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TPAO expands Black Sea footprint with 33% stake in Bulgaria exploration license

- Türkiye's energy company joins Shell and OMV in exploring Black Sea block, located near Türkiye's Sakarya gas field

02.08.2026 Oil

bp puts North Sea portfolio up for sale in portfolio reshuffle

- Company says its North Sea business could realize greater value under new ownership while it focuses on strategic growth areas

01.08.2026 Oil

Oil slips after Saudi-led maritime coalition calms shipping concerns

- Markets focus on improving maritime security in Red Sea after Saudi Arabia unveils a multinational coalition and Houthis reassure commercial shippers

31.07.2026 Oil

QatarEnergy buys 33 spot US LNG cargoes to offset Hormuz disruption

- 28 cargoes have been delivered to customers in Asia, while remaining five are en route to South Korea, Taiwan and India

31.07.2026 Oil

Caspian Pipeline Consortium reports further attack on oil tankers at its Black Sea terminal

- CPC says 1 tanker targeted while loading oil at marine terminal in Russian port of Novorossiysk, while another attacked en route to receive oil

31.07.2026 Oil

Shell posts stronger Q2 earnings on higher prices, operational performance

- Strong refining performance, record Brazil output and higher energy prices lift second-quarter earnings despite Middle East disruptions

31.07.2026 Oil

Oil gains as US-Iran tensions escalate after Trump retaliation warning

- Brent crude edges higher as geopolitical risks surrounding the Strait of Hormuz outweigh broader market uncertainty

30.07.2026 Oil

US crude oil inventories down 1.7% in week ending July 24

- Daily crude oil production decreases to around 13.8 million barrels per day

30.07.2026 Oil

Türkiye-Iraq energy ties expand beyond oil transport with Kirkuk partnership

- TPAO's Kirkuk investment marks new era in Türkiye-Iraq energy ties by expanding cooperation from oil transit to joint production

30.07.2026 Oil

Red Sea tensions expose vulnerability of alternative oil export routes

- Alternative oil routes provide partial buffer against Hormuz disruptions but remain exposed to instability in Red Sea and around Bab el-Mandeb

30.07.2026 Oil , Energy Projects

Oil rebounds as fresh Middle East strikes revive supply fears

- US, Saudi strikes in Iraq and uncertainty over Hormuz lift crude prices

29.07.2026 Oil

Türkiye expands overseas energy footprint with Kirkuk oil project

- Project covers some of Iraq's largest oil fields and contains more than 3 billion barrels of oil equivalent resources

30.07.2026 Oil

Baker Hughes secures major order from Venture Global for CP2 LNG project

- Order covers six liquefaction blocks with 12 liquefaction modules under existing master equipment supply agreement

28.07.2026 Oil

Eni approves Cyprus Cronos gas project, targets first production in 2028

- Project supports Eni's ambition to exceed 20 mtpa LNG portfolio by 2030

28.07.2026 Oil

Oil extends losses as easing US-Iran tensions lessen supply concerns

- Shipping risks in Hormuz and Red Sea keep downside limited

28.07.2026 Oil

Oil prices fall around 6% on hopes for US-Iran diplomacy

- Markets remain cautious as risks to shipping through Strait of Hormuz and Bab el-Mandeb Strait persist

28.07.2026 Oil

Oil rally lags initial war surge as Trump's election calculus caps price fears

- Brent crude gains 24% since US-Iran fighting resumed, compared with a 43% surge during the first three weeks of the war

29.07.2026 Oil

Drone crash sparks fire at Russia's Tyumen oil refinery

- Zelenskyy confirmes attack on refinery, says strikes also targeted weapons plant, logistics hub, fuel depot in Russia

27.07.2026 Oil

UK government considers fast-track approval for North Sea oil, gas projects : Report

- Reports suggest approvals for Jackdaw and Rosebank projects could come within weeks as ministers seek to ease energy pressures

27.07.2026 Natural Gas , Oil

Trump says Venezuela not ready for elections, praises acting president

- President cites progress in ties and growing oil cooperation while saying vote should wait until conditions improve

27.07.2026 Oil

US oil rig count down for week ending July 24

- Number of US oil rigs up by 35 compared to one year ago

25.07.2026 Oil

Oil tops $100 as Middle East tensions threaten supplies

- Brent crude futures climbed to their highest level since May 27

24.07.2026 Oil

Oil tops $95 as US-Iran tensions spread across Middle East

- Iranian missile launches, fresh US strikes and Houthi threats to shipping routes heighten concerns over regional energy supplies

23.07.2026 Oil

Halliburton Q2 net income rises 16% on North America recovery

- Company's results broadly align with analysts' expectations, which point to improving North American activity and resilient international demand as key drivers of company performance

22.07.2026 Oil

Chevron shuts in Petronius output as Tropical Storm Bertha approaches US Gulf Coast

- Production at Chevron's other operated Gulf of America assets continues at normal levels

23.07.2026 Oil

Escalation in Middle East tensions lifts oil prices over $93

- Renewed attacks on Iran and rising threats to regional shipping push geopolitical risk higher in global crude markets

22.07.2026 Oil

Trade tensions, Fed rate outlook push oil prices lower

- New US tariffs on Canadian goods and expectations of tighter monetary policy raise concerns over economic growth and fuel demand

22.07.2026 Oil

Caspian Pipeline Consortium says oil tanker attacked by drones near its Black Sea terminal

- Attack forces temporary halt to oil loading at CPC marine terminal, operator says

20.07.2026 Oil

Kazakhstan condemns reported drone attacks on oil tankers using Black Sea export route

- Foreign Ministry says incidents harmed country's economic interests, calls for measures to protect energy exports

21.07.2026 Oil

Brent rises above $90 on escalating US-Iran conflict, Hormuz supply concerns

- Benchmark crude hits highest since mid-June as fears over disruptions to shipments through the Strait of Hormuz intensify

20.07.2026 Oil

Iraq, Syria sign deal in Washington to revive crude oil pipeline

- US State Department welcomes announcement, saying pipeline would have transport capacity of 2M barrels of crude oil per day

21.07.2026 Oil

Kuwait says Iranian strikes hit key oil facility

- Attacks resulted in 'significant material damage and some injuries,' says Kuwait Petroleum Corporation

19.07.2026 Oil

US oil rig count up for week ending July 17

- Number of US oil rigs up by 30 compared to one year ago

19.07.2026 Oil , Finance

Oil heads for weekly gain as US-Iran tensions lift supply risks

- Markets watch Strait of Hormuz risks as US-Iran tensions dominate crude outlook

19.07.2026 Oil

Rystad cuts confidence in Iran deal as Hormuz tensions lift oil risks

- Hormuz security risks and renewed maritime attacks push Brent above $85 per barrel

18.07.2026 Oil

Oil rises as Middle East tensions fuel supply concerns

- Concerns over possible disruptions in the Strait of Hormuz outweigh worries about weaker global growth and oil demand

17.07.2026 Oil

Houthis threaten to attack oil facilities in Saudi Arabia amid Yemen tensions

- ‘All Saudi oil facilities and vital installations will be targets for our missiles and drones if Riyadh gets involved’ in striking Yemen, Houthi leader warns

17.07.2026 Oil

Brent slips despite geopolitical risks as weak demand outlook dominates

- Fed policy expectations, slowing demad cap gains despite renewed US-Iran tensions

17.07.2026 Oil

US crude oil inventories down 0.4% in week ending July 10

- ⁠Daily crude oil production increases to around 13.86 million barrels per day

16.07.2026 Oil

Brent gains as renewed US-Iran tensions lift geopolical risk premium

- Markets price in higher geopolitical risk after Trump warns energy facilities could become US targets

16.07.2026 Oil

Kyrgyzstan temporarily bans exports of petroleum products

- Restrictions to remain in effect until domestic market has sufficient supplies, authorities say

16.07.2026 Oil

Ukraine condemns Iran's attack on UAE oil tankers in Strait of Hormuz

- Kyiv says missile attack injured 2 Ukrainian nationals, calls for immediate reopening of strategic waterway

16.07.2026 Oil

Russia claims Ukrainian drone debris injures 1, sparks fire at oil refinery

- Overnight strike damages residential buildings, says local Russian authority

15.07.2026 Oil

Oil jumps nearly 5% as Russia sanction prospects deepen supply concerns

- Prospect of thighter sanction on Russian crude and escalating Gulf tensions fuel strongest of rally in weeks

15.07.2026 Oil

Minister Bayraktar: Iraq-Türkiye pipeline arbitration still ongoing as new deal under negotiation

- Türkiye aims to prevent supply disruptions while negotiating new long-term pipeline agreement with Iraq

17.07.2026 Oil , Energy Diplomacy

Oil rises as US-Iran tensions intensify around Strait of Hormuz

- Brent briefly climbs above $85 per barrel as investors assess impact of escalating Gulf tensions on global oil supplies

14.07.2026 Oil

OPEC crude production jumps 3.05M bpd in June

- UAE, Kuwait and Iraq lead output gains

14.07.2026 Oil

US company sees Türkiye's Diyarbakir Basin producing up to 250,000 bpd of oil

- Last year, Texas-based oil and gas company entered into joint venture with TPAO and Oklahoma-based Continental Resources to pursue unconventional opportunities in Diyarbakir basin

14.07.2026 Natural Gas , Oil

Higher oil prices fuel profits for producers, political pressure for White House

- Elevated gasoline prices could become a key election issue despite strong financial performance across the US energy sector

13.07.2026 Oil

US oil rig count unchanged for week ending July 10

- Number of US oil rigs rise by 21 compared to one year ago

13.07.2026 Oil

Türkiye to supply natural gas to TRNC through new 101-km subsea pipeline

- Natural gas infrastructure project is expected to support growing electricity demand driven by transport, tourism and industry

12.07.2026 Oil

Middle East tensions drive weekly oil rally despite OPEC+ output increase

- Investors continue to monitor Middle East developments as concerns over crude shipments through the Strait of Hormuz persist

14.07.2026 Oil

Global oil production recovers as Hormuz shipments resume, IEA says

- Partial restoration of Hormuz oil flows boosts June output, but regional production remains well below levels seen before the conflict

11.07.2026 Oil

Oil prices hold firm on geopolitical risks despite inflation worries

- Investors balance geopolitical risks against expectations that higher energy prices could keep interest rates elevated

10.07.2026 Oil

Türkiye nears 12-month deal to keep Iraq-Türkiye crude oil pipeline flowing uninterrupted: Energy minister

- Oil flow through Iraq-Türkiye Crude Oil Pipeline to Mediterranean port of Ceyhan to continue uninterrupted, says Alparslan Bayraktar who is in Iraqi capital in Baghdad

10.07.2026 Oil

Brent retreats after sharp rally as profit-taking outweighs fresh geopolitical tensions

- Oil prices edge lower after an 8.7% surge, while concerns over supply disruptions in the Strait of Hormuz continue to provide support

10.07.2026 Oil

Russia imposed full ban on diesel export amid intensified Ukrainian attacks on energy infrastructure

- Deputy Prime Minister Novak says Moscow will begin importing petroleum products in July to stabilize country's fuel market

09.07.2026 Oil

US crude oil inventories up 0.7% in week ending July 3

- ⁠Daily crude oil production increases to around 13.86 million barrels per day

09.07.2026 Oil

Oil prices jump 6% as Trump says ceasefire with Iran ‘over’

- Brent rises to $78.5, WTI climbs to $74.6 after US president signals collapse of tentative truce with Tehran

09.07.2026 Oil

US energy agency cuts oil price forecast on expectations of higher oil supply

- Brent crude estimated to average $81.91 per barrel, WTI $76.26 per barrel in 2026

09.07.2026 Oil

Oil jumps more than 3% as US-Iran tensions reignite supply fears

- Fresh US strikes, attacks on vessels in Strait of Hormuz and tighter curbs on Iranian oil lift crude prices

08.07.2026 Oil

Oil gains as Hormuz tensions, Russia supply risks outweigh OPEC+ increase

- Fresh security incidents in Strait of Hormuz and attacks on Russian energy infrastructure support oil prices, though expectations of higher OPEC+ supply cap gains

08.07.2026 Oil

Oil prices mixed as OPEC+ approves August output increase

- OPEC+ agrees to increase August production target by 188,000 bpd

07.07.2026 Oil

EXPLAINER – From ‘oil state’ to fuel shortages: How Ukraine's strikes are pressuring Russia's energy sector

- Fuel shortages have spread across more than 40 Russian regions, prompting authorities to impose sales limits

07.07.2026 Oil

Russia says Ukrainian drone hit oil terminal in St. Petersburg

- Ukrainian President Zelensky confirms attack on St. Petersburg oil infrastructure

06.07.2026 Oil

Pakistan prepares to welcome TPAO seismic vessels this fall

- Pakistan is expecting arrival of TPAO's seismic vessels in September or October as exploration cooperation with Türkiye advances, Pakistani minister says

06.07.2026 Oil , Energy Diplomacy

US oil rig count up for week ending July 2

- Number of US oil rigs up by 20 compared to one year ago

07.07.2026 Oil

Oil falls for week as US-Iran talks reduce geopolitical risk premium

- Unwinding of Middle East geopolitical risk premium pushes Brent lower as markets grow more confident that regional oil flows would remain uninterrupted

04.07.2026 Oil

Oil gains as traders weigh US-Iran negotiations against OPEC+ output plans

- Signs of diplomatic progress between Washington and Tehran ease fears of major supply disruptions, although traders remain cautious ahead of the OPEC+ policy meeting

04.07.2026 Oil

Strait of Hormuz transit gradually accelerates, easing high shipping costs

- Surging freight rates, insurance costs, risk premiums hit global maritime transport market throughout the year, says sector representative

04.07.2026 Oil

Iran’s president says recent agreements enabled continued oil exports, eased financial restrictions

- Pezeshkian says government plans to strengthen policies aimed at improving people’s livelihoods and expanding social support programs

02.07.2026 Oil

Oil's war rally reverses as Hormuz tensions ease, Brent falls back below $73

- Oil markets experienced one of their most volatile first halves in years, with Brent rallying more than 100% before surrendering most gains as geopolitical risk premiums rapidly unwound

03.07.2026 Oil

Nigeria joins International Energy Agency as Association country

- IEA's Governing Board unanimously approve Nigeria's accession to Association program

03.07.2026 Oil

Brent slips toward $70 as easing geopolitical tensions weigh on crude

- Improving prospects for a lasting US-Iran agreement weigh on crude as resilient US demand offers support

03.07.2026 Oil

US crude oil inventories down 0.9% in week ending June 26

- ⁠Daily crude oil production increases to around 13.81 million barrels per day

03.07.2026 Oil

Brent ticks up on uncertainty over US-Iran negotiations

- Investors await US inventory data as uncertainty over lasting US-Iran agreement supports oil prices

02.07.2026 Oil

Shell sees global LNG trade flat in 2026 as Hormuz disruption hits supply

- Global LNG demand expected to rise nearly 65% by 2050, reaching close to 700M tons per year, energy major says

02.07.2026 Oil

Russia’s Altai Republic imposes 2-month restriction on fuel sales

- Governor says restriction imposed to prevent artificially high prices despite presence of ‘sufficient reserve stocks’

02.07.2026 Oil

Türkiye's energy import bill jumps 43.4% in May

- Energy imports account for 21.8% of Türkiye's total import bill, while crude oil imports edge up 1.7%

30.06.2026 Electricity , Oil , General

Oil falls as Trump claims US-Iran meeting planned, easing supply concerns

- Oil prices fall as hopes of easing US-Iran tensions outweigh Iran's denial of technical talks in Doha

30.06.2026 Oil

Oil rises on renewed US-Iran tensions, Russia supply concerns

- Renewed US-Iran tensions near the Strait of Hormuz and Russian fuel disruptions raise concerns over potential supply shortages

30.06.2026 Oil

Saudi Aramco helicopter crashes in Ras Tanura, killing 14 people

- Probe underway to determine cause of crash, says source in Saudi Energy Ministry

29.06.2026 Oil

US lawmaker says strikes on Iran violate 'War Powers Resolution'

- 'Trump must stop this war now — or we will take him to court to compel him to do so,' says Ro Khanna

30.06.2026 Oil

US forces conducted strikes on Iranian targets after tanker attack near Strait of Hormuz: CENTCOM

- American military says strikes followed Iranian drone attack on Panama-flagged tanker

29.06.2026 Oil

US oil rig count up for week ending June 26

- Number of US oil rigs up by 8 compared to one year ago

28.06.2026 Oil

Oil prices fall as Strait of Hormuz traffic rebounds after ceasefire

- Commercial vessel movements through Strait of Hormuz recover to highest level since conflict began, weighing on prices

27.06.2026 Oil

Lower oil prices after US-Iran accord could turn tide against Moscow

- Oil prices returning to pre-war levels after US-Iran accord raise questions over durability of Russia's energy revenue gains from higher crude prices

28.06.2026 Oil

Oil slips as Hormuz traffic normalizes, diplomacy eases supply fears

- Brent falls below $74 as tanker traffic recovers and renewed US-Iran and Russia-US contacts reduce geopolitical risk premium

25.06.2026 Oil

US crude oil inventories down 1.5% in week ending June 19

- ⁠Daily crude oil production increases to around 13.82 million barrels per day

25.06.2026 Finance , Refining/Petro Chemistry

US energy secretary says 20M barrels of oil exited Hormuz in last 24 hours

- Washington to ensure oil flows through key waterway even without deal with Iran, says Chris Wright

24.06.2026 Oil

Iran exported 40M barrels of crude since June 15, TankerTrackers says

- Half of total volume shipped in single day on June 19, as Hormuz traffic continues cautious recovery after US-Iran interim peace deal

24.06.2026 Oil

Brent falls below $75 as Hormuz traffic recovers, easing geopolitical risk premium

- Recovery in tanker movements through Hormuz and prospects for continued Russia-US dialogue ease supply concerns

25.06.2026 Oil

Brent crude falls on expectations of normalized Hormuz oil flows

- Prices extend losses as traffic through the Strait of Hormuz recovers and supply concerns fade

24.06.2026 Oil

WoodMac forecasts lower oil prices as Hormuz reopening eases supply concerns

- Brent forecast to average $92 per barrel in 2026 before declining to $78 in 2027 amid improving supply outlook

23.06.2026 Oil

Oil falls on rising Iranian supply prospects, Russian fuel concerns limit losses

- Oil prices continue to drop as US-Iran peace talks boost hopes of normalized oil flows through Strait of Hormuz

23.06.2026 Oil

Oil prices fall as US-Iran talks ease supply concerns

- Oil prices slide as reports of lifted Iran export restrictions ease supply concerns

22.06.2026 Oil

Libya posts highest oil output in more than a decade

- National Oil Corporation says combined crude, condensate production has reached nearly 1.49 million barrels per day, highest level since 2013

24.06.2026 Oil

54 injured, 18 missing in Qatar factory blast

- Civil defense teams launch search operations after technical incident at Ras Laffan Industrial City

24.06.2026 Natural Gas , Oil , Energy Diplomacy

Iraq wants to restore 3M barrels of oil production daily: Ministry

- No fixed timeline for full export recovery due to varying reservoir conditions, field capacities, says spokesman

21.06.2026 Oil

US oil rig count unchanged for week ending June 18

- Number of US oil rigs fall by 5 compared to one year ago

21.06.2026 Oil

Trump says US quietly moved 87 oil tankers through Strait of Hormuz

- President says nighttime operations were conducted under naval escort after Iranian radar capabilities were degraded

20.06.2026 Oil

Oil slips below $80 as easing geopolitical tensions shift outlook toward lower range

- Experts warn that easing US-Iran tensions may soften oil prices in short term, but geopolitical risk premium is likely to persist

20.06.2026 Oil , Finance

OPEC sees global energy demand rising 23% by 2050

- Nearly three-quarters of future growth in electricity demand is expected to come from developing economies

19.06.2026 Oil , Finance

Oil refinery in Moscow hit by large-scale Ukrainian drone attack, mayor reports

- Air defense forces are continuing to repel a large-scale attack, says Moscow mayor

19.06.2026 Oil

Oil falls as US-Iran memorandum eases supply concerns

- US-Iran memorandum improves supply outlook, while Fed's tighter policy path raises demand concerns, weighing on oil prices

19.06.2026 Oil

Hungary's Paks Nuclear Power Plant to shut down for first time in 44 years as Danube water levels plunge

India targets 100 GW nuclear power capacity by 2047

Türkiye, Canada join forces to build next-generation Turkish nuclear ecosystem

Loading of dummy fuel complete at Akkuyu's first reactor unit

Türkiye says power system strong amid European blackout

Türkiye's daily power consumption down 1.8% on April 26

Türkiye's daily power consumption up 16.7% on May 22

Türkiye's daily power consumption increases 1.2% on May 10

Coal prices surge as Middle East tensions disrupt energy markets

Trump directs Pentagon to purchase coal-fired electricity as he seeks boon for fading industry

Climate change protestors block world’s largest coal export port in Australia

US to invest $625M to expand coal industry

Spot market natural gas prices for Tuesday, Nov. 5

Global natural gas investments to reach almost $9 trillion by 2050

Spot market natural gas prices for Thursday, Jan. 5

Turkish president announces more gas reserves found in Black Sea

Spot market natural gas prices for Saturday, Jul. 4

Spot market natural gas prices for Friday, Jun. 12

Spot market natural gas prices for Thursday, Apr. 9

Spot market natural gas prices for Thursday, Feb. 12

Algerian LNG vessel to arrive in Türkiye on July 13

Türkiye's LPG production up 28% in March

Türkiye, Algeria consider increasing LNG supply volume under new deal

QatarEnergy ships first LNG cargo from Golden Pass Project in Texas

US oil rig count up for week ending Dec. 26

Türkiye to deploy AI in oil and gas exploration

Oil production in Türkiye's eastern region breaks first record in 2024

Oil up in w/e Dec. 15 on demand optimism, central bank interest rate decisions

US oil rig count falls for week ending April 17

Türkiye, Iraq begin talks on new oil transport deal

US oil rig count down by 8 for week ending May 23

US oil rig count down by 6 for week ending June 28

US crude oil inventories down 1.5% in week ending June 19

Oil prices seek balance amid supply risks, diplomacy outlook

Strait of Hormuz instability threatens critical raw materials supply

Iranian crude reaches India under sanctions waiver since March 20: TankerTrackers data

Europe transforms aging wind farms through "repowering" investments

Vestas secures 43-megawatt turbine agreement in Germany

Eurowind begins work on 138-MW Romanian wind projects

Türkiye's installed power capacity reaches 125,598 MW as renewables drive growth

Türkiye's installed electricity capacity surpasses 126 GW

Türkiye's solar power generation hits all-time high in June

Türkiye's solar generation hits fresh peak as summer demand grows

Türkiye's solar generation hits fresh peak as summer demand grows

Türkiye has 13 GW of investment-ready pumped-storage hydropower potential

Hydropower generation strengthens Türkiye's energy security, cuts import bill by $5B

Global hydropower capacity rises to 1,469 GW as pumped storage hits record level

Spot market electricity prices for Saturday, Apr. 25

US tech companies turn to geothermal energy to power data centers

Highlights of Türkiye's energy market in 2024

Climate crisis to push 150M more Africans into poverty by 2050, experts warn

Taiwan starts drilling of 1st deep geothermal well

Spot market natural gas prices for Wednesday, July 29

Türkiye's installed electricity capacity surpasses 126 GW

Europe's retired nuke plants find second life as energy storage hubs

Italy's Saipem secures €800M contracts from Eni

Russian gas exit redraws Europe's gas pricing map

OPEC+ agrees to extend group-wide output cuts into 2025

Libya Energy & Economic Summit 2024 to kick off in Tripoli

OPEC+ countries announce daily voluntary output cuts by 2.2 million barrels

Brazil joins OPEC+ as group confirms 3.6 million barrels per day output cut

Spot market electricity prices for Sunday, Dec. 3

ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

Spot market electricity prices for Thursday, June 8

High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

Spot market natural gas prices for Friday, Dec. 1

Turkey's daily power consumption down 0.77% on Oct. 23

Russian Lukoil starts Chashkino gas-turbine power plant

Gazprom posts 26% loss in 1H20

Renewables emerge as buffer against fossil fuel price shocks, saving $480B

Türkiye's installed power capacity reaches 125,598 MW as renewables drive growth

Global renewable energy capacity nears halfway to 2030 target as solar drives growth

Geopolitical crises highlight importance of domestic energy resources for energy security

Türkiye's LPG production up 12.4% in March

Türkiye's LPG production down 4.3% in December 2024

Türkiye's LPG production down 25% in April 2024

Türkiye's LPG production up 15% in December 2023

Strait of Hormuz blockade brings energy crisis to Europe

USS Nimitz service extended amid Strait of Hormuz tensions: Report

Energy infrastructure in Ukraine hit by 1,225 attacks in 2025 as damage surpasses $20B