The global oil market has been thrust into a period of significant volatility, with West Texas Intermediate (WTI) crude prices plummeting to levels not witnessed since 2021, marking a stark reversal from previous highs. This dramatic downturn, which has pushed year-to-date losses beyond the 20%
A Presidential Decree Sets the Caribbean Ablaze In a move that sent shockwaves through Washington and Wall Street, former President Donald Trump, in December 2025, announced via his Truth Social platform a "total and complete blockade" of Venezuela. Designating the Nicolás Maduro government a
A democratic showdown is unfolding in Alberta, where the provincial government has taken the unprecedented step of altering legislation to retroactively nullify a citizen-led initiative aimed at halting new open-pit coal mining. This move has ignited a firestorm of controversy, with opponents
The United Kingdom has embarked on a transformative journey in its energy policy, designating the historic Wylfa site on the Welsh island of Anglesey as the home for its inaugural Small Modular Reactors (SMRs). This landmark decision, announced in November 2025, represents not only the first new
A Landmark Ruling in a Decade-Long Financial Saga A U.S. judge has officially greenlit the $5.9 billion sale of shares in PDV Holding, the parent company of the prominent U.S. refiner Citgo Petroleum, marking a pivotal moment in a protracted legal and financial drama. This decision is not merely a
A Landmark Overhaul to Sever Historical Ties In a move that sends powerful shockwaves through the global commodities landscape, trading behemoth Gunvor has initiated a profound corporate overhaul designed to permanently sever its deep-rooted historical ties with Russia. Co-founder and CEO Torbjorn
