Oil Conundrum: Record Inventory Draws And Stable Crude Prices

Trump Calls On Putin To Reach Deal With Ukraine After Zelenskyy Meeting Authored by Emel Akan via The Epoch Times, U.S. President Donald Trump kicked off his G7 summit meetings on June 16 in the French spa town of Evian-les-Bains, joining a roundtable discussion with Ukrainian President Volodymyr Zelenskyy and other G7 leaders. (L-R) U.S. President Donald Trump, French President Emmanuel Macron, and Ukrainian President Volodymyr Zelenskyy take part in a working session at the G7 summit in Evian-les-Bains, France, on June 16, 2026. Thibault Camus / POOL / AFP "We had a...

Ayatollah Killed After Strikes On Iran, Israel Claims Summary: Currently, the biggest question is where's the Ayatollah? Iran state TV teased an imminent speech to address the nation after the major US-Israeli attack, and in the wake of Iran's retaliation on US regional bases - and the Gulf countries hosting them. There were earlier rumors that Supreme Leader Ali Khamenei was killed, but nothing is verifiable. He could be deep in a hidden underground bunker, at a command post, known only by his closest IRGC associates. There are also unverified reports that...

Qatar Asks Vessels At Key LNG Port To Go Dark for Safety Submitted by Charles Kennedy of OilPrice.com Qatar has requested LNG vessels near its Ras Laffan LNG port to switch off their transponders as part of safety measures at the key export port of the world’s second-largest LNG exporter before the war, anonymous sources with knowledge of the plan told Bloomberg on Tuesday.   The de facto closure of the Strait of Hormuz has trapped about 20% of daily global LNG flows, mostly those previously shipping out of Qatar and part of...