Russia has escalated its warnings against Britain, saying British military targets could be attacked in response to Ukraine’s use of British-supplied Storm Shadow missiles against Russian territory. The latest warning comes days after Britain agreed to share classified technical information with Ukraine to help it eventually produce its own version of the long-range missile. Why…
Qatar’s position as one of the world’s biggest LNG exporters has been badly hit by the ongoing US-Iran war, with the country’s shipments falling by 96% as damage to the Ras Laffan energy complex and the closure of the Strait of Hormuz disrupt supplies. Only 18 Qatari LNG cargoes have left the country in the…
Global oil markets are once again being pushed higher by the standoff between the United States and Iran over the Strait of Hormuz, with Brent crude climbing sharply as hopes of a quick reopening of the strategic waterway fade. The U.S. Energy Information Administration has raised its 2026 Brent price forecast to about $87 per…
