Oil prices could climb as high as US$160 a barrel, or potentially even further, if disruption around the Strait of Hormuz persists and global inventories continue to fall, according to
BP and Shell Gain £5bn Windfall Amid Middle East Tensions
The geopolitical tensions surrounding the Strait of Hormuz have created a significant financial opportunity for two of Britain’s largest energy companies. Shell and BP are positioned to capture an additional
Moscow threatens to cut Europe’s gas supply
Vladimir Putin has warned that Russia could redirect its gas exports away from Europe as the conflict in the Middle East drives energy prices higher.