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 Rangebound After Strait Attacks, Suspicions That U.S./Iran Peace Is Unfeasible
Meanwhile, the IEA sees a contraction of oil demand this year: File Image/Pixabay
Oil eked out…
Oil Markets Price In an Iran Deal That Does Not Exist Yet
Oil prices tumbled Tuesday as traders once again priced in a U.S.-Iran agreement before anyone had actually signed…
Oil Market’s Glut Narrative Just Blew Up
Less than a month ago, analysts were warning of a looming glut of crude oil as tanker traffic…
Oil Markets Grow Numb to U.S.-Iran Ceasefire Drama
Oil prices remain stuck in a tight range as traders look past geopolitical headlines and wait for clarity…
U.S. Raises Pressure on Iran With Renewed Military Warning
US Vice President JD Vance has again signaled that the White House is prepared to use force against…
Oil Pares Early Gains as US, Iran Halt Attacks After Flare-Up
(Bloomberg) Oil pared early gains after the US and Iran agreed to stop attacking each other, following flare-ups over…
UK Sets January 2027 Deadline for Ban on Fuel Made From Russian Crude
The UK has finally put a date on the sanctions loophole it said it would close a while…
Oil Falls as Israel and Iran Halt Hostilities That Risked Talks
(Bloomberg) — Oil declined after Israel and Iran agreed to end attacks against each other following an escalation…
Europe Burns $28B With No Extra Energy as Crisis Deepens
Faced with the second energy crisis this decade, the European Union aims to reduce dependence on natural gas,…
Trump’s Unlikely Suggestion of a Joint U.S.-Iran Shipping Tax
President Trump has floated the prospect of a “joint venture” with the Iranian leadership on administering a tax…
Jet Fuel Shortages May Persist for Months After Hormuz Reopens
The restoration of normal jet fuel flows around the world will take months, even if Iran reopens the…