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Saudi Arabia's East-West pipeline will stay largely offline for three to five weeks following a drone attack. The crucial 7-million-barrel-per-day export route suffered pumping station damage, trigge…
Brent crude surged past $101.5 per barrel as US-Iran military tensions escalated with strikes on warships and oil tankers. Compounding supply risks, Houthi attacks disrupted Saudi facilities, Ukraini…
Brent crude surged past $96 per barrel amid escalating military clashes between the US and Iran in the Persian Gulf. Following US strikes on Iranian tankers and Iranian retaliatory threats near the S…
Brent crude surged nearly 4% to $94 per barrel as escalating US-Iran strikes disrupted Middle East oil exports. Severe tanker flow reductions and US strategic petroleum reserves hitting multi-decade …
Brent crude rose toward $91 per barrel amid escalating Middle East tensions, including US-Iran strikes and threats to Iran's Kharg Island. A tanker fire from naval mines in the Strait of Hormuz and s…
PBF Energy posted strong Q2 results driven by refining margins, supply disruptions, and low product inventories. Management sees higher margin floors ahead, aiding balance sheet strength via debt red…
Oil prices surge as US-Iran conflict escalates, with Tehran targeting US interests. Rising geopolitical tensions boost safe-haven demand and threaten crude supply disruptions in the region.
Oil prices climbed Friday as renewed US-Iran military conflict keeps the Strait of Hormuz closed, threatening global crude supply routes and raising geopolitical risk premiums.
WTI crude held above $104/barrel as Trump threatened renewed Iran strikes if peace terms rejected. Middle East tensions, Strait of Hormuz closure, and NATO escort plans support oil prices amid inflat…
Brent crude surged to $107.5/barrel, up 6% weekly, driven by persistent Strait of Hormuz tensions, failed US-Iran peace talks, and Trump's threats. IEA warns of sustained undersupply through October.
Oil prices surge amid Strait of Hormuz closure and geopolitical tensions, driving Eurozone bond yields higher. Energy supply disruptions pressure Europe, with crude prices climbing despite broader ma…