US strikes Iranian oil tankers as explosions reported near Kharg Island
A US official told The Jerusalem Post on Tuesday that CENTCOM is currently striking Iranian oil tankers, as…
Donald Trump still undecided about large-scale attack against Iran, sources say
US President Donald Trump has not yet made a final decision on whether to launch a major strike…
Kurdish party alleges Iran used white phosphorus chemical weapon in drone strike
The Kurdistan Freedom Party (PAK) has accused Iran of using white phosphorus in a drone attack against one…
Markets price in two ECB rate hikes by early 2027 as Brent tops $90
German two-year government bond yields climbed to a two-year high on Monday as rising oil prices driven by…
Can the US and Israel sustain a war of attrition with Iran?
The Middle East has a long history of wars of attrition. It now appears that the Trump administration…
War Powers law explained: Why Congress says Trump can’t keep fighting Iran without approval
WASHINGTON, June 26 — This week both the Republican-led US House of Representatives and US Senate passed a…
Hormuz Crisis Leaves Lasting Mark on Oil Markets as Demand Slumps, IEA Says
The International Energy Agency has sharply downgraded its outlook for global oil demand, warning that months of conflict…
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…
Hormuz Disruptions Threatening Global Economic Stability
The heads of four of the world’s top economic and energy institutions issued a rare joint warning Friday,…
CMA CGM Warns Middle East Crisis Still Reshaping Global Trade
CMA CGM has reported “resilient” first-quarter 2026 results as the world’s third-largest container carrier navigated ongoing disruption tied to…
Hormuz Closure Could Send Oil to $200 and Trigger Global Recession, Wood Mackenzie Warns
A prolonged closure of the Strait of Hormuz could become the most severe global energy supply shock in…