Kazakhstan and Uzbekistan may soon have to rethink their plans to develop nuclear energy. Rosatom, the Russian nuclear entity that has agreements to build nuclear plants in both Central Asian nations, is experiencing major financial difficulties. Alexei Likhachev, Rosatom’s boss, has announced the entity is cutting its investment program by nearly 50 percent this year due to...Continue Reading

New Zealand Oil Explorers Rush to Secure Offshore Permits Before Election | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 20, 2026, 12:30 PM CDT Small oil and gas companies are vying to secure exploration permits offshore New Zealand in the coming months before a...Continue Reading

Nigeria is set to ramp up crude oil production to 3 million barrels per day by 2030, according to the country’s upstream regulator, which says reforms aimed at accelerating investment and reducing project delays are beginning to reverse years of declining output. The target would nearly double the country’s current crude production and mark the...Continue Reading

Houthis Declare Naval Blockade on Saudi Arabia as Red Sea Crisis Deepens | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 20, 2026, 11:30 AM CDT Yemen’s Iran-aligned Houthis declared an immediate naval blockade on Saudi Arabia on Monday, Reuters reported, bringing the U.S.-Iran war...Continue Reading

New UK Prime Minister Set to Back North Sea Oil and Gas Projects | 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 – Jul 20, 2026, 11:00 AM...Continue Reading

Drone Strike Halts Exports at Strategic Black Sea Oil Terminal | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 20, 2026, 10:25 AM CDT A drone struck a tanker loading crude oil at the Caspian Pipeline Consortium’s (CPC) Black Sea export terminal on Monday, according...Continue Reading

U.S.-Iran Conflict Enters Dangerous New Phase With Fresh Missile Exchanges | 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 – Jul 20, 2026, 10:00 AM CDT U.S. forces...Continue Reading

U.S. Gasoline Prices Climb Back Above $4 Per Gallon | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 20, 2026, 9:15 AM CDT The national average price of gasoline in the United States topped $4 per gallon once again on Monday following the crude oil...Continue Reading

Brent Crude prices briefly hit $90 per barrel in Asian trade on Monday as the Middle East conflict continued to escalate with fresh U.S. strikes on Iran and Tehran targeting American bases in the region and vessels in the Strait of Hormuz. Both Brent Crude and the U.S. benchmark, WTI Crude, were up by 2%...Continue Reading

Europe Faces Diesel Crunch as Inventories Head Toward Multi-Year Lows | 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 – Jul 20, 2026, 8:15 AM CDT European diesel...Continue Reading