Markets

The high-stakes negotiations between the US and Iran in Islamabad on Apr. 11 failed to produce a breakthrough, resulting in both delegations walking away from the table after 21 hours of intense dialogue.

The global energy market endured a historic week of price discovery as crude oil futures grappled with the

The week of Apr. 13–17, 2026, begins under a cloud of renewed volatility following the total collapse of the 21-hour Islamabad negotiations on Apr. 12.

Recently, OPEC+ has decided to adjust production targets for May 2026 against a backdrop of regional warfare and severe logistical bottlenecks in the Strait of Hormuz.

The US is facing the disconnect between regulatory efforts to stabilize domestic fuel markets and the physical realities of declining drilling activity and record-high export incentives.

There is an intensifying ideological divide within Canada’s leadership regarding the fossil fuel sector, contrasted against a global supply crisis that has pushed Canadian crude prices to historic highs.

Amidst severe global supply disruptions caused by the closure of the Strait of Hormuz—which has blocked 20% of the world's oil—non-OPEC producers in the Americas have emerged as vital pillars of energy security.

Chinese and Indian refiners are rapidly pivoting toward previously sanctioned Iranian, Russian, and Venezuelan crude as US-led diplomatic waivers and a fragile ceasefire in the Mideast reorganize global energy trade.

The closure of the Strait of Hormuz has forced a dramatic restructuring of energy security in East Asia.

The effective closure of the Strait of Hormuz has sparked an energy crisis surpassing the combined impact of the 1973 and 1979 shocks.