Energy

Published: 14 September 2026. The English Chronicle Desk. The English Chronicle Online. Oil prices moved higher on Monday after a series of drone attacks forced Saudi Arabia to shut its strategically important East-West crude pipeline, intensifying concerns over the security of global energy supplies at a time when oil and gas markets are already facing significant disruption across the Middle East. Brent crude, the international benchmark for oil prices, rose...

Published: 12 September 2026. The English Chronicle Desk. The English Chronicle Online. Saudi Arabia has temporarily halted operations on a strategically important oil pipeline after authorities said several drones launched from Iraqi territory targeted the facility, causing injuries and damage. The incident has added fresh pressure to an already fragile regional energy and security situation, with Saudi Arabia increasingly relying on the pipeline to transport crude oil while the Strait...

Published: 29 August 2026 .The English Chronicle Desk. The English Chronicle Online. US President Donald Trump has announced a new oil agreement with Venezuela that he says will give the United States majority control over more than 65 billion barrels of proven Venezuelan oil reserves, in a move that could significantly reshape the economic relationship between Washington and Caracas. Trump announced the agreement on Friday, describing it as a major...

Published: 25 March 2026. The English Chronicle Desk. The English Chronicle Online. The Philippines energy emergency has been declared as global tensions continue disrupting fuel supplies worldwide. President Ferdinand Marcos Jr. announced urgent measures after warning that the ongoing Middle East conflict threatens national stability. Officials say the Philippines energy emergency reflects growing fears over dwindling reserves and volatile international energy markets. The declaration came swiftly after government advisers confirmed...