Global Economy Braces for Prolonged Shock From Iran War | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Apr 07, 2026, 11:00 AM CDT Roughly 20% of...Continue Reading

Decom Engineering has secured a U.S. patent for its Chopsaw subsea cutting technology, designed to improve precision, safety and efficiency in offshore decommissioning and infrastructure removal operations. SourceContinue Reading

ABL has completed marine assurance and transport support for the Northern Endeavour FPSO, overseeing its multi-phase journey from Australia to a recycling facility in Denmark as offshore decommissioning activity continues to expand globally. SourceContinue Reading

Hunting has secured $63.5 million in subsea orders for a Guyana offshore development, supplying titanium stress joints for FPSO applications as activity continues to ramp up in one of the world’s fastest-growing deepwater regions. SourceContinue Reading

IEA Chief: Current Energy Crisis Worse Than 1973, 1979, and 2022 Combined | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Apr 07, 2026, 10:30 AM CDT The current energy crisis is worse than the oil and gas crises of 1973,...Continue Reading

U.S. strikes near Iran’s Kharg Island, coupled with President Trump’s threat of wider attacks, are raising fresh concerns over global oil supply as tensions around the Strait of Hormuz persist. SourceContinue Reading

Eni has discovered an estimated 2 Tcf of gas offshore Egypt, with the Denise W-1 well located near existing infrastructure—positioning the project for fast-track development and reinforcing Eastern Mediterranean supply potential. SourceContinue Reading

The Final Countdown for Oil Markets | 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 Premium Content By Tom Kool – Apr 07, 2026, 9:30 AM CDT Oil markets are on edge as...Continue Reading

Kazakhstan’s Oil Exports Stable despite Attack on Russian Black Sea Port | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Apr 07, 2026, 9:30 AM CDT Kazakhstan’s crude exports have not been affected by Monday’s drone attack on the Russian Black...Continue Reading

WTI Crude Oil Hits $115 as Strikes Target Iran’s Kharg Island | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Apr 07, 2026, 8:11 AM CDT WTI crude surged to $115.8 per...Continue Reading