
Oil Prices Soar 7% After US Seizure of Iran Ship
A bold U.S. naval operation in the Gulf of Oman triggered a seismic shift in global energy markets Monday. With Brent crude climbing to $96 per barrel—a 6.3% leap—and WTI hitting $88.3 after a 7%...
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A bold U.S. naval operation in the Gulf of Oman triggered a seismic shift in global energy markets Monday. With Brent crude climbing to $96 per barrel—a 6.3% leap—and WTI hitting $88.3 after a 7%...

Global energy markets saw a dramatic reversal on April 8 when President Trump revealed plans to suspend military action against Iran for 14 days. The move defused immediate threats of war in the...

Treasury Secretary Scott Bessent delivered an upbeat assessment of global oil dynamics, predicting that prices could tumble quickly once maritime bottlenecks in the Gulf subside. Addressing...

Iran is preparing to launch a paid traffic-control regime in the Strait of Hormuz that will favor commercial ships willing to work with Tehran while shutting out operators tied to the so-called...

As clashes with Iran intensify under Operation Epic Fury, the United States has signaled readiness to provide naval protection for oil tankers passing through the Strait of Hormuz. White House...