Crude Oil
-
worldUAE Exits OPEC Amid Iran Conflict, Strait of Hormuz Closure Tightens Oil Supply
The UAE leaves OPEC as Iran conflict rages and Strait of Hormuz closes. WTI crude tops $100 per barrel.
-
financeUS Crude Rises to $105.50 After Earlier Spike to $110.93
West Texas Intermediate crude edges up amid lingering uncertainty over the US-Iran conflict and its impact on global oil supplies.
-
worldExxonMobil Output Drops 15% Amid Strait of Hormuz Closure
ExxonMobil reports 15% of output affected by Strait of Hormuz closure amid U.S.-Iran conflict, driving crude oil price expectations to $90 by June end.
-
financeMiddle East Conflict Drives Oil Price Forecast to Hit $90 by June
ECB warns of persistent energy price increases as geopolitical instability impacts crude oil markets.
-
financeIran Tensions Push Oil Price Prediction to $90 by June
Markets price 100% chance of crude hitting $90 by June amid Iran conflict and Goldman Sachs warning on retail impact.
-
worldIran's Supreme Leader Defies US Blockade as Oil Prices Soar
Iran's new Supreme Leader Mojtaba Khamenei rejects US naval blockade, claiming control over the Strait of Hormuz as oil tops $126 a barrel.
-
financeGeopolitical Tensions Drive Crude Oil Prices Higher, Benefiting Chinese Energy Giants
US-Iran conflict and market speculation are pushing crude oil prices up, positively impacting Sinopec and CNOOC earnings. Investors watch OPEC+ and geopolitical shifts.
-
financeUS Holds Firm on Iran, Russia Oil; Supply Shock Risk Remains Low
Treasury Secretary Bessent signals no renewal of Iran/Russia oil waivers, with traders pricing in minimal supply shock risk despite ongoing sanctions.