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A long war will permanently damage oil demand

US President Donald Trump seems to be hastening the end of the oil age.

Sep 10, 2026 · Staff
Originally on Wedgetail
News
Russia cuts LNG supplies to Europe to five-year low in August

Europe's total LNG imports in August amounted to 10.5 bln cubic meters, according to European think tank Bruegel

Sep 10, 2026 · Staff
Originally on Wedgetail
News
Kremlin calls energy sector Ukraine's 'Achilles' heel' as it dismisses aerial truce

The comments come as a rejection of the latest U.S.-Ukraine proposal for an aerial truce, which was put forward during the visit of U.S. peace envoys ...

Sep 10, 2026 · Staff
Originally on Wedgetail
News
IEA: Global Coal Demand Set to Hit Record High as Iran War Chokes LNG Supply

Soaring LNG prices due to the Strait of Hormuz blockage are prompting economies to shift to alternative energy sources, pushing coal demand to a anoth...

Sep 10, 2026 · Staff
Originally on Wedgetail
News
US producer inflation tops expectations as energy costs jump amid Iran war

US wholesale inflation picked up more than expected in August, government data showed Thursday, driven by higher energy costs in the month – particula...

Sep 10, 2026 · Staff
Originally on Wedgetail
News
Orano CEO's confident bet on Mongolian production

The CEO of French fuel cycle company Orano says he expects the company will be producing "multi-million pounds" of uranium per year from its operation...

Sep 10, 2026 · Staff
Originally on Wedgetail
News
Yemen’s Houthis seize strategic Red Sea city of Mocha

Houthis deliver 'significant blow' to the Yemeni government, expand control over Bab al-Mandeb, analysts say.

Sep 10, 2026 · Staff
Originally on Wedgetail
News
Hormuz Fuel Exports’ Slow Recovery Keeps Prices Near Record

Oil-product exports through the Strait of Hormuz are slowly recovering, but the pace hasn’t been enough to prevent a surge in fuel prices that is sque...

Sep 10, 2026 · Staff
Originally on Wedgetail
News
DRC’s cobalt exports contain unreported uranium – our study estimates the global nuclear risk

The amount of undeclared uranium from the DRC’s cobalt mines could – if processed – produce enough material for 600-1,500 nuclear weapons.

Sep 10, 2026 · Staff
Originally on Wedgetail
News
HSBC Raises 2026 Brent Forecast to $90 as Hormuz Crisis Drags On

HSBC has hiked its Brent Crude forecast for 2026 to $90 per barrel from $80 as the Strait of Hormuz crisis is tightening markets while no clear path t...

Sep 10, 2026 · Staff
Originally on Wedgetail
News
HSBC Raises 2026 Brent Forecast to $90 as Hormuz Crisis Drags On

HSBC has hiked its Brent Crude forecast for 2026 to $90 per barrel from $80 as the Strait of Hormuz crisis is tightening markets while no clear path t...

Sep 10, 2026 · Staff
Originally on Wedgetail
News
Houthis seize Red Sea city, tighten grip near strategic Bab al-Mandeb: What to know

Taking control of the towns bordering the Bab al-Mandeb Strait deals a significant blow to Saudi Arabia, which has relied heavily on the key waterway ...

Sep 10, 2026 · Staff
Originally on Wedgetail