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Representative image of the United States Strategic Petroleum Reserve and oil infrastructure as the Trump administration authorises a 172 million barrel SPR drawdown while 32 International Energy Agency nations coordinate the largest emergency oil release in history to stabilise global crude markets.

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Representative image showing an oil tanker under attack in the Strait of Hormuz as tensions involving Iran’s Islamic Revolutionary Guard Corps raise fears of a major supply disruption that analysts warn could push global oil prices toward $200 per barrel.

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Haleon plc invests £65M in Shanghai oral health plant as China becomes central to its global growth strategy

Haleon (NYSE, LSE: HLN) bets on China’s oral health boom with £65m Shanghai manufacturing facility

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Energy Industry News

TotalEnergies secures 25% stake in Suriname’s Block 53 to expand offshore energy strategy

TotalEnergies acquires 25% stake in Suriname's Block 53 from Moeve, bolstering its offshore assets adjacent to the GranMorgu project.

byPallavi Madhiraju

June 30, 2025

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