Tengiz Disruption Lifts Brent Back to $65 ...Middle East

Oil markets are ignoring Trump’s Greenland drama as a fire at Kazakhstan’s giant Tengiz field tightens supply, lifting Brent back to $65. China Embraces Dominant Power-Producer Role - With China’s National Bureau of Statistics finally publishing data for December 2025, Beijing can now officially declare that 2025 saw the first annual drop in fossil-fuel power generation since 2015.- Thermal electricity generation amounted to 6.29 trillion kWh last year, down 1% from a year ago, even though coal output soared to another all-time…

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