Strait Of Hormuz

Goldman Sachs said on Monday that Brent crude could top $120 a barrel in the fourth quarter this year and average $100 a barrel next year if flows through the Strait of Hormuz remain disrupted and... 

The global oil refining industry is flashing warning signs. The supply chain for the products that fuel the global economy is under growing stress as conflicts in the Middle East and Russia ripple... 

If the US and Iran do not increase oil flowing through the Strait of Hormuz soon, the world should worry about energy security, International Energy Agency (IEA) executive director Fatih Birol said... 

Record global electricity demand last year was met entirely by low-carbon sources, resulting in fossil fuels generation being substituted rather than supplemented, the Energy Institute’s... 

Minerals Council South Africa economist André Lourens notes that the country's mining output contracted the first time in five months in May, which "proved particularly challenging on two fronts".... 

Diversified miner Rio Tinto posted better-than-expected second-quarter iron-ore sales on Wednesday, supported by strong operational performance, though it will need a stronger second half to meet... 

Oil prices rose on Tuesday to their highest in four weeks, as the US reimposed a naval blockade of Iran and renewed attacks between Washington and Tehran heightened concerns over energy flows... 

Following the latest hostilities in the US war with Iran, precious metals prices dropped across the board, with the gold price falling back below $4 100/oz and silver below $60/oz. In its latest... 

Vietnam is considering developing more coal-fired capacity to meet its power needs as the US-Iran war constrains supplies of liquefied natural gas (LNG). “Recent conflicts in the Middle East have... 

The latest Afrimat Construction Index (ACI) shows a marginal year-on-year increase of 0.3%. The first-quarter index was boosted by year-on-year increases of more than 5% in the value of both... 

Oil surged by more than 5% on Wednesday and global stocks and bond prices tumbled, as investors fled risk assets after US President Donald Trump said the memorandum of understanding signed with... 

Global oil output and trade flows should rebound fully by the end of this year from the disruptions caused by the Iran war, the US Energy Information Administration (EIA) said on Tuesday. Global... 

Japanese aluminium buyers agreed to pay premiums of $395 a ton for shipments between July and September, the highest since 2015, as the US-Israeli war on Iran squeezed supply, five sources involved... 

Oil prices settled around pre-Iran war levels on Monday as Saudi Arabia slashed its official selling prices, OPEC+ approved another production target increase starting in August, and exports... 

Minerals Council South Africa has reported that mining input cost pressures accelerated sharply in May, reflecting the transmission of higher global energy prices into the South African economy... 

Japan sharply reduced natural gas-fired power generation last month, instead relying more on coal, as disruptions around the Strait of Hormuz tightened supplies of the cleaner-burning fuel. The... 

Oil prices were little changed on Friday before a long holiday weekend in the US, as traders held on to hopes that attempts to secure peace in the Middle East between the US and Iran would... 

China's latest five-year energy plan confirms two seemingly contradictory positions: it will continue to be the world's leader in both renewable energy and coal. The trick is to view China's plans... 

JSE-listed Thungela Resources says it continues to monitor the impact of the ongoing conflict in the Middle East on its employees and the broader operating environment, noting that, to date, the...