Day: December 20, 2025

Sanctions through Drone Strikes now in the Mediterranean

Energy News Beat In a bold escalation of its campaign against Russia’s shadow fleet, Ukraine has carried out its first drone strike on a Russian-linked oil tanker in the Mediterranean Sea, marking a significant expansion of the conflict beyond the Black Sea region. The attack on the Oman-flagged tanker Qendil, which occurred off the Libyan […]

US Oil Drillers Drop 6 Rigs This Week According to Baker Hughes: What Is the Impact to Consumers and Investors?

Energy News Beat In the latest Baker Hughes weekly report, the US oil and gas rig count declined, reflecting ongoing challenges in the energy sector amid fluctuating prices and market pressures. The total active drilling rigs fell by 6 to 542 for the week ending December 19, 2025. This drop continues a trend of reduced […]