Energy ministers consider tapping up to 400 million barrels as global supply shock pushes crude above $100
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Tag:
Oil Market
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Futures & Commodities
Russia’s ‘Floating Oil’ Becomes Windfall as Hormuz Crisis Disrupts Supply
by Dean Dougnby Dean DougnStranded barrels once shunned by buyers are now prized as India and Asia scramble for energy
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Trump rejects Iran deal while unexpected U.S. job losses deepen market anxiety
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Energy shock from the Iran conflict pushes New Delhi back toward discounted Russian crude
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Energy surge and geopolitical risk weigh on equities despite recent tech-led rebound
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Strait of Hormuz disruption, U.S. embassy drone strike, and global selloff rattle energy, FX and equity markets
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Futures & Commodities
$100 Oil? Hormuz Crisis Threatens Global Shock
by Daphne Dougnby Daphne DougnAnalysts warn prolonged Strait disruption could trigger 1970s-style energy spike
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Energy routes at risk as investors pivot to safe havens amid rising war fears
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Futures & Commodities
Russia’s Grip Slips as OPEC Reclaims India’s Oil Market
by Dean Dougnby Dean DougnSanctions squeeze Russian crude, pushing India back toward Middle East suppliers
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BUSINESSFutures & Commodities
US Sells $500M of Venezuelan Oil — Signaling a Major Shift in Global Energy Power Dynamics
by Dean Dougnby Dean DougnFirst tranche of crude sold under Washington’s control as markets, capitals and oil giants recalibrate after Venezuela upheaval