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Serbian Energy Minister: Construction of Serbia's first nuclear power plant may begin within seven years.

2026-10-09

Serbian Energy Minister: Construction of Serbia's first nuclear power plant may begin within seven years.

Other News
2026-10-09

WTI crude oil futures fell 1.00% intraday to $90.57/bbl.

WTI crude oil futures fell 1.00% intraday to $90.57/bbl.
2026-10-09

Vitol CEO Russell Hardy said ship-to-ship transshipments in the Gulf of Oman are sustaining Middle East exports and warned that without them oil could reach $200/bbl, adding Western inventories have little left to draw on. STS activity has surged in

Vitol CEO Russell Hardy said ship-to-ship transshipments in the Gulf of Oman are sustaining Middle East exports and warned that without them oil could reach $200/bbl, adding Western inventories have little left to draw on. STS activity has surged in recent weeks; some estimates put flows through the Strait of Hormuz at or above pre-war ~20 mln b/d. Hardy said the energy shock is turning into a shipping crisis: shuttle movements through the Strait are highly inefficient, tying up global tanker capacity and driving freight to record levels. Data show average daily earnings for crude tankers topped $500,000/day in early October, roughly ten times the 2025 average. Saudi-to-Rotterdam transport costs have jumped from about $2/bbl to over $35/bbl, adding further upward pressure on fuel prices.
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