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Chevron CEO Mike Wirth warned that global oil buffers preventing price spikes are exhausted, tilting crude risks upward. The IEA confirmed global inventories plunged by 95 million barrels in August a…
Crude oil rallied above $100 per barrel as U.S.-Iran conflict in the Persian Gulf threatens Strait of Hormuz supply flows. Forecasts indicate prolonged delivery risks into 2027, spurring roughly $20 …
Brent crude jumped over 1.5% toward $82 as US-Iran peace talks stalled. Iran halted traffic through the Strait of Hormuz and excluded nuclear issues from negotiations, while President Trump threatene…
Brent crude holds above $95 as stalled US-Iran peace talks and potential threats to key shipping lanes like the Strait of Hormuz create supply concerns, despite President Trump's optimism regarding a…
Brent crude climbed above $95 per barrel following heightened tensions in the Strait of Hormuz. Although prices retreated slightly after reports of a potential Israel-Hezbollah ceasefire and US diplo…
Brent crude surged over 5% to $96 per barrel as Iran halted communication with the US following intensified conflicts in Lebanon. The breakdown in diplomatic talks and reports of military clashes nea…