Brent crude surged toward $97 per barrel following military escalation between the US and Iran. Over the weekend, US strikes targeted Iranian tankers, while Tehran declared restrictions near the Stra…
Brent crude surged past $91 following U.S. airstrikes on Iranian positions and retaliatory missile attacks. Escalating military tensions and potential periodic strikes in the Strait of Hormuz have re…
Oil prices jump after U.S. signals possible indefinite blockade of Iranian ports, raising supply concerns. Rising oil prices also push up U.S. and European bond yields on inflation fears, with 30-yea…
Dow Jones held firm Monday as oil prices rose on stalled U.S.-Iran nuclear talks, raising supply concerns. SpaceX stock declined amid broader market movements.
Gulf crude exports stayed stable in July, up 2% month-over-month, but remain 40% below pre-war levels. Iraq led gains while Houthi attacks disrupted Saudi Yanbu shipments, keeping supply risks elevat…
Oil prices surged to six-week highs as U.S.-Iran strikes intensified and Houthis expanded attacks on Saudi tankers, overshadowing a bearish EIA inventory build. Geopolitical risk in Hormuz and Bab el…
Renewed Iran-linked Middle East escalation has effectively closed the Strait of Hormuz again, sending oil above $90/barrel. Depleted global strategic reserves leave little buffer, raising risk of fur…
WTI crude oil prices rose to $92.31 as geopolitical tensions in the Middle East persist. Despite diplomatic efforts by the U.S. to mitigate conflict, uncertainty regarding the Strait of Hormuz remain…