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Brent crude breached $100 per barrel as intensifying military conflict between the U.S. and Iran threatens key Middle East oil shipping routes. Despite brief early-session profit-taking, Strait of Ho…
Brent crude surged past $105 per barrel amid escalating Middle East conflict and severe supply disruptions. Saudi oil output plunged by 1.9 million barrels daily to its lowest level since 1990, while…
Brent crude surged past $100 per barrel due to escalating US-Iran military conflicts disrupting the Strait of Hormuz. Soaring fuel and diesel prices sparked inflation fears, knocking global equity in…
Crude oil surged over 2.5% toward $94.5 following Houthi attacks on Saudi energy facilities, including the 400,000-barrel-per-day Jazan refinery. Escalating geopolitical tensions around the Strait of…
Diamondback Energy's blowout earnings and CEO commentary suggest the Iran war permanently raised oil's price floor by draining global inventories, implying sustained elevated crude prices and persist…
Oil prices surged above $90/barrel as US-Iran conflict intensifies with a ninth day of strikes, threatening Strait of Hormuz flows. Refining capacity outages and record crack spreads signal deepening…
Oil prices surge as geopolitical tensions between the U.S. and Iran intensify, threatening Strait of Hormuz closure and disrupting one-fifth of global oil supplies.
Brent and WTI crude surged 2.4% Friday amid escalating U.S.-Iran tensions over Strait of Hormuz shipping disruptions. Weekly gains reach 6.8% and 9.0% respectively as ceasefire hopes fade and militar…