Crude oil held above $105 per barrel amid expanding supply disruptions. Saudi Arabia cancelled European shipments following drone strikes that shut the East-West pipeline. Simultaneously, Libya suspe…
Brent crude surged past $108 and WTI topped $102 after a drone strike on Saudi Arabia's East-West pipeline threatened 4% of global oil supply. Escalating Middle East tensions, Houthi advances, and fa…
QatarEnergy is negotiating multi-year U.S. LNG supply contracts through 2031 to replace 12.8 million tons per year of capacity damaged by Iranian strikes. The shift from spot purchases signals prolon…
The IEA cut its 2026 global oil supply and demand outlook, warning that stalled US-Iran negotiations and renewed shipping attacks will push the market into a deeper shortfall than previously projecte…
Brent crude climbed toward $109 per barrel, heading for a 13% weekly gain as escalating US-Iran conflict threatens global energy supplies. US officials warned the war could persist for years, while o…
Oil prices are climbing amid escalating US-Iran tensions, stoking inflation fears while US consumer sentiment remains near historic lows. Weak consumer confidence and high energy costs threaten econo…
Oil prices jumped as the U.S. military reportedly destroyed five Iranian tankers after missile attacks on a warship. Escalating geopolitical tensions and Iranian threats of intensified retaliatory st…
Crude oil breached $101 per barrel after the U.S. military destroyed five Iranian oil tankers following Persian Gulf skirmishes. Combined with Houthi attacks on Saudi infrastructure, threats to the S…
Crude oil traded above $91 as US strikes on Iranian tankers and Tehran's threats to restrict Persian Gulf transit heightened fears of severe Strait of Hormuz disruptions. Washington vowed to maintain…
Crude oil rose past $91.50 as Iranian strikes on US Gulf allies escalated regional conflict. Tanker transits through the Strait of Hormuz dropped significantly, with major shipping operators projecti…
The Iranian rial plunged to historic lows amid ongoing conflict and a US naval blockade restricting oil exports. Iran's central bank announced a $2 billion market intervention as severe inflation and…
Brent crude hovered near $94.5 per barrel amid escalating military exchanges between the US and Iran around the Strait of Hormuz. Despite reports of steady tanker flows, intensifying geopolitical con…
Brent crude surged past $95 per barrel to a six-week high following US military strikes against Iranian targets near the Strait of Hormuz. Escalating military tensions and threats of broader retaliat…
U.S. stock futures stalled while crude oil surged as escalating U.S.-Iran military tensions and Strait of Hormuz tanker attacks stoked supply fears. Rising energy costs and climbing bond yields renew…
Oil prices surged as the US and Iran exchanged military strikes near the critical Strait of Hormuz chokepoint. With ceasefires expired and threats of further retaliation alongside new US sanctions, c…
US Strategic Petroleum Reserve inventories fell to 289.7 million barrels, a 44-year low. Depleted emergency buffers leave global crude markets highly vulnerable to supply disruptions while impending …
Expanding U.S. sanctions and maritime blockades against Iran are disrupting global energy flows to key buyers like China, Iraq, and Turkey. Squeezed crude supplies and regional supply chain threats e…
The US Treasury is launching an economic onslaught against Iran, imposing fresh sanctions on digital assets, tech, gold, aviation, and shipping. The aggressive zero-leakage strategy aims to block vit…
Iran advanced legislation to charge ships navigating the Strait of Hormuz ahead of major US sanctions. Potential supply disruptions at the critical chokepoint threaten global crude flows, elevating o…
U.S. Strategic Petroleum Reserve levels are dropping toward 243 million barrels following emergency releases amid Middle East conflicts. While near-term supplies are temporarily stabilized, depleted …