268 stories tagged #Oil prices

  1. Trump Imposes 20% Toll on Strait of Hormuz, Sparking Oil Price Surge
    finance

    Trump Imposes 20% Toll on Strait of Hormuz, Sparking Oil Price Surge

    President Trump announced a naval blockade and 20% cargo toll at the Strait of Hormuz, a critical global oil chokepoint, sending prices sharply higher and raising geopolitical and economic concerns.

    4h ago 1 min read
  2. Houthi Attack on Saudi Airport Sparks Oil Price Surge
    finance

    Houthi Attack on Saudi Airport Sparks Oil Price Surge

    Crude oil prices jumped over 6% after Yemeni Houthi militants attacked a Saudi airport, raising fears of supply disruptions in the critical energy region.

    10h ago 1 min read
  3. Stanton Warns of Economic Threat From Strait of Hormuz Closure
    finance

    Stanton Warns of Economic Threat From Strait of Hormuz Closure

    A U.S. Congressman warns that the continued closure of the vital Strait of Hormuz threatens global economic stability, urging renewed diplomacy with Iran.

    yesterday 1 min read
  4. Iran Warns Gulf States to Shut Oil Wells Amid US Threats, Markets Shudder
    finance

    Iran Warns Gulf States to Shut Oil Wells Amid US Threats, Markets Shudder

    Tehran's warning to Gulf allies triggers oil price surge near $100/barrel and selloff in risk assets, highlighting geopolitical risks to energy and crypto markets.

    4d ago 1 min read
  5. Brent Crude Drops Below $71 as US-Iran Talks Show Progress
    finance

    Brent Crude Drops Below $71 as US-Iran Talks Show Progress

    Oil prices hit a multi-month low as diplomatic progress between Washington and Tehran reduces fears of supply disruption from the Persian Gulf.

    last wk. 1 min read
  6. AI Demand Now Drives Commodity Inflation, Replacing Oil's Traditional Role
    finance

    AI Demand Now Drives Commodity Inflation, Replacing Oil's Traditional Role

    A new ISM report shows AI infrastructure demand is becoming the primary driver of raw material costs, while oil prices decline despite geopolitical tensions.

    last wk. 1 min read
  7. Pentagon Delayed Iran Strike Announcement Until After Market Close
    finance

    Pentagon Delayed Iran Strike Announcement Until After Market Close

    The U.S. military announced strikes on Iranian nuclear sites after U.S. stock markets closed, a move analysts say aimed to prevent immediate financial volatility.

    2w ago 1 min read
  8. 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