DP World to invest USD 3 billion for global expansion as Middle East disruption hits profit
The company has reported a 39% fall in first-half net profit to USD 585 million, even as revenue increased 13.1% year on year to USD 12.7 billion...
Tag : Strait of Hormuz
Glencore registers massive energy trading profits, pushes ahead with Australia listing
Glencore booked USD 2.66 billion in H1 adjusted EBIT from energy trading, up from just USD 40 million a year earlier...
IF Insights: Oil giants see Iran war windfall, bill lands somewhere else
Exxon, Chevron, Shell, BP and TotalEnergies earned close to USD 47 billion in the Q2 2026. Almost none of it came from doing anything new....
Aramco posts 44% profit rise as higher oil prices boost energy sector earnings
The world's top oil exporter posted net profit of USD 32.69 billion in the three months ended June 30, compared with USD 22.67 billion a year earlier...
Crypto’s long bleed: How geopolitics and a hawkish Fed broke the 2026 market
While three straight quarters of losses have hammered the digital assets since October 2025, the second half of 2026 now rests on external variables...
How the Iran war rewired the world’s energy habits in just five months
The lesson governments appear to be drawing from this crisis is not ‘decarbonise faster’ or ‘drill more’; it is, reaching for whatever domestic resource is available...
TotalEnergies posts strongest quarter in nearly three years, plans Arctic LNG 2 exit
TotalEnergies also sees its production growing significantly in the Q3, although exports will still be dependent on the situation along Strait of Hormuz...
Iran war: Higher fuel costs weigh on UK carriers’ earnings outlook
Ryanair's profit slumped by a third in the Q2, with the budget carrier further anticipating a downfall in its summer fares amid 'consumer nervousness'...
Iran war: US backs Iraq-Syria pipeline revival to reduce Hormuz oil risk
The restoration of the 800km pipeline has emerged as a strategic priority after the Iran conflict exposed the vulnerability of the Gulf’s main energy corridor...
Iran war: With just weeks of jet fuel stocks left, how vulnerable is Europe?
Renewed US-Iran strikes threaten to unwind months of frantic effort by European refiners and airlines to keep reserves above crisis levels...