Oil and Gas | The Eastern Herald

Brent crude oil price surges above $110 per barrel amid global energy market crisis

Brent Crude Surges Past $110 Per Barrel for First Time Since 2022

MOSCOW — Global oil markets surged into turmoil late Sunday as the price of Brent crude oil climbed above $110 per barrel for the first time since July 2022, marking one of

April 2, 2026

Economy·News

US Embassy in Riyadh after drone attack during Israel Iran war escalation

US Orders Diplomats to Flee Saudi Arabia Amid Fears of Wider Middle East War

WASHINGTON — The United States has ordered the emergency departure of American diplomatic personnel from Saudi Arabia, according to media reports, a dramatic signal of mounting concern in Washington as the Middle

April 2, 2026

Conflicts, Military and War·News

Oil tankers anchored near the Strait of Hormuz during the 2026 Gulf conflict disrupting global oil exports

Iraqi Oil Production Collapses as Strait of Hormuz Blocked by War

The widening war across the Persian Gulf has triggered one of the most severe disruptions to global energy markets in decades, with Iraqi oil production collapsing after tanker traffic through the strategic

March 9, 2026

Business·Economy·News

EU energy crisis as gas prices surge and threaten European industrial competitiveness

EU Faces Long-Term Competitiveness Crisis as Energy Costs Surge, RDIF chief Dmitriev Warns

MOSCOW — Europe’s economic outlook is increasingly clouded by soaring energy prices, with Russian Direct Investment Fund (RDIF) chief Kirill Dmitriev warning that expensive energy could undermine the European Union’s competitiveness for

March 9, 2026

Economy·News

Smoke rises over Tehran after Israeli airstrikes on Iranian oil facilities

Tehran Says US Bases in Middle East Are “American Territory” Used for War

TEHRAN — As the war triggered after Israel launched a major military campaign against Iran in late February, Tehran has issued a blunt warning to Washington and its regional partners: US military

March 9, 2026

Conflicts, Military and War·News

Venezuelan gold bars destined for US refineries after Minerven-Trafigura export deal

US Extracts $100M Venezuelan Gold After Maduro’s Capture and Control of Resources

WASHINGTON — The United States has received roughly $100 million worth of Venezuelan gold this week, marking a new phase in Washington’s expanding control over the South American nation’s strategic resources following

March 8, 2026

Economy·News

USS Abraham Lincoln aircraft carrier deployed in Middle East after Israel attacks Iran

Iran Fires Missile Toward USS Abraham Lincoln, Vows Escalating Attacks on US and Israel

TEHRAN — Iran’s armed forces said Friday that a naval missile system launched a surface-to-sea missile toward the US aircraft carrier USS Abraham Lincoln, marking a dramatic escalation in the widening war

March 7, 2026

Conflicts, Military and War·News

US Victoria military base at Baghdad International Airport targeted by Iraqi resistance rocket attack

Islamic Resistance in Iraq Hits US Logistics Hub at Baghdad Airport, Targets Victoria Base

BAGHDAD — Fighters belonging to the Islamic Resistance in Iraq said they carried out a rocket strike on a US military installation housing a logistics support center near Baghdad International Airport, marking

March 7, 2026

Conflicts, Military and War·News

LNG storage tanks and tanker ships at Zeebrugge LNG terminal in Belgium

Belgium Imported 38% of Its LNG From Russia Despite EU Plan to Ban Russian Gas

Belgium imported a significant share of its liquefied natural gas (LNG) from Russia over the past six months, even as the European Union prepares sweeping measures to phase out Russian energy supplies.

March 7, 2026

News

Oil tanker sailing through the Strait of Hormuz during Middle East shipping crisis

Dynacom Tankers Continue Sailing Through Strait of Hormuz as Shipping Traffic Collapses

The Strait of Hormuz, one of the world’s most critical maritime chokepoints for energy supplies, has become a dangerous corridor of geopolitical tension after the outbreak of war between Iran and a

March 7, 2026

News

Oil and Gas- Page 39

Brent Crude Surges Past $110 Per Barrel for First Time Since 2022

US Orders Diplomats to Flee Saudi Arabia Amid Fears of Wider Middle East War

Iraqi Oil Production Collapses as Strait of Hormuz Blocked by War

EU Faces Long-Term Competitiveness Crisis as Energy Costs Surge, RDIF chief Dmitriev Warns

Tehran Says US Bases in Middle East Are “American Territory” Used for War

US Extracts $100M Venezuelan Gold After Maduro’s Capture and Control of Resources

Iran Fires Missile Toward USS Abraham Lincoln, Vows Escalating Attacks on US and Israel

Islamic Resistance in Iraq Hits US Logistics Hub at Baghdad Airport, Targets Victoria Base

Belgium Imported 38% of Its LNG From Russia Despite EU Plan to Ban Russian Gas

Dynacom Tankers Continue Sailing Through Strait of Hormuz as Shipping Traffic Collapses

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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