Chevron and Exxon Mobil reap massive profits as the Iran war drives up energy prices
American oil and gas giants raked in massive spring profits while fighting between Iran and the U.S. impeded…
IEA Warns Renewed U.S.-Iran Conflict Could Upend Oil Surplus Forecast
Despite the tentative recovery of oil flows through the Strait of Hormuz and the first build-up in global…
Hormuz oil exodus sets stage for chaotic rebalancing act
Refineries in Asia and Europe have largely secured crude supplies for July and August. (AFP pic) LONDON: Crude…
Oil Price Today: Why Crude Is Suddenly Back to Iran War Peaks
Markets have been laser focused on the coming wave of tech earnings and the Fed, but oil has…
Oil Prices: Oil prices today: Crude jumps nearly 2% as US-Iran talks stall, Hormuz disruptions tighten supply
Oil prices extended their rally on Monday, climbing nearly 2% as stalled peace talks between the United States…
Trump on next steps in Iran War
President Donald Trump says the war with Iran is “going to be over with pretty soon,” as escalating…
Oil prices surge toward $100 as IEA calls war in Iran ‘the largest supply disruption’ in history
Twenty-four hours after the International Energy Agency (IEA) announced a 400 million-barrel release from the Group of Seven…
UAE and Kuwait Start Oil Output Cuts After Hormuz Blockage
(Bloomberg) — The United Arab Emirates and Kuwait started reducing oil production, as the near-closure of the crucial…