An important revenue stream in Central Asia for Russia appears in danger of slowing to a trickle. The international power sector has long been lucrative for Russia, via projects developed by Rosatom, the state-controlled atomic energy entity, and other Kremlin-connected companies. But the ability of Russia and its corporate proxies to finance deals appears to...Continue Reading

China Silent After Trump Asks Beijing for Help in Strait of Hormuz | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 16, 2026, 12:30 PM CDT China has remained publicly silent after U.S. President Donald Trump on Monday urged Beijing to help reopen the Strait...Continue Reading

The world’s largest single-site aluminium smelter in the Middle East cut its output by about 20% on Sunday, marking yet another troubling development for the global economy. The disruption in the Strait of Hormuz is no longer just an energy story – it’s now spreading into industrial metals. These second- and third-order effects could soon...Continue Reading

TotalEnergies Finalizes Plan for Azeri Absheron Field’s Second Phase | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Mar 16, 2026, 11:30 AM CDT TotalEnergies expects first gas from the expansion of its Absheron gas and condensate field in Azerbaijan to...Continue Reading

Governments around the world are desperate to bring down oil prices in the wake of a cutoff of about one-fifth of the world’s supply due to the Iran war. Here are some of the moves we’ve seen so far: The International Energy Agency, a consortium of 32 countries that coordinate energy policy and emergency readiness,...Continue Reading

Ukraine Eyes Major Black Sea Gas Development With Romania’s OMV Petrom | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 16, 2026, 11:00 AM CDT Ukraine’s state energy company Naftogaz is in early-stage discussions with Romania’s OMV Petrom about jointly developing a potentially significant offshore...Continue Reading

EU Considers Naval Action to Reopen Vital Strait of Hormuz | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Mar 16, 2026, 10:30 AM CDT The European Union foreign ministers are discussing on Monday the potential to move an already operational...Continue Reading

Will Oil Really Go to $200 a Barrel as Iran Predicts? | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Mar 16, 2026, 10:00 AM CDT Iran’s...Continue Reading

Middle East War Revives Interest in Alaska LNG | 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 Related News By Tsvetana Paraskova – Mar 16, 2026, 9:30 AM CDT Interest in the Alaska LNG export project has...Continue Reading

Trump Urges Oil-Importing Nations to Join Hormuz Security Coalition | 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 – Mar 16, 2026, 9:00 AM CDT The United States...Continue Reading