Brent Erases Iran War Premium as Hormuz Flows Show Signs of Recovery
Oil prices tumbled as markets bet Strait of Hormuz disruptions will ease, with Brent down 10% on the…
State of Global Oil Inventories Ruins Iran Peace Optimism
As oil benchmarks crash and Brent slips below $80 per barrel, a growing number of analysts are sounding…
Why Oil’s Not at $200 After the Biggest Supply Shock in History
By Devika Krishna Kumar, Alex Longley, Yongchang Chin and Mia Gindis (Bloomberg) — For decades, oil traders, executives and…
Is Reality Finally Catching Up With Financial Markets?
I believe the global financial markets are now in what I would call a Wile E. Coyote moment,…
Amid surging fuel prices, Air Canada suspending flights to New York’s JFK
Business, News, Traffic, Travel April 19th, 2026 As jet fuel prices have doubled since the start of the…
Strait of Hormuz Constraints Keep Oil Prices Elevated
Oil prices remain close to $100 per barrel despite the U.S.-Iran ceasefire, which revived hopes that the worst…
Oil Rally Accelerates as Traders Price in Real Supply Disruption
May WTI crude oil surged sharply in the holiday-shortened week ending April 3, settling at $111.54, up $11.90…
Are Markets Underestimating the Risk of a Prolonged Energy Crisis?
Shortly before the war with Iran began, I wrote that the seeming complacency among government officials and financial…
3 Canadians back home after being stranded on cargo ship in Strait of Hormouz
Descrease article font size Increase article font size A Quebec-based shipping company says three maritime trainees who had…
Oil Prices Surge as Brent-WTI Spread Blows Out on Iran Supply Risk
Oil prices surged sharply on Wednesday as the Iran conflict continued to disrupt flows through the Persian Gulf,…
Oil Prices Soar 29% as Iran Conflict Threatens Middle East Supply
Iranian President Masoud Pezeshkian has praised the appointment of Mojtaba Khamenei as the country’s new supreme leader, calling…
What Carter and Reagan Got Right About Oil Shocks
The conflict in Iran is unlikely to lead to 1970s-style oil rationing, but policymakers must use price mechanisms…