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Europe is entering the 2026 gas injection season with its lowest level of gas in storage since 2018.
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The global order that shaped the past several decades is giving way to a more fragmented and uncertain world. Long-standing alliances are under strain, economic integration is giving...
China had more than a billion barrels of crude oil in reserve when the war in Iran disrupted the market. The country has also spent years diversifying its energy sources and accelerating electrification.
Oil prices held above $100 a barrel on Thursday as peace talks between the US and Iran collapsed before a second round could take place.
China's Jinta molten salt energy tower stands as an "energy fortress" designed to help the country absorb the oil shock caused by the tensions surrounding the Strait of Hormuz.
Media reports suggest the Trump Administration is considering restrictions on US oil exports.
The oil shock triggered by the crisis in the Persian Gulf has pushed crude above $100 per barrel, reviving familiar fears of economic turmoil in the United States driven by surging gasoline and diesel prices.
