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Spiking energy prices, more U.S. tariffs, and mushrooming spending on artificial intelligence are reawakening investors' inflation fears.
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Crude declined after reports on US-Iran diplomacy and continued Red Sea oil flows reduced immediate supply concerns.
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The company, which helps clients drill oil wells and map underground pockets of crude, said the conflict is encouraging customers to spread investment across more regions.
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Rystad Energy mapped four potential U.S.-Iran conflict scenarios to assess their impact on oil prices.
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Offshore Energies UK announced that its CEO, David Whitehouse, had a 'constructive meeting' with the UK's new Secretary of State for Energy.
