Brent and WTI rose more than 3% after Iranian missiles targeted US forces and US-Saudi strikes hit Iran-aligned sites in …
Hormuz
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Futures & CommoditiesPOLITICS
Rubio Warns Iran’s Hormuz Demands Risk Global Fallout as U.S. Strikes Continue
by Dean Dougnby Dean DougnMarco Rubio accused Iran of breaching its Hormuz commitments as U.S. strikes continued for an 11th night, threatening oil flows …
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The proposal offers a narrow window to restore the June memorandum, but continued military deployments and reciprocal strikes underline how …
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POLITICSReviews
Why Trump Abruptly Scrapped His 20% Hormuz Transit Fee Plan
by Dean Dougnby Dean DougnIntense Gulf diplomacy, oil market fears, and strategic pressure forced a rapid White House reversal on one of Trump’s boldest …
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Middle East tensions jolt energy markets as Europe’s largest economy accelerates a historic shift from legacy industries to semiconductors.
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Futures & Commodities
First Pacific LNG Shipment From Mexico Heads to Asia, Bypassing Hormuz
by Daphne Dougnby Daphne DougnTotalEnergies launches a new LNG supply route to South Korea, offering Asia greater energy security beyond Middle East chokepoints
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POLITICS
Trump Announces US-Iran Peace Deal, Hormuz Reopens After Months of Energy Shock
by Dean Dougnby Dean DougnAgreement Could Unlock Global Oil Flows and Ease Inflation Pressures Worldwide
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Trump claims breakthrough talks with Gulf leaders, Israel, and Iran could ease tensions around the world’s most critical oil chokepoint.
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Futures & Commodities
Iran Tightens Grip on Strait of Hormuz Shipping
by Daphne Dougnby Daphne DougnTehran unveils new control mechanism for the world’s most critical oil chokepoint amid fragile ceasefire talks.
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Markets brace for prolonged supply shock as geopolitics threaten 20% of global oil flows