UAE gas field struck, key oil hub halts as attacks intensify
A large gas field in the United Arab Emirates was set ablaze after a dr[……] Read More
Ray Dalio warns a ‘final battle’ for the Strait of Hormuz is coming
Bridgewater Associates founder Ray Dalio published a dire warning Monday: the conflict between the U[……] Read More
Cruise lines hit by rising fuel costs as Iran war drives oil prices up
Tressis chief economist Daniel Lacalle analyzes the Federal Reserves moves amid geopolitical un[……] Read More
‘Blackmail is also not what I wish for’: America’s allies are ghosting Trump on Strait of Hormuz
More than two weeks into a war President Donald Trump started without asking allies for buy-in, he i[……] Read More
Scott Bessent sounds the alarm on Treasury's oil market limits
If you’ve watched oil prices race higher while filling up your car, you might have quietly hoped the[……] Read More
Gold wavers near $5 000 as Mideast war keeps oil prices elevated
Gold wavered, as the conflict in the Middle East entered a third week a[……] Read More
Saudis give oil buyers Red Sea option due to Hormuz crisis
Saudi Arabia is giving long-term oil customers the option of receiving[……] Read More
Oil rises as Iran seizes Hormuz gatekeeper role while Trump eyes risky naval option to reopen strait
Iran is signaling that the Strait of Hormuz isn’t totally closed and that it wields the power to cho[……] Read…
Trump admin uses Defense Production Act to restart California oil operations
FOX Business’ Stuart Varney weighs the economic impact of rising oil prices and predicts a swif[……] Read More
Energy secretary uses Defense Production Act to force Texas oil company to restore Calif. operations
U.S. Energy Secretary Chris Wright directed a Texas-based oil and gas company Friday to restore oper[……] Read More
‘Peak war panic’ will likely hit markets in 1-3 weeks, as Trump balks at ceasefire deal
The S&P 500 is only down 3% so far this year and 5% off its all-time high, still far from…
US lifts sanctions on some Russian oil, about 5-6 days’ worth of shipments from Strait of Hormuz
The U.S. is temporarily easing some sanctions on Russian oil shipments, reflecting global concerns o[……] Read More