Stories tagged “Global Energy Markets.”
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US President Donald Trump has admitted to serious ammunition shortages in the US army, citing issues with supplies of some weapons. This comes amid reports that the US has depleted significant portions of its advanced munitions stockpiles after five months of futile milit…
Oil prices fell to their lowest levels in nearly three weeks following reports of progress in US-Iran negotiations aimed at reopening the Strait of Hormuz to commercial shipping.
Philippines Seeks Long-Term Oil Supply Deal With Russia
The Philippines is seeking a long-term oil supply deal with Russia. The country aims to diversify its energy sources and reduce dependence on traditional suppliers.