U.S. and Iranian negotiators are reportedly nearing a framework that could reopen the Strait of Hormuz, a critical chokepoint for global oil and LNG trade, though major disagreements over sanctions and uranium enrichment remain unresolved. SourceContinue Reading

Coal Is Fueling China’s Next Energy Power Play | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – May 24, 2026, 4:00 PM CDT China is rapidly expanding coal-to-chemicals and coal-to-gas production as high...Continue Reading

As Statista’s Tristan Gaudiaut details below, according to the IEA Global EV Outlook 2026, published on May 20, global sales of electric cars, including plug-in hybrids, surpassed 21 million units last year, more than doubling since 2022, when annual sales first exceeded 10 million. As the chart shows, EVs now account for roughly one in four passenger...Continue Reading

Australia’s LNG Industry Warns Policy Uncertainty Is Hurting Investment | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – May 24, 2026, 12:00 PM CDT Australian LNG producers are urging Canberra to...Continue Reading

U.S.-Iran Deal Delayed as Trump Refuses to “Rush” Agreement | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics and later completed an Executive MBA in Energy Transition at the University of Groningen.… More Info Related News By Tom Kool – May 24, 2026, 10:25 AM CDT President Donald Trump...Continue Reading

Heat Pump Sales Surge Across Europe Amid Energy Shortages | OilPrice.com Felicity Bradstock Felicity Bradstock is a writer and journalist based in Mexico City. She writes for energy websites and covers several other industries, as well as writing… More Info Premium Content By Felicity Bradstock – May 24, 2026, 10:00 AM CDT Heat pump sales...Continue Reading