CRISIS MONTH RECAP: APRIL 1-14, 2026 This infographic recap details the unprecedented and dangerous escalation between the United States and Iran during April 2026. WEEK 1: THE STRAIT CLOSED (APRIL 1–7) 1. THE BLOCKADE BEGAN (APR 1-2): In a sudden move, Iran’s Revolutionary Guard (IRGC) sealed the Strait of Hormuz to all traffic. Teheran cited […] Read more
Oil giant Royal Dutch Shell said on Tuesday it will write down the value of its assets by up to $22 billion in the second quarter, after revising down its long-term outlook for oil and gas prices. It comes after the energy company announced in mid-April an ambition to reduce greenhouse gas emissions to net zero by […] Read more
Qatar’s Minister of State for Energy Affairs shared his thoughts on some of the major oil producers’ market moves in recent months, shedding disapproval on the March decision by Saudi Arabia and Russia to launch into a price war, which sent oil prices into free fall. “I think it was a very big mistake,” Saad […] Read more
