Tag: energy

US inflation acceleration in May hit 4.2% from energy price spikes, but core CPI softened to 2.9%, surprising economists and easing market concerns.

Strait of Hormuz tensions escalate global oil stakes as a geopolitical standoff between the US and Iran threatens energy supplies. Will a partial reopening ease

Seatrium eyes $28 billion in new offshore projects as energy supply concerns rise with higher oil prices.