US Oil Production Hits Record High in 2025, Defying Expectations Despite Lower Drilling Activity

US oil production has surged to an all-time high of nearly 21 million barrels per day in May 2025, marking 50% growth in just four years. Despite a five-year low in active fracking crews, American shale producers are drilling faster, extending well reach, and cutting costs to achieve record output. This in-depth analysis explores the …

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Israel Strikes Iranian South Pars Gas Field in Escalating Conflict: Global Energy Markets on Edge

Israel Strikes Iranian South Pars Gas Field:In a dramatic escalation of the Israel-Iran conflict, Israel has directly targeted Iran’s vital South Pars gas field, striking the Phase 14 processing facility and triggering fires that shut down key infrastructure. The attack—impacting two-thirds of Iran’s domestic gas supply—marks the first direct hit on energy infrastructure in the …

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