crude oil
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worldIran Seals Strait of Hormuz, Global Oil Supply Chain at Risk
Iran's closure of the Strait of Hormuz blocks 20% of global crude transit, spurring Gulf states to fast-track alternative export routes.
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cryptoBitcoin Surges Past $82K as US-Iran Deal Hopes Ignite Market Rally
Bitcoin breaks $82,000 amid potential US-Iran framework agreement. The move is part of a broader risk-on rally as oil prices tumble.
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financeUAE Exits OPEC Amid Gulf Conflict, Sending Oil Markets Higher
The UAE leaves OPEC as Iran-US-Israel conflict closes Strait of Hormuz, driving crude prices toward $90.
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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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financeUS-Iran Conflict Drives Inflation, Dims Fed Rate Cut Hopes for 2026
Geopolitical tensions and energy price spikes reduce the likelihood of Federal Reserve rate cuts this year, as inflation remains elevated.
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cryptoUAE Exit from OPEC Sparks Oil Price Surge Fears
The UAE leaves OPEC amid regional conflict, with markets predicting crude oil hit $90 by June.
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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.
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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.