105 stories tagged #Crude Oil

  1. US Military Strikes on Iran Trigger 4% Surge in Crude Oil Prices
    finance

    US Military Strikes on Iran Trigger 4% Surge in Crude Oil Prices

    Crude oil prices jumped 4% after US military strikes against Iran, raising fears of supply disruptions through the critical Strait of Hormuz.

    19h ago 1 min read
  2. China Directs Sinopec to Maintain Fuel Output Amid Iran Oil Squeeze
    finance

    China Directs Sinopec to Maintain Fuel Output Amid Iran Oil Squeeze

    Beijing orders Sinopec to keep gasoline and diesel production at 2025 levels despite tightening crude supplies and margin pressure from the Iran conflict.

    2d ago 1 min read
  3. NATO Urges Iran to Reopen Strategic Strait of Hormuz
    finance

    NATO Urges Iran to Reopen Strategic Strait of Hormuz

    NATO Secretary General expects member nations to press Iran for full reopening of the Strait of Hormuz, a key global oil supply route currently restricted by conflict.

    6d ago 1 min read
  4. Oil Prices Jump After U.S. Strikes on Iran Escalate Strait of Hormuz Tensions
    finance

    Oil Prices Jump After U.S. Strikes on Iran Escalate Strait of Hormuz Tensions

    U.S. and Brent crude oil futures climbed after American military action against Iranian targets, raising fears of disruption in the critical Strait of Hormuz.

    6d ago 1 min read
  5. China Eases Oil-Product Export Curbs, Raises July Quota to 800,000 Metric Tons
    world

    China Eases Oil-Product Export Curbs, Raises July Quota to 800,000 Metric Tons

    Beijing lifts refined fuel export limits for July by 33%, signaling confidence in domestic supply despite lingering regional tensions and year-over-year declines.

    last wk. 1 min read
  6. Iran Seizes Control of Hormuz Shipping Lanes, Escalating Global Oil Supply Risk
    finance

    Iran Seizes Control of Hormuz Shipping Lanes, Escalating Global Oil Supply Risk

    Tehran mandates its own routes and permits for foreign vessels transiting the Strait of Hormuz, threatening the security of a waterway critical to 20% of the world’s oil.

    2w ago 1 min read
  7. Oil Prices Hit Pre-War Levels After U.S.-Iran Peace Deal
    finance

    Oil Prices Hit Pre-War Levels After U.S.-Iran Peace Deal

    Crude oil has fallen to $72 per barrel following a peace agreement between the U.S. and Iran, which reopened the strategic Strait of Hormuz.

    2w ago 1 min read
  8. Iranian Attack on Cargo Vessel Near Oman Triggers Surge in Crude Oil Prices
    world

    Iranian Attack on Cargo Vessel Near Oman Triggers Surge in Crude Oil Prices

    An attack on a cargo vessel near Oman attributed to Iran’s Revolutionary Guard escalates Strait of Hormuz tensions, causing immediate crude oil price spike and heightening market fears of supply disruption.

    2w ago 1 min read