Energy News Beat J.P. Morgan has issued a stark warning to energy markets: oil prices could spike to $120–$130 per barrel in the near term, with a real risk of surging above $150 per barrel if supply disruptions through the Strait of Hormuz persist into mid-May. In comments to The Times, JPMorgan’s global head of […]
Energy News Beat The Strait of Hormuz, one of the world’s most critical energy chokepoints, saw dramatically reduced maritime traffic in March 2026 amid ongoing regional tensions following U.S.-Israeli strikes on Iran and subsequent Iranian restrictions on shipping. According to data shared by MarineTraffic and analytics firm Kpler, a total of just 220 vessels transited […]
Energy News Beat The United Kingdom once stood as an industrial powerhouse, fueled by abundant domestic oil, gas, and coal reserves that powered manufacturing, jobs, and economic growth. Today, that foundation is crumbling under the weight of Net Zero policies, sky-high energy taxes, regulatory barriers, and a deliberate shift away from reliable hydrocarbons. A powerful […]
