Oil

Aging infrastructure is putting the US emergency oil reserve at risk, watchdog warns
Business

Aging infrastructure is putting the US emergency oil reserve at risk, watchdog warns

Aging infrastructure and record-low inventories could undermine future crisis response, the GAO has said Published 2 Jul, 2026 23:04 Oil…
One of Germany’s oldest breweries files for bankruptcy
Business

One of Germany’s oldest breweries files for bankruptcy

Hofbrauhaus Wolters blames a shrinking beer market and high operating costs due to soaring energy prices Published 25 Jun, 2026…
Iran says Hormuz deal ‘nearing completion’
My Europe

Iran says Hormuz deal ‘nearing completion’

Negotiations with Oman are in the final stage, provided “certain third parties do not obstruct the process,” the Iranian Foreign…
Iran conflict cuts global oil demand, the International Energy Agency says
Business

Iran conflict cuts global oil demand, the International Energy Agency says

The Strait of Hormuz disruption is set to trigger the first annual decline in crude consumption since Covid-19, the energy…
Oil nears $100 again as Middle East tensions threaten supply
Business

Oil nears $100 again as Middle East tensions threaten supply

Renewed hostilities between the US and Iran, coupled with Houthi attacks in the Red Sea, are raising concerns as global…
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