News

Iran has threatened to block the Strait of Hormuz on several occasions over the years, including in January 2012 in ...
Crude prices skyrocketed overnight Thursday into Friday morning as Israel attacked Iranian nuclear and military facilities.
A sustained rise in the price of crude oil, which jumped sharply after Israel attacked Iran, could hurt consumers and ...
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row to the lowest ...
He noted that when Iran and Israel went back and forth with attacks last year, oil prices did move higher at first. The ...
The oil purchasing market keeps a special eye on the Strait of Hormuz as around a fifth of the world's total oil consumption ...
Israel’s unprecedented attack on Iran raises the specter of sharply higher gasoline prices, just as the summer driving season ...
Iran remains in economic crisis due to international sanctions over its nuclear program, which have limited its oil exports.
Oil stocks moved higher in early stock market trade Friday following Israel's targeted strikes against Iran Thursday night.
The price of West Texas Intermediate shot up about 6%, up to just over $72 a barrel, after languishing in the low-to-mid $60 range for months.
Israel's attack on Iran has jolted financial markets, as fears grow of a regional conflict that could disrupt oil supplies. The tensions come at a time of heightened uncertainty, driven by Trump's ...
"Today's statement in social media by the IEA executive director regarding current market conditions and potential use of oil emergency stocks raises false alarms and projects a sense of market fear ...