TotalEnergies SE
Work from home, drive slower and don’t use gas cookers: IEA advice on weathering the global energy crisis
FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, appearing to run out of space to contain a historic supply glut that has hammered prices, in Cushing, Oklahoma, March 24, 2016. Picture taken March 24, 2016. Nick Oxford | Reuters Supply measures alone won’t be enough to mitigate “the […]
Read More
Asia markets track losses on Wall Street, extending market rout on Iran war impact
Pump jacks operate in a field on March 11, 2026 in Gillett, Texas. Brandon Bell | Getty Images Asia-Pacific markets mostly declined Friday following volatile trading on Wall Street overnight as investors sold assets from government bonds to equities and metals amid the Iran war. Tehran attacked the world’s largest gas plant in Qatar, causing […]
Read More
$166 a barrel? Middle East oil gives clue to where all prices could be headed if Iran war drags on
The extreme spike in oil prices seen in local markets in the Middle East could give investors a glimpse into to where U.S. and Europe prices are headed if the Strait of Hormuz isn’t opened soon. Dubai crude oil prices surpassed $166 a barrel to a new record high on Thursday, according to market data […]
Read More
Government bonds face ‘perfect storm’ as Iran war rattles Europe’s central banks
Europe’s sovereign bonds are facing “a perfect storm” after new inflation fears sparked by the Iran conflict forced the region’s central banks to signal a new course for interest rates on Thursday, sending yields soaring. The Bank of England left interest rates unchanged at 3.75% on Thursday, with the European Central Bank also holding steady […]
Read More
Gulf states have tolerated Iranian strikes so far — but their ‘defensive’ stance won’t last forever
Fire and plumes of smoke rise from an oil facility in Fujairah, United Arab Emirates, Saturday, March 14, 2026. Altaf Qadri | AP Iran’s strikes are pushing Gulf states toward a breaking point, forcing a choice between restraint and retaliation. Iran’s Gulf neighbors have been repeatedly targeted and hit by Iranian drones and missiles as […]
Read More
European stocks tumble 2% as Iran war intensifies; miners lead losses
Vadimrysev | Istock | Getty Images LONDON — European stocks slumped on Thursday as the Iran war escalated further following attacks on Iranian and Qatari energy infrastructure. The pan-European Stoxx 600 was down 2.1% as of 12:10 p.m. in London (8:10 a.m. ET), with all major bourses in negative territory and all sectors except for […]
Read More
BP offloads German refinery to Klesch, boosts cost savings target
BP said on Thursday it would sell its German oil refinery site in Gelsenkirchen to investment firm Klesch Group for an undisclosed sum and raised its cost reduction target, in the latest move to simplify its portfolio and shore up its balance sheet. The transaction forms part of the British oil major’s $20 billion divestment […]
Read More
Europe’s central banks are no longer in a ‘good place’ as Iran war upends forecasts
A projection of a Euro currency sign is pictured on the facade of the European Central Bank (ECB) headquarters in Frankfurt am Main, western Germany, on Dec. 30, 2025. Kirill Kudryavtsev | Afp | Getty Images Before the war on Iran began in late February, Europe’s central banks enjoyed a more benign inflation outlook as […]
Read More
Trump warns to ‘blow up’ South Pars gas field in Iran if strikes against Qatar energy continue
An Iranian security personnel monitors an area in phase 19 of the South Pars gas field in Assalooyeh on Iran’s Persian Gulf coast 1,400 km (870 miles) south of Tehran on August 23, 2016. Morteza Nikoubazl | Nurphoto | Getty Images U.S. President Donald Trump on Wednesday stateside warned that if Iran continued targeting Qatar’s […]
Read More
Oil jumps 4% as Iranian retaliatory strikes on Qatar’s key energy facility stoke supply worries
A pumpjack stands at the Inglewood Oil field in Los Angeles, California on March 17, 2026. Patrick T. Fallon | Afp | Getty Images Oil prices extended gains as Middle East remains on the boil with strikes on energy infrastructure in the region fanning fears of a supply crunch. Qatar said Wednesday that Iranian missile […]
Read More