Ship-tracking data shows tankers clustering at anchorages off Fujairah, Khor Fakkan and Sohar rather than transiting the Strait of Hormuz, as a US cargo levy, Iranian tolls and mining claims turn the waterway into a contested chokepoint.

Russia’s crude output declined to the lowest in at least two and a half years in June as Ukraine attacked the nation’s oil infrastructure on an almost daily basis. But LNG production remains untouched and exports to Europe are at record highs.

Ukraine has lost about half of its electricity generation capacity since the war began in February 2022, with flexible generating facilities among the hardest hit.

As Bangladesh gets close to attaining the status of a nuclear power-generating country, policymakers have begun weighing the option of setting up Small Modular Reactors (SMRs) or adding two more large reactors to the energy portfolio.