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Oil Surges Past $82 as Hormuz Tensions Fuel Supply Fears

Crude oil rose above $82 as Middle East ceasefire talks stalled, keeping Strait of Hormuz supply risks elevated. IEA cut demand outlook but flagged a potential 4% supply decline this year, tightening…

Oil Surges as U.S. Threatens Indefinite Iran Port Blockade

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…