06/03/2026 – Qatar’s energy minister: if the war continues, crude oil will exceed $150/bbl and gas will exceed €100/MWh – Read more news

GAS & POWER: According to various rumors, the Chinese government is in talks with Tehran to reopen the Strait of Hormuz, with the aim of resuming the passage of oil tankers and LNG carriers. Ships flying the Beijing flag, together with Iranian ships, are currently the only ones observed sailing in the area.

OIL: Crude oil markets reached their highest levels since 2024, seeing temporary profit-taking yesterday evening after the US administration hinted that measures would soon be taken to curb the recent rise in prices. Meanwhile, the United States has granted the first exemptions to third countries, with India at the forefront, for the resumption of Russian crude oil purchases.