US gasoline prices expected to stay above $4 per gallon: Bloomberg
Persistently high gas prices may dampen consumer spending, influence crude oil futures, and signal broader economic challenges. The post US gasoline p...
Sep 13open_in_new
OIL (OIL) — News
1,992 articles · updated every 3 minutes
Donald Trump declines to confirm US strike on Iranian vessel
Strategic ambiguity in US-Iran maritime tensions risks destabilizing global oil markets and complicating international diplomatic efforts. The post Do...
Sep 13open_in_new
Gulf states and Iran meeting postponed, delaying Strait of Hormuz talks
The postponed talks heighten regional instability, impacting global oil markets and diminishing prospects for diplomatic resolutions in the near term....
Sep 13open_in_new
US Energy Secretary Chris Wright warns oil traders not to bank on Iran deal for Strait of Hormuz
The reliance on alternative oil routes highlights the fragility of global energy logistics and the potential for increased costs and instability. The ...
Sep 13open_in_new
Trump suggests US may stay in Iran to control oil amid rising tensions
Trump's remarks may heighten U.S.-Iran tensions, reducing prospects for diplomatic solutions and impacting market confidence negatively. The post Trum...
Sep 13open_in_new
Houthi advance in Yemen challenges Gulf states’ strategic decisions
The Houthi advance may reshape regional power dynamics, affecting global shipping and oil flow, while influencing U.S. and Gulf state policies. The po...
Sep 13open_in_new
Trump suggests US could maintain presence in Iran for oil access
Trump's proposal could heighten geopolitical tensions, impacting global oil markets and influencing US foreign policy and election dynamics. The post ...
Sep 13open_in_new
Costco limits motor oil sales amid US-Iran conflict shipping disruptions
Rationing highlights vulnerabilities in global supply chains, potentially leading to increased costs and economic instability amid geopolitical tensio...
Sep 13open_in_new
Ukrainian drone evades Russian helicopter fire, strikes sanctioned oil tanker near Sochi
Ukraine's drone strikes on Russia's shadow fleet highlight the growing impact of low-cost unmanned systems in disrupting global oil logistics. The pos...
Sep 13open_in_new
Iran seeks Gulf support for Hormuz plan
Iran's outreach to Gulf states for Hormuz cooperation may reduce regional tensions, impacting global oil security and U.S. strategic interests. The po...
Sep 13open_in_new
US, UK, and Japan face pivotal rate decisions as oil prices and bond yields surge
Central banks' rate decisions amid rising oil prices and bond yields could reshape global economic stability, impacting inflation and growth. The post...
Sep 13open_in_new
Iraq: Accused Omid Haji Ahmad is on US sanctions lists for smuggling Iranian oil
The sanctions on Ahmad highlight ongoing U.S. efforts to disrupt Iran's oil trade, impacting geopolitical stability and nuclear negotiations. The post...
Sep 13open_in_new
Iran denies being at war with Saudi Arabia after drone strike hits critical oil pipeline
The drone strike exacerbates regional tensions, challenging diplomatic efforts and impacting global oil markets amid fragile Saudi-Iran relations. The...
Sep 13open_in_new
Vessel hit by projectile catches fire in Strait of Hormuz, raising tensions
The incident exacerbates geopolitical tensions, threatening global shipping stability and potentially disrupting critical oil supply routes. The post ...
Sep 13open_in_new
Attack on Strait of Hormuz shipping raises fears for oil supplies
Rising tensions in the Strait of Hormuz threaten global oil stability, prompting market volatility and increased shipping insurance costs. The post At...
Sep 13open_in_new
Iraqi authorities seize 15 drone launch platforms after strikes on Saudi pipeline
Iraq's decisive actions highlight regional tensions and underscore the vulnerability of global oil supply chains to geopolitical conflicts. The post I...
Sep 12open_in_new
UAE crude exports return to pre-war levels as Iranian shipments vanish
The UAE's strategic infrastructure investments have bolstered its oil export resilience, highlighting the geopolitical vulnerabilities of reliance on ...
Sep 12open_in_new
As Iran proxies activate in Yemen and Iraq, Trump’s Mideast morass deepens
Iranian proxies block key energy routes, raising oil supply concerns. Crude oil reaching a new all-time high by December 31 at 15% YES. The post As Ir...
Sep 12open_in_new
US crude oil tops $102 amid Middle East supply concerns
Rising oil prices due to Middle East tensions could strain global economies, while China's demand shifts may redefine future market dynamics. The post...
Sep 12open_in_new
Saudi Arabia shuts East-West pipeline after drone strikes traced to Iraq
The pipeline closure exacerbates global energy market instability, highlighting vulnerabilities in Saudi oil export routes amid regional tensions. The...
Sep 12open_in_new
Trump links Iran to drone attack on Saudi pipeline as oil prices spike toward $110
Rising oil prices due to geopolitical tensions could exacerbate global economic instability, impacting inflation and consumer costs worldwide. The pos...
Sep 12open_in_new
Trump predicts Iran conflict to end soon, oil prices to drop
Trump's prediction may influence market optimism, potentially affecting diplomatic strategies and oil market stability amid ongoing tensions. The post...
Sep 12open_in_new
Iran asserts full control over Strait of Hormuz amidst US tensions
Iran's control over the Strait of Hormuz may escalate geopolitical tensions, affecting global oil markets and complicating diplomatic efforts. The pos...
Sep 12open_in_new
European natural gas prices headed for their biggest weekly gain since July as the conflict in the Middle East intensified
Rising European gas prices amid Middle East tensions could trigger broader energy market volatility, impacting global oil dynamics. The post European ...
Sep 12open_in_new
Houthis open new front in Middle East war, oil prices rise
Rising oil prices due to Middle East tensions could strain global economies, prompting strategic shifts in energy policies and market responses. The p...
Sep 11open_in_new
White House weighs invoking Defense Production Act to boost US oil refining capacity
Invoking the Defense Production Act could stabilize fuel prices and enhance energy security, but may face regulatory and logistical hurdles. The post ...
Sep 11open_in_new
Saudi oil pipeline hit by projectiles, raising supply concerns: CNN
The incident underscores geopolitical risks, potentially driving oil prices higher and affecting global economic stability and energy policies. The po...
Sep 11open_in_new
Oil tanker rates hit record highs as US-Iran shipping attacks escalate in Persian Gulf
Escalating tensions in the Persian Gulf disrupt global energy supply chains, driving up costs and exacerbating geopolitical instability. The post Oil ...
Sep 11open_in_new
Shanghai crude hits $121 on massive buying spree in China
China's aggressive crude buying reshapes global oil dynamics, highlighting Asia's growing influence and potential geopolitical ripple effects. The pos...
Sep 11open_in_new
Houthi forces seize Mokha port and push toward Bab al-Mandab chokepoint
Houthi control near Bab al-Mandab threatens global trade routes, potentially escalating oil prices and disrupting supply chains further. The post Hout...
Sep 11open_in_new