Just hours after the U.S. launched attacks on Iran’s uranium enrichment facilities, the Iranian parliament expressed support for shutting down the Strait of Hormuz—one of the world’s most critical routes for fossil fuel transportation, particularly oil and LNG. The Middle East conflict, which began on June 13, 2025, following Israeli airstrikes targeting Iranian military bases...Continue Reading

Key Players and Production Trends in the Steel Industry | OilPrice.com Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Metal Miner – Jun 23, 2025, 1:00 PM CDT China Baowu Group...Continue Reading

Qatari LNG Output Steady Despite Buyer Caution Over Iran Conflict | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 23, 2025, 1:00 PM CDT Qatar’s liquefied natural gas (LNG) production remains steady despite growing geopolitical concerns in the Gulf following U.S. airstrikes on Iranian nuclear...Continue Reading

Foreign secretary David Lammy has warned Iran that blocking the crucial Strait of Hormuz shipping lane would be a “mistake” after the nation vowed repercussions following the US’ attacks. Lammy told the BBC this morning: “It would be a catastrophic mistake. It would be a mistake to blockade the Strait of Hormuz.” The foreign secretary...Continue Reading

Trump Orders Oil Sector to Keep Prices Low After Strikes on Iran | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 23, 2025, 11:00 AM CDT President Donald Trump on Monday called on U.S. and global oil producers to keep crude prices from spiking, following...Continue Reading

The Strait of Hormuz: What It Is, Where It Is, and Why It Matters | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Jun 23, 2025, 10:00 AM CDT The Strait of Hormuz is a narrow, strategically vital waterway that carries...Continue Reading

China Smashes Solar Installation Record | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 23, 2025, 9:30 AM CDT China installed its highest solar power capacity for a single month in May, according to official data, which showed mind-boggling figures that the country installed more...Continue Reading

The Oil Price Shock No One Saw Coming | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Jun 23, 2025, 9:00 AM CDT The U.S. bombing of Iran’s nuclear facilities has triggered Iran’s...Continue Reading

EU Commissioner Calls for Strategic Rare Earths Reserve | 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 23, 2025, 8:30 AM CDT The European Union needs to create a joint...Continue Reading

Oil Tankers on Edge in the Strait of Hormuz | 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 23, 2025, 7:15 AM CDT After U.S. airstrikes on Iran, some oil...Continue Reading