Energy Secretarys Erroneous Post Roils Oil Markets
#OilMarkets #MisinformationA deleted social media post from Trump's Energy Secretary falsely claiming a U.S. Navy escort in the Strait of Hormuz caused a brief oil market frenzy, erasing millions in value before being corrected by the White House. read more
#Geopolitics #OilMarkets
Russia emerges as the primary beneficiary of the Strait of Hormuz closure, as India and China increase purchases of its oil. The disruption blocks Gulf supplies, forcing the world's largest energy importers to seek alternatives. read more