The extended disruption caused by the US-Iran conflict highlights a need for diversifying energy export routes to reduce dependency on shipping via the Strait of Hormuz. A new initiative launched by the Washington, DC-based New Lines Institute seeks to develop Syria and Turkey into major energy distribution hubs. The Four Seas Initiative outlines an expansive...Continue Reading

U.S. EV Adoption Slows While Global Demand Accelerates | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 16, 2026, 10:30 AM CDT Electric vehicle sales in the United States are set to account for only 17% of all nationwide passenger vehicle sales in 2030, BloombergNEF...Continue Reading

Australian LNG Strike Threatens Global Gas Supply as Qatar Recovery Lags | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 16, 2026, 9:30 AM CDT The ongoing strike action at Australian LNG facilities of Inpex is expected to disrupt operations significantly, a senior official at...Continue Reading

U.S. and Iran Digitally Sign Peace Deal to Reopen Strait of Hormuz | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Jun 16, 2026, 9:00 AM CDT...Continue Reading

Dubai and Murban Crude Signal End of Middle East Supply Crunch | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 16, 2026, 8:30 AM CDT The benchmark crude grades of the Middle East have slumped this week as the U.S.-Iran deal raises hopes that supply...Continue Reading

Qatar Eyes Quick LNG Restart Once Hormuz Reopens | OilPrice.com Tsvetana Paraskova What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… More Info Related News By Tsvetana Paraskova – Jun 16, 2026, 7:30 AM CDT Qatar prepares to quickly...Continue Reading

India’s ONGC Considers Resuming Venezuela Oil Operations | OilPrice.com Tsvetana Paraskova What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… More Info Related News By Tsvetana Paraskova – Jun 16, 2026, 6:30 AM CDT ONGC Videsh Ltd (OVL), the...Continue Reading

World’s Largest Tanker Operator Cautions Against Hormuz Rush | OilPrice.com Tsvetana Paraskova What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… More Info Related News By Tsvetana Paraskova – Jun 16, 2026, 5:00 AM CDT The U.S.-Iran deal has...Continue Reading

Banks Slash Oil Price Forecasts After U.S.-Iran Breakthrough | OilPrice.com Irina Slav What I Cover Irina Slav has been writing about global energy markets since 2007, covering the oil and gas industry, energy security, commodities, and the… More Info Related News By Irina Slav – Jun 16, 2026, 3:30 AM CDT Morgan Stanley and Goldman...Continue Reading

ConocoPhillips Set to Become First U.S. Major to Sign Post-War Syria Gas Deal | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 16, 2026, 2:30 AM CDT ConocoPhillips is set to sign a deal with Syria’s state gas company this week for the development of...Continue Reading