Armenia’s foreign trade turnover fell off a cliff during the first four months of 2025 after the Kremlin changed the rules that govern Yerevan’s imports and exports of Russian gems and precious metals. According to data published by the Arminfo news agency on June 9, Armenia’s overall trade volume amounted to $6.3 billion during the...Continue Reading

Exports to the US – the country the UK trades with the most with – saw its largest monthly decrease in April since records began, official data has shown.  The onset of President Trump’s trade war with some of his closest allies and foes put governments on standby as major forecasters warned the world economy...Continue Reading

Iran Speaks Out Following IAEA Resolution | 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 12, 2025, 12:00 PM CDT The IAEA Board of Governors passed...Continue Reading

Trump’s Big Beautiful Bill Could Hurt His Own Energy Agenda | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 12, 2025, 12:00 PM CDT President Trump’s U.S. energy dominance agenda could be derailed by one provision in the One Big Beautiful Bill Act, the tax...Continue Reading

JP Morgan is sticking to its base-case oil price forecast for 2025, projecting Brent crude will trade in the low-to-mid $60s, despite a sharp escalation in geopolitical tensions involving Iran, the U.S., and potentially Israel. In a note published Thursday, the bank said it sees oil averaging $60 in 2026, but flagged $120–$130 per barrel...Continue Reading

Egypt Locks In Landmark LNG Import Deals With Aramco, Shell, and Trafigura | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 12, 2025, 10:30 AM CDT Egypt has finalized a sweeping series of liquefied natural gas (LNG) supply agreements with Saudi Aramco, Shell Plc, Trafigura,...Continue Reading

Oklo Stock Surges After Defense Department Contract Award | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jun 12, 2025, 10:00 AM CDT Oklo was chosen for a Department of Defense project to provide clean energy to Eielson Air Force Base using their...Continue Reading

UK Pays Record Sums to Wind Power Generators to Switch Off | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 12, 2025, 9:30 AM CDT The UK’s grid operator has seen its balancing costs jump as more wind farms in Scotland are being paid not...Continue Reading

The United Nations’ nuclear watchdog on Thursday declared Iran in breach of its nuclear non-proliferation obligations, just as tensions in the Middle East escalate and Oman prepares to host the next round of indirect U.S.-Iran nuclear talks. The 35-nation Board of Governors of the International Atomic Energy Agency (IAEA) passed a resolution slamming Iran’s non-compliance...Continue Reading

Alberta Plots New Oil Sands Pipeline to B.C. in Bid to Bypass U.S. | 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 – Jun 12, 2025, 8:20 AM CDT Alberta is working...Continue Reading