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…
Iran Talks Take the Heat Out of the Oil Rally
Oil prices ease as renewed Iran talks and recovering Saudi exports temper supply fears. Europe’s LNG Buying Spree…
Donald Trump reportedly rejects Iranian seven-day ceasefire proposal
“It depends on the US administration to decide,” said Araghchi in comments to reporters at the United Nations…
WTI Whipsaws as Hormuz Hopes Collide With Diesel Crunch
November WTI crude oil futures spent the week trading a possible reopening of the Strait of Hormuz against…
There’s a Small Upside to Clogged Strait of Hormuz
There’s a very slight green lining to the Iran war, and it’s for the planet, not the…
Tehran takes aim at Canada for not condemning Trump’s threat to destroy Iran
TEHRAN, IRAN – SEPTEMBER 18: Military forces of the Islamic Republic of Iran conduct street parades and provide…
Record Diesel Prices Raise Fears of Local Fuel Shortages
Even as U.S. diesel and gasoline prices soared in the wake of the U.S.-Israeli war with Iran, both…
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…
Hormuz Risk Opens $40-Plus Price Gap Between Crude Grades
Back in late June, after the United States and Iran agreed to cease hostilities in the Persian Gulf…
Iran says it destroys U.S. drone over Hormuz as conflict intensifies
DUBLIN, IRELAND – SEPTEMBER 12: U.S. President Donald Trump arrives to deliver remarks to U.S. Embassy personnel and…
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…