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Global energy market shock not over yet — IMF

As the IMF warned in an analytical note published in mid-July, a significant portion of the capacity to mitigate the global energy crisis sparked by t...

Sep 10, 2026 · Staff
Originally on Wedgetail
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Likely oil slicks in Strait of Hormuz after US tanker strikes: experts

Recent satellite images analysed on Thursday appear to show oil slicks near the Strait of Hormuz, after US strikes on tankers suspected of links to Ir...

Sep 10, 2026 · Staff
Originally on Wedgetail
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EIA Raises 2027 U.S. Oil Output Forecast

The U.S. Energy Information Administration has raised its forecast for U.S. crude oil production in 2027 to 14.3 million barrels per day, up from 14.2...

Sep 10, 2026 · Staff
Originally on Wedgetail
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EIA Raises 2027 U.S. Oil Output Forecast

The U.S. Energy Information Administration has raised its forecast for U.S. crude oil production in 2027 to 14.3 million barrels per day, up from 14.2...

Sep 10, 2026 · Staff
Originally on Wedgetail
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Gas prices in Europe reach levels seen during late 2022 energy crisis — Gazprom

The holding company believes that high gas prices and lagging storage injection rates increase risks to the reliability of gas supplies for European c...

Sep 10, 2026 · Staff
Originally on Wedgetail
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US redirected 96 commercial ships during its blockade of Iran — CENTCOM

According to the statement, more than 50 vessels supporting humanitarian aid have been allowed to pass

Sep 10, 2026 · Staff
Originally on Wedgetail
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Hungary wants compensation from EU for rejecting Russian oil, gas — prime minister

Peter Magyar added that the energy situation remains extremely difficult worldwide, with many nations experiencing gasoline and diesel fuel shortages

Sep 10, 2026 · Staff
Originally on Wedgetail
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Coal demand to rise 1.2% as Hormuz closure drives gas prices: IEA

A new update by the IEA puts coal demand back on the rise following the ongoing conflict in the Middle East.

Sep 10, 2026 · Staff
Originally on Wedgetail
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Big Take: Trump's Venezuela Oil Deal

The Pentagon is taking a stake in a private Venezuelan oil company in what President Trump called “the biggest oil deal in world history.” On the Big ...

Sep 10, 2026 · Staff
Originally on Wedgetail
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Ukraine’s Achilles heel, possibility of energy truce: Peskov’s statements

The Russian Presidential Spokesman added that there are currently no contacts between the Kremlin and representatives of European countries

Sep 10, 2026 · Staff
Originally on Wedgetail
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Brent crude price on ICE tops $107 per barrel for first time since May 21 — trading data

WTI crude futures for October delivery rose by 5.65%

Sep 10, 2026 · Staff
Originally on Wedgetail