The global conversation around oil is no longer just about supply disruptions or higher fuel costs. It is increasingly about currencies, financial influence, and whether the foundations of the petrodollar system are beginning to shift.

Petrodollar faces new questions amid Iran war

Iran war exposes cracks in the petrodollar as oil trade turns increasingly fragmented

Beloved Citroen 2CV revived as electric car

Reborn 2CV aims to democratize electric mobility with sub-€15,000 price tag

This photograph shows a sticker sticked on a Citroen 2CV vehicle, parked at a camp during the 25th World Meeting of 2CV Friends in Postojna, Slovenia on July 30, 2025.

Venezuelan leader to travel to India for oil talks

US-backed Caracas seeks to boost oil exports amid India’s post-Iran supply crunch

Handout picture released by Venezuelan Presidency shows Venezuela's interim President Delcy Rodriguez meeting with US Assistant Secretary of Energy Kyle Haustveit at Miraflores presidential palace in Caracas om April 14, 2026.

BP faces lawsuit over alleged toxic dumping in Kenya

Decades-old oil exploration in Kenya sparks lawsuit over toxic legacy for BP

A customer fills up his car at a BP fuel station. File photo taken on May 21, 2026 in Skokie, Illinois.

US oil reserves fall to lowest level in 2 years — EIA

Emergency US oil reserves hit near two-year low amid global supply shock

The US Strategic Petroleum Reserve (SPR) is the world’s largest supply of emergency crude oil, with a storage capacity of 714 million barrels in four underground salt caverns along the Gulf Coast, as per the US Department of Energy.

Philippine EV chargers: Red tape, patchwork rules

Regulatory bottlenecks, uneven LGU rules, slow permitting drive investor reluctance

Filipino businessman Glenn Cuarto, a former OFW from the UAE, charges his Tesla Model 3 at a local mall (SM City Iligan, in Mindanao). Plug-in car sales have jumped 600% in February alone, before the Middle East war erupted.

Brent down 5%, Murban slides 3.8%, WTI below $100

Supertankers resume risky Hormuz transits after two-month Gulf delay

Marine traffic around Hormuz Straight as of early Thursday (May 21, 2026). Industry guidance still highlights high risks with every crossing as uncertainty persists over conditions in the Gulf.

Hormuz bypass pipeline nearly 50% complete: ADNOC CEO

UAE has been fast-tracking Fujairah export expansion as ADNOC targeted 2027 completion

Dr Sultan Ahmed Al Jaber during a live-streamed event hosted by the Atlantic Council.

Why Pakistan is reopening offshore energy exploration

Islamabad eyes $1 billion investment push to unlock untapped reserves

Officials attend the signing ceremony marking Pakistan’s return to offshore oil and gas exploration after a two-decade hiatus.

Green steel may save India $tr in coal imports: Report

Shift to hydrogen-based steelmaking promises major savings, export edge

Green steel may save India $1 trillion in coal imports: Report

US crude futures fall, Brent down nearly 3%

Crude pulls back from prior gains amid pause in US military action on Iran

US crude futures fall, Brent down nearly 3%

Buying Russian oil? US Treasury just made it easier

Move aims to stabilise crude markets, curb China stockpiling and aid energy-poor states

The Mozambican-flagged oil tanker "Deyna", carrying Russian oil, is seen off the coast near the Rainaires beach, close to Port-de-Bouc, in Martigues, France. File photo taken on March 25, 2026.

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