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Home > Latest

Lates News

date
11/03/2026
Maersk will introduce a temporary emergency fuel surcharge.
Latest
10 m ago
Speaker of the House Johnson downplayed concerns about the skyrocketing gas prices in the United States during military action in Iran, calling it just a "temporary fluctuation" that will quickly resolve once the conflict ends. When asked if Americans can tolerate gas prices exceeding $5 per gallon, Johnson dismissed those concerns. Johnson said, "I believe the scope and mission of this action have been carefully designed and limited. I think the mission is almost completed. And even the commander-in-chief himself has stated in the past 24 hours that the action is coming to an end, so gas prices will adjust accordingly." He suggested that the rise in gas prices may be due to "the regime there" closing the Strait of Hormuz, adding "the Strait of Hormuz will reopen in a few weeks and gas prices will fall." Johnson continued, "So this is just a temporary fluctuation in the extraordinary trend of the United States returning to energy dominance. The evidence is clear and will continue to prove this point."
13 m ago
On Tuesday, due to global leaders assuring that policy intervention will mitigate the impact of the Iran war on energy prices, US crude oil futures continued to fall by over 15%. International Energy Agency director Birol stated that he has convened a "special meeting" of the government organization to assess the market situation on Tuesday. The G7 has requested the agency to develop a plan to release emergency oil reserves to address the market impact of the Middle East crisis. US President Trump earlier stated that he will send US naval escorts to escort oil tankers through the crucial Strait of Hormuz. Nevertheless, if the Strait of Hormuz is actually closed due to the Iran war, producers face greater production pressure every day, resulting in prices being over 40% higher than at the beginning of the year.
14 m ago
Wall Street regulatory agencies seek to enhance enforcement efforts and coordinate inspection work.
14 m ago
U.S. natural gas futures extended losses, falling by 5%, due to declining global energy prices and mild weather forecasts in the United States.
15 m ago
Insiders reveal that NATO ambassadors are planning to hold a meeting with Gulf partners next week.
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