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Industry News from Energy Services

  • March 2nd, 2026

European Gas Jumps 28% as Middle East War Threatens Global Flows

European natural gas surged after fighting across the Middle East raised fears of a major disruption to global energy supplies, with traders watching how long ship traffic through the Strait of Hormuz will remain halted. ›

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  • March 2nd, 2026

Oil surges 9% as Iran conflict disrupts Middle Eastern supply flow

Oil prices surged 9% on Monday after shipping in the crucial Strait of Hormuz was disrupted by retaliatory Iranian attacks following initial bombing by Israel and the United States that killed Iranian Supreme Leader Ali Khamenei. ›

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