Ukrainian drone strike kills 5 civilians in Crimea | Russia-Ukraine conflict

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Oil

Global aviation shock harbinger of broader crisis – Putin envoy
The crisis is bound to hit other industries, triggering food shortages and energy lockdowns, Kirill Dmitriev believes
May 6, 2026 15:08
Hormuz and the end of the old oil order Opinion
The Middle East conflict makes clear that great‑power politics now matter as much as OPEC quotas and output
May 6, 2026 06:26
Global oil shortages to hit within weeks – Chevron CEO
Concerns over availability will soon replace fears about price, according to Mike Wirth
May 5, 2026 14:27
Canada’s most oil-rich province could vote on breaking away
A pro-independence movement in Alberta says it has gathered enough signatures to trigger a referendum
May 5, 2026 02:18
UAE exits another oil exporters’ group
The move comes just days after the Gulf nation broke with OPEC and OPEC+, citing the need to gain more flexibility over oil output
May 4, 2026 13:59
Putin envoy names ‘first victim’ of historic energy crisis
Spirit Airlines announced it was shutting down immediately following a failed Washington bailout bid and a surge in oil prices
May 3, 2026 14:58

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