OPEC+
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worldIran's Oil Exports Grind to a Halt as Kharg Island Terminal Goes Dark
For 10 days, no tankers loaded at Iran's key terminal. Exports plunged to 600,000 bpd amid fears of Israeli strikes.
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financeStrait of Hormuz Closure Pushes WTI Crude Oil Toward $110
Geopolitical tensions in the Strait of Hormuz drive WTI crude oil prices, with markets pricing a 50% chance of reaching $110 in May 2026.
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worldMorgan Stanley Warns of Oil Price Shock if Strait of Hormuz Stays Closed
Morgan Stanley flags rising oil price risk as Strait of Hormuz closure threatens supply, supporting WTI above $150.
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worldIran Closes Strait of Hormuz, Oil Prices Surge
Iran's closure of the Strait of Hormuz disrupts global oil supply, driving WTI crude to $95.42.
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financeAPI Reports Massive Crude Draw, Oil on Track for $90 by June
U.S. crude inventories fell by 8.1 million barrels, far exceeding expectations, as Hormuz blockade tightens global supply.
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financeSaudi Arabia Slashes Key Oil Price for Asia Amid Easing Demand
Saudi Aramco cuts June Arab Light OSP to Asia by $4, reflecting cooling demand and easing supply fears after months of war-driven price surges.
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financeGas Prices Surge in All 50 States as National Average Nears $5
Gas prices are rising across all 50 states, with the national average reaching $4.46 per gallon. Analysts warn of continued volatility.
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financeOil Surges Past $125 After OPEC+ Output Hike Amid Strait of Hormuz Closure
Global oil supply faces critical disruption as Strait of Hormuz closure traps 10M barrels daily.