Iranian oil production plunged 19% in May, OPEC data shows, raising concerns about global crude supply and potential price spikes.
Houthi attacks on Red Sea shipping lanes unsettle oil markets, sending Brent and WTI sharply higher as shippers reroute around Africa and…
Crude oil's failure to reach $100 a barrel stems from a perfect storm of oversupply, weakening demand, and a resilient U.S. dollar…
US strikes on Iran spark risk-off moves in Asian stocks and a sharp rally in crude oil prices amid supply disruption fears.
Crude oil prices soared more than 4% after the United States launched fresh strikes on Iran, threatening a fragile truce and fueling…
A fire on an Iran-linked oil tanker in the Gulf of Oman triggers a crude oil price spike and flight to safety,…
US and Iranian forces exchanged fire after an Apache helicopter was downed near the critical Strait of Hormuz oil transit chokepoint, driving…
US-Iran military exchange over a downed Apache helicopter near the Strait of Hormuz triggers sharp oil price jumps and flight-to-safety moves across…
Oil rallied as US-Iran tensions flared following a helicopter attack and retaliatory strikes, sparking supply disruption fears.
USD/CAD pulled back from multi-month highs as the Canadian dollar staged a modest recovery even as crude oil extended losses, raising questions…
U.S. strikes on Iran after a helicopter incident fuel oil supply fears, driving crude prices higher and sparking a flight to safety…
Kuwait’s oil chief seeks pipeline alternatives to skirt the Strait of Hormuz, signaling ongoing supply-side risks that could support crude prices in…