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Geopolitical tensions in Iran, including potential Strait of Hormuz closure, are set to benefit alternative oil suppliers like Brazil, Canada, and Norway, while also accelerating global green energy transition efforts.
The Ghawar oil field in Saudi Arabia, the world's largest, significantly impacts global oil prices, national economies, and geopolitical decisions.
NY futures show volatility as Brent crude surges past $126/barrel, hitting a 4-year high, while Big Tech earnings shape global market sentiment.
Researchers convert methane to methanol using plasma and water, creating a green fuel. This innovation could reshape energy markets and impact companies like $PBR.