Middle East crude exports are set to reach 16.33 million barrels a day in September as Saudi shipments recover, but …
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Oil Markets
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Futures & Commodities
Oil Rises as Trump Rejects Iran’s Hormuz Reopening Proposal
by Dean Dougnby Dean DougnBrent climbed above $106 after Trump rejected Iran’s conditional Hormuz reopening proposal, renewing concerns over prolonged energy supply disruption.
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Futures & CommoditiesPOLITICS
Oil Jumps as US-Iran Fighting Resumes After Brief Pause
by Dean Dougnby Dean DougnBrent and WTI rose more than 3% after Iranian missiles targeted US forces and US-Saudi strikes hit Iran-aligned sites in …
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Futures & Commodities
Oil Surges Above $90 as Trump Threatens to Seize Iran’s Main Export Hub
by Daphne Dougnby Daphne DougnEscalating U.S.-Iran tensions reignite fears of a broader energy shock, pushing crude prices higher and putting global markets on alert.
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BUSINESSFutures & Commodities
BP Profits Surge as Iran Conflict Fuels Oil Rally
by Dean Dougnby Dean DougnEnergy giant beats forecasts as Strait of Hormuz tensions drive global price shock
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Futures & Commodities
Oil Slips as U.S.–Iran Truce Extension Masks Deeper Risk
by Dean Dougnby Dean DougnMarkets ease, but stalled diplomacy and port blockades keep global energy volatility alive
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Markets brace for prolonged supply shock as geopolitics threaten 20% of global oil flows
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A U.S. blockade of the world’s most critical oil chokepoint could redraw energy trade, pressure China, and force a new …
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Futures & CommoditiesPOLITICS
Trump Warns Iran Over Hormuz as Oil Risks Surge
by Dean Dougnby Dean DougnUS tensions with Iran reignite fears over global energy supply and shipping security
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Markets jolt as Middle East tensions flare, threatening global energy supply and investor sentiment