Fear of an Oil Glut May Be Overblown, Top Consultancy Says
Up to 75% of the previous oil flows through the Strait of Hormuz are expected to return to…
Fresh U.S. Strikes Complicate Iran Deal
The new U.S. strikes on missile sites and boats in southern Iran are further clouding the market view…
Oil Could Hit $200 If Hormuz Stays Near-Closed for Six More Weeks, Expert Warns
Oil prices could jump to $200 per barrel and even higher if the Strait of Hormuz remains near-closed…