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World news
fromwww.aljazeera.com
18 hours ago

Maritime insurers cancel war risk cover in Gulf: Will it spike energy cost?

Insurance companies are cancelling war risk coverage for Middle East Gulf vessels as US-Israel-Iran conflict disrupts shipping, damages tankers, and strands approximately 150 ships near the Strait of Hormuz.
Miscellaneous
fromFortune
2 days ago

OPEC+ to resume oil output increases as Iran conflict rages | Fortune

OPEC+ increased oil production by 206,000 barrels daily in April amid Middle East tensions, though the modest hike may prove insufficient to stabilize markets threatened by potential Strait of Hormuz disruptions.
World news
fromFortune
3 days ago

OPEC+ to weigh bigger hike after Iran strike, delegates say | Fortune

OPEC+ will consider larger supply increases at Sunday's meeting following US-Israel attacks on Iran, potentially exceeding the planned 137,000 barrels-per-day increase.
fromwww.cbc.ca
8 months ago

Alberta's oilsands to hit record production high in 2025 | CBC News

The increased trajectory for Canadian oilsands production growth amidst a period of oil price volatility reflects producers' continued emphasis on optimization and the favourable economics that underpin such operations.
Canada news
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