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WTI crude rose above $70/bbl, up 1.64% on the day.
2026-07-07
WTI crude rose above $70/bbl, up 1.64% on the day.
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2026-07-08
According to Iran's Fars News Agency, Iranian Major General Razai stated that it is clear the United States will cause the negotiations to fail.
According to Iran's Fars News Agency, Iranian Major General Razai stated that it is clear the United States will cause the negotiations to fail.
2026-07-07
Germany's economics ministry plans a state-owned strategic natural gas reserve to guard against extreme disruptions, a person familiar with the plan said. The reserve would hold about 24 TWh—roughly 10% of Germany's gas storage. Initial build, gas pr
Germany's economics ministry plans a state-owned strategic natural gas reserve to guard against extreme disruptions, a person familiar with the plan said. The reserve would hold about 24 TWh—roughly 10% of Germany's gas storage. Initial build, gas procurement and injection costs are estimated at €1.2–1.5 bln, to be incurred in 2027–28, with annual operating costs of €150–180m. The cabinet is expected to consider the proposal in mid‑August. Funding would be raised via a surcharge on gas consumers.
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