Stock futures sink, oil spikes as Navy looks to block Iran’s exports and break its grip on Hormuz
After a week when ceasefire hopes lifted sentiment and stock prices on Wall Street, the U.S. war on[……] Read More
Iran’s crumbling economy is the regime’s greatest weakness as authorities worry about making payroll
The Iranian economy was already in shambles before the U.S. and Israel launched their war on the Isl[……] Read More
Saudi Arabia says East-West pipeline restored to full capacity
Saudi Arabia has restored the full pumping capacity of its East-West pipeline to 7 million barrels a[……] Read More
Here’s how a U.S. naval blockade of the Strait of Hormuz could work
President Donald Trump announced Sunday that the U.S. Navy would immediately impose a blockade on th[……] Read More
Oil tankers U-turn in Hormuz as U.S.-Iran talks break down
Two empty crude tankers attempted to make their way through the Strait of Hormuz and into the Persia[……] Read More
Oil traders are seeing something in Iran’s truce that stocks aren’t
It didn’t take long for oil traders to get their answer. A ceasefire between the U.S. and Iran led to[……]…
Ceasefire and oil prices: Ongoing uncertainty vs what we know
Middle Eastern events have had a very significant impact on oil prices[……] Read More
The petrodollar faces increased risk, but a petroyuan is ‘far-fetched,’ strategist says
President Donald Trump’s war on Iran has raised doubts about America’s superpower status and currenc[……] Read More
Three oil supertankers sail through the Strait of Hormuz
Two Chinese supertankers loaded with crude sailed through the Strait of Hormuz hours after a Greek v[……] Read More
Over a third of Ireland’s fuel stations are empty and truck and tractor drivers are protesting nationwide
Protests over the soaring cost of fuel spread disruption across Ireland on Saturday with many gas st[……] Read More
Oil trading costs have surged since Iran war began
Intercontinental Exchange has significantly boosted the margins traders[……] Read More
Huge profits bubble up from Exxon's big oil find in Guyana
When Exxon Mobil chairman Darren Woods attended a January White House conference on investing in Ven[……] Read More