Iran and Oman’s agreement on the Strait of Hormuz shipping route lessens immediate supply threat for global oil markets, though skepticism about…
Shipowners flagged that Strait of Hormuz tolls would trigger broader shipping charges, tightening oil supply chains and injecting fresh geopolitical risk premium…
Oil slumps as a Hormuz reopening deal promises to restore safe passage and unwind the geopolitical risk premium.
BP announces sale of biogas business following profit boost from Middle East operations, signaling a strategic pivot to prioritize oil and gas…
Saudi Aramco's Q2 net income climbed 33% to $29.1 billion as oil prices spiked above $90 on supply fears from the US-Iran…
Gold prices remain rangebound as Middle East peace negotiations dampen demand for safe-haven assets and push back expectations for Federal Reserve rate…
Kuwait’s July oil output hit its highest since the Mideast war started, adding to global supply and pressuring crude prices amid fragile…
Turkey extends its Iraq oil pipeline deal by one year, ensuring continued Iraqi crude flows and reducing supply disruption risks for global…
US military interception of an Iranian drone and missile attack drives crude oil prices up over 4%, lifting energy equities and boosting…
Oil prices are seen ending the year near $100/bbl as Rapidan Energy warns of Middle East supply disruptions, pointing to a potential…
China accelerates Russian oil imports as Middle East tensions jeopardize global crude supply, lifting oil prices and reshaping energy and currency markets.
Precious metals prices are fluctuating amid Middle East escalation, capping bullish momentum despite safe-haven demand.