#oilprice.com. × #Mar.03.2026 Sanctioned Russian LNG Tanker Explodes in Mediterranean — A First of Its Kind? | OilPrice.com. The vessel, identified as the Arctic Metagaz, was reportedly destroyed around 4 a.m. local time between Malta and Libya
#Business #Libya #Africa #Russia #Malta #Europe
#oilprice.com. × #Mar.03.2026 Canada’s Heavy Crude Tightens as Hormuz Risk Ripples Through Global Markets | OilPrice.com. Canadian heavy crude rallied Tuesday as geopolitical risk in the Middle East began reshuffling global barrels in real time.
#Business #Canada #North America
#oilprice.com. × #Mar.03.2026 Hormuz Freeze Sends Brent-Dubai Spread to Multi-Year High | OilPrice.com. The premium of Brent crude to the Dubai benchmark has surged to its widest level since 2022, confirming the global oil market is reacting to real supply disruption caused by the effective freeze of tan
#Business
#oilprice.com. × #Mar.03.2026 Oil Prices Leap Higher as Iraq Shuts Down Production At Giant Oil Fields | OilPrice.com. Iraq has begun curtailing oil production at key southern fields, including Rumaila, while West Qurna 2 is also shutting in roughly 460,000 barrels per day, according to Iraqi oil officials.
#Business #Asia #Iraq
#oilprice.com. × #Mar.03.2026 India's Industrial Gas Supply Slashed After Qatar Suspends Output | OilPrice.com. India has been forced to reduce gas supply to its industrial customers by 10% to 30% after Qatar, one of its top suppliers, announced a halt in liquefied natural gas production due to military attacks
#Business #Asia #India #Qatar
#oilprice.com. × #Mar.03.2026 Asian Refiners Mull Slashing Crude Processing as Iran War Threatens Supply | OilPrice.com. Asian refiners are considering slashing crude processing rates by up to 30% as the war in Iran has effectively closed the Strait of Hormuz, delaying critical Middle Eastern crude deliveries.
#Business #Asia #Iran
#oilprice.com. × #Mar.03.2026 Oil Prices Surge to $84 as Supply Risk Becomes Real | OilPrice.com. Oil prices continue to surge as the conflict in the Middle East intensifies, with Iran threatening to close the Strait of Hormuz and US officials suggesting a prolonged military operation.
#Business #USA #Asia #North America #Iran
#oilprice.com. × #Mar.03.2026 European Gas Prices Soar 30% as Qatar Halts LNG Output | OilPrice.com. Following military attacks on operating facilities, Qatar, the world’s second-largest LNG exporter, has ceased production, causing Europe’s benchmark natural gas prices to soar by approximately 70% sin
#Business #Europe #Asia #Qatar
#oilprice.com. × #Mar.03.2026 U.S. Not Planning To Tap Strategic Petroleum Reserve Immediately | OilPrice.com. The United States will not immediately tap the Strategic Petroleum Reserve but will unveil a phased plan on Tuesday to mitigate the spike in global oil prices due to the conflict in Iran.
#Business #USA #Asia #North America #Iran
#oilprice.com. × #Mar.03.2026 China Pressures Iran to Keep Strait of Hormuz Open to Oil and Gas Flows | OilPrice.com. China is actively pressuring Iranian officials to keep the Strait of Hormuz open for oil and LNG transit following threats from Iran to close the vital energy shipping route.
#Business #China #Asia #Iran
#oilprice.com. × #Mar.03.2026 Iran War Pushes Middle East Oil Tanker Rates to All-Time High | OilPrice.com. The war in the Middle East has propelled oil and LNG tanker freight rates to record highs, disrupting traffic in the vital Strait of Hormuz and causing global shipping and gas market volatility.
#Business #Asia #Iran
#oilprice.com. × #Mar.03.2026 White House Prepares Plan to Combat Oil Price Spike | OilPrice.com. The United States is set to unveil a phased plan, led by the Energy and Treasury Secretaries, to mitigate a sudden oil price spike and the resulting surge in US gasoline and diesel prices following mil
#Business #USA #Asia #North America #Iran
#oilprice.com. × #Mar.02.2026 U.S. Gasoline Tops $3 as Iran Conflict Sends Fuel Prices Higher | OilPrice.com. Average U.S. gasoline prices climbed above $3 per gallon on Monday for the first time since November, as escalating conflict with Iran rippled through global energy markets and pushed crude and fuel pr
#Business #USA #Asia #North America #Iran
#oilprice.com. × #Mar.02.2026 Chevron Declares Force Majeure as Israel Shuts Leviathan Gas Field | OilPrice.com. Chevron has declared force majeure at Israel’s Leviathan natural gas field after the government ordered a temporary suspension of production on security grounds
#Business #Asia #Israel
#oilprice.com. × #Mar.02.2026 BlackRock, EQT To Acquire AES Corp. in $33.4B Deal | OilPrice.com. A consortium led by BlackRock’s Global Infrastructure Partners (GIP) and U.S. gas giant EQT Corp. (NYSE:EQT) have agreed to acquire global power utility, AES Corp. (NYSE:AES), for $15 per share in cash
#Business
#oilprice.com. × #Mar.02.2026 Shipping Costs Surge as Insurers Drop War Risk Protection in Gulf | OilPrice.com. The world's biggest maritime insurers are terminating war risk coverage for vessels in the Persian Gulf and Strait of Hormuz effective March 5 due to the escalation of the conflict in Iran, which is ex
#Business #Asia #Iran
#oilprice.com. × #Mar.02.2026 Global Gas Markets Shocked as Qatar Ceases LNG Production | OilPrice.com. Qatar’s state-owned energy giant QatarEnergy has stopped all liquefied natural gas (LNG) production, shutting down the country’s entire LNG output after Iranian drone strikes hit its major facilities a
#Business #Asia #Iran #Qatar
#oilprice.com. × #Mar.02.2026 Drone Strike Halts Saudi Arabia's Largest Oil Refinery | OilPrice.com. A widening cycle of drone strikes and geopolitical retaliation across the Middle East has forced the shutdown of major energy facilities, including Saudi Arabia's largest oil refinery, tightening regio
#Business
#oilprice.com. × #Mar.02.2026 Pakistan Reroutes Oil Supply as Strait of Hormuz Crisis Escalates | OilPrice.com. Pakistan may seek inclusion in Saudi Arabia’s preferred buyers for crude exported via the Red Sea.
#Business #Asia #Pakistan
#oilprice.com. × #Mar.02.2026 Fire Disrupts Operations at Ecuador’s Biggest Refinery | OilPrice.com. A fire at the charging pumps of the SEVIA unit forced Ecuador's state firm Petroecuador to preemptively and temporarily suspend operations at the 110,000 barrel-per-day Esmeraldas refinery, the third s
#Business
#oilprice.com. × #Mar.02.2026 Diesel Jumps 17%, Outpacing Crude Oil After Weekend Conflict | OilPrice.com. The price of diesel futures soared 17% following the escalation of the Iran conflict over the weekend, as supply from the Middle East, particularly through the Strait of Hormuz, faces acute disruption,
#Business #Asia #Iran
#oilprice.com. × #Mar.02.2026 India Mulls Return to Russian Oil as Iran War Halts Middle East Flows | OilPrice.com. India, the world's third-largest oil importer, is considering a return to buying Russian crude from Asian floating storage following major disruptions to Middle Eastern oil flows caused by the war in I
#Business #Russia #Europe #Asia #India #Iran
#oilprice.com. × #Mar.02.2026 Ukrainian Drones Strike Major Russian Oil Export Hub on Black Sea | OilPrice.com. Ukrainian drones struck and set fire to the critical Transneft Sheskharis oil loading terminal at Russia's Novorossiysk port, further escalating the disruption to Black Sea oil exports.
#Business #Russia #Ukraine #Europe
#oilprice.com. × #Mar.02.2026 Goldman: Asian and European LNG Prices Could Jump 130% | OilPrice.com. The escalating conflict in the Middle East is delaying crucial liquefied natural gas shipments via the Strait of Hormuz, putting severe upward pressure on spot LNG prices in Asia and the European natur
#Business #Europe #Asia
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