Oil Prices Climb as Trump Rules Out Easing Iran Sanctions
Crude oil prices ticked higher today, after dipping on Tuesday, following reports that President Trump has no intention…
Saudi Arabia Reroutes Oil Exports as Houthi Strikes Target Yanbu
Satellite images gathered by Bloomberg show supertankers with capacity for 14 million barrels at Saudi Arabia’s Gulf export…
Oil Prices Surge as Middle East Attacks Continue and Diplomacy Stumbles
Oil prices initially jumped by over 3% in early Asian trade on Monday as fears of a major…
HSBC Raises 2026 Brent Forecast to $90 as Hormuz Crisis Drags On
HSBC has hiked its Brent Crude forecast for 2026 to $90 per barrel from $80 as the Strait…
Oil Holds Above $100 as U.S.-Iran Tanker War Escalates
Crude oil prices held near recent highs after rallying sharply earlier this week, with gains driven by an…
Oil Prices Rally as U.S. Targets Iranian Tankers in New Escalation
Oil prices climbed once again in early Asian trade on Wednesday as the U.S. and Iran traded strikes…
Oil Prices Climb as Trump Threatens New Strikes on Iran
Crude oil prices extended their earlier climb after President Trump issued his latest threat to Iran, following the…
Oil Prices Slide 2% as Markets Brace for Bessent’s ‘Economic D-Day’
Oil prices fell by more than 2% in early Asian trade on Monday as traders took profits and…
Oil Prices Rise for Fourth Day as Hormuz Traffic Slows
Crude oil prices extended their gains for the fourth day today as fresh tanker-tracking data suggests traffic via…
Hormuz Tanker Traffic Slows to a Trickle
Tanker traffic via the Strait of Hormuz slowed further over the weekend, maintaining upward pressure on oil prices.…
Oil Prices Fall as OPEC and IEA Slash 2026 Demand Outlooks
Despite the ongoing stalemate in the U.S.-Iran talks and persistent risks to shipping in the Middle East, oil…
Oil Prices Climb as U.S.-Iran Peace Hopes Fade
Crude oil prices moved higher today as the chances of a lasting peace between the United States and…