California’s jet fuel stockpile hits two-year low, putting ‘black cloud’ over summer travel
As the war in Iran strangles the flow of oil around the globe, California’s jet fuel reservoirs are…
Iran seizes ships in Strait of Hormuz after ceasefire extension
Press Secretary Caroline Levitt told Fox News today that the ship seizures in question do not violate the…
Oil Ignores Escalation, Logs Biggest Weekly Drop Since 2025
Despite the ongoing escalation in the Middle East, crude heads for its biggest weekly loss in months. Friday,…
Standard Chartered: Oil Price Correction Is Likely Overdone
Oil prices have declined by the biggest margin since the Iran war began in late February, with Brent…
Trump Loses Grip as Oil Surge Signals Deeper Crisis
For the first time in weeks, Donald Trump failed to cool oil markets, as escalating tensions with Iran…
Why Losing the Iran War May Be the Best Outcome for the Global Economy
As I will explain, the outcome that looks like losing may actually be the best path forward for…
‘Winding down’ war, adding troops
In the past 24 hours, President Donald Trump sent a variety of mixed signals about the Iran war…
Trump’s mixed messages on Iran: ‘Winding down’ but adding troops
President Trump frequently contradicts himself, sometimes in the same speech, social media post or even sentence. On Friday,…
Futures Market Misreads the Hormuz Oil Shock
The oil futures paper market is likely underestimating the massive supply disruption that a closed Strait of Hormuz…
Iran Claims It Has “Complete Control” Over Strait of Hormuz
Iran’s Islamic Revolutionary Guard Corps (IRGC) declared it has “complete control” of the strategic waterway, with fresh attacks…
Oil Prices Drop to $59 on Gaza Ceasefire and Trump’s China Tariff Threat
WTI crude tumbled below the critical $60 per barrel mark for the first time since May, with front-month…
US Natural Gas Prices Collapse on Oversupply
By Editorial Dept – Aug 15, 2025, 9:00 AM CDT Numbers Report – August 15, 2025 In the…