34 stories tagged #Oil

  1. South Korean Ship Struck in Strait of Hormuz, Escalating Crisis
    world

    South Korean Ship Struck in Strait of Hormuz, Escalating Crisis

    A South Korean vessel is hit off Iran, heightening fears of a wider conflict and military intervention in the key oil chokepoint.

    3w ago 1 min read
  2. US and Iran Exchange Military Strikes in Strait of Hormuz, Escalating Tensions
    world

    US and Iran Exchange Military Strikes in Strait of Hormuz, Escalating Tensions

    Direct fire between US Navy destroyers and Iranian forces ups the ante in the strategic waterway, threatening fragile ceasefire talks and global oil traffic.

    3w ago 1 min read
  3. Bitcoin Nears $82,000 as Oil Plunges on Iran Peace Hopes
    world

    Bitcoin Nears $82,000 as Oil Plunges on Iran Peace Hopes

    Risk assets rally as reports of a US-Iran memorandum of understanding boost market sentiment, sending Bitcoin higher and oil prices lower.

    3w ago 1 min read
  4. Iran Seizes Two Ships as Strait of Hormuz Traffic Plummets
    world

    Iran Seizes Two Ships as Strait of Hormuz Traffic Plummets

    Iran's seizure of two vessels slashes Strait of Hormuz traffic, escalating geopolitical tensions and impacting global oil and LNG markets.

    last mo. 1 min read
  5. IRGC Commander Declares Unauthorized Hormuz Vessels Legitimate Targets
    world

    IRGC Commander Declares Unauthorized Hormuz Vessels Legitimate Targets

    Ahmad Vahidi warns ships without authorization in Strait of Hormuz face attack, escalating U.S.-Iran tensions and impacting oil markets.

    last mo. 1 min read
  6. Oil Surges Above $100 as Middle East Tensions Rattle Global Markets
    finance

    Oil Surges Above $100 as Middle East Tensions Rattle Global Markets

    Oil prices spike above $100 amid Strait of Hormuz disruptions, complicating ECB and Fed rate decisions with persistent inflation risks.

    last mo. 1 min read
  7. US Launches 'Project Freedom' Naval Mission Amid Hormuz Tensions
    world

    US Launches 'Project Freedom' Naval Mission Amid Hormuz Tensions

    The US announces a naval escort mission in the Strait of Hormuz, escalating tensions with Iran and impacting global oil markets.

    last mo. 1 min read
  8. Trump Signals Rejection of Iran Peace Proposal, Cites Insufficient Concessions
    world

    Trump Signals Rejection of Iran Peace Proposal, Cites Insufficient Concessions

    President Trump indicates he will likely reject Iran's latest peace proposal, claiming Tehran hasn't faced enough consequences for its actions.

    last mo. 1 min read