At the APPEC conference, industry leaders anticipate long-term supply constraints due to Middle East conflicts, shifting the oil market from short-term shocks to chronic shortages. S&P Global forecast
South Africa's Treasury launched a sustainable finance framework to raise $228 billion for green projects like hydrogen and bioenergy. The plan targets decarbonization despite challenges from high coa
Procter & Gamble warned of a $1 billion post-tax profit hit in fiscal 2027 driven by surging oil prices and commodity costs linked to Middle East conflicts. The impact covers plastics, paper packaging
S&P Global Energy reduced its 2026 global oil demand forecast by 700,000 barrels per day due to U.S.-Iran war disruptions. The conflict significantly impacts Middle Eastern and Asian demand growth and
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