Metagaz has been drifting without a crew since a series of explosions scuppered the vessel