European Union diplomats said they expect to reach a deal during an EU summit this week on an 18th package of sanctions against Russia, which Slovakia and Hungary are using as a bargaining chip for concessions on Russian energy.

Israel and Iran appeared to be honoring a ceasefire agreement unexpectedly announced by US President Donald Trump overnight, after the American leader reacted angrily to early breaches of the deal by both sides.

U.S. strikes on several Iranian nuclear sites represent a meaningful escalation of the Middle East conflict that could lead Tehran to disrupt vital exports of oil and gas from the region, sparking a surge in energy prices. But history tells us that any disruption would likely be short-lived.

By Curtis Williams HOUSTON, June 22 (Reuters) – The Shell-led SHEL.L LNG Canada project has produced the first liquefied natural gas for export from its facility in Kitimat, British Columbia, two people familiar with the startup...

By Alex Longley and Yongchang Chin Jun 21, 2025 (Bloomberg) –The oil market has been wrestling for days with Donald Trump’s next act in an escalating Middle East conflict. Now American...

By Natalia Siniawski MEXICO CITY, June 21 (Reuters) – Russia is ready to supply liquefied natural gas (LNG) to Mexico and share energy sector technologies, the Russian embassy in Mexico said on Saturday on...

By Vladimir Soldatkin and Olesya Astakhova ST PETERSBURG, Russia, June 21 (Reuters) – Rosneft ROSN.MM CEO Igor Sechin, one of the most influential men in Russia’s energy sector, said on Saturday that China was seeking complete energy independence...

Sellers of Iranian oil to China are offering deeper discounts this month as they look to reduce inventories and as independent refiners slow their buying due to a jump in crude prices, traders and analysts said.

The firm building what will become the largest port in India plans to raise as much as 300 billion rupees ($3.5 billion) of debt, giving lenders an opportunity to invest in one of the cornerstones of Prime Minister Narendra Modi’s infrastructure overhaul.

The American Bureau of Shipping (ABS) has issued approval in principle (AIP) to HD Hyundai Heavy Industries (HHI) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for an innovative...

China’s largest shipping company is among the firms in talks to invest in a multinational consortium seeking to buy billionaire Li Ka-shing’s global ports, according to people familiar with the matter, in an effort to ease Beijing’s concerns over the controversial deal.

While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are providing a good real-time gauge of the escalating risks.