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Aramco Shuts Jazan Refinery After Houthi Missile and Drone Strike

Damage to the plant’s power‑generating IGCC unit has halted output, raising risks of tighter regional fuel supplies plus higher prices.

U.S. Pauses Strikes on Iran to Let Diplomacy Proceed

EAS Foreign Ministers Move to Affirm Right to Transit Straits Without Naming Hormuz

Bank of Korea Signals Likely Rate Hike After Governor’s Parliamentary Remarks

U.S. Drives One-Third of Global Rise in Energy CO2 in 2025

Bonn Talks Deliver Technical Steps but Fail to Resolve Finance and Science Deadlocks

U.S. Defense Chief Warns of China’s Military Rise and Urges Allies to Spend More

Iran Tightens Grip on Hormuz With Controlled Ship Passages

Kuwait’s Crude Exports Drop to Zero in April, Ship Tracker Says

UAE Leaves OPEC+, Weakening the Group’s Price Leverage

Wong Begins Asia Trip With Tokyo Talks on Fuel Security

Middle East Conflict Squeezes PCB Materials, Driving April Price Spike

U.S. Intercepts Sanctioned ‘Shadow Fleet’ Ship Sevan, Escorts It Back Toward Iran

U.S. Extends Narrow Waiver for Russian Oil at Sea After Appeals From Vulnerable Nations

Fuel Shock Puts Renewables to the Fore as COP31 Leaders Push Shift and 53 Nations Prepare Phaseout Talks

Japan Exports Beat Forecasts as Import Costs Climb, Cutting March Surplus

Forecasters Say El Niño Is Likely Within Months, Strength Uncertain

U.S. Extends Waiver Allowing Sale of Russian Oil on Ships Through May 16

U.S. Renews One-Month Waiver for Russian Oil Cargoes Already at Sea

7‑Eleven to Close 645 U.S. Stores in 2026 as It Shifts to Larger, Food‑Led Formats