IEA warns of extreme volatility as Strait of Hormuz disruptions drain global oil supplies
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OPEC
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Futures & Commodities
Trump Floats Seizing Iran Oil as War Drives Prices Higher
by Daphne Dougnby Daphne DougnUS signals possible takeover of Kharg Island as Brent surges and Middle East tensions threaten global energy flows
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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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Producers weigh balance between market stability and geopolitical risk as new sanctions on Russia complicate the oil alliance’s strategy.
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BUSINESSFutures & Commodities
Oil Jumps 1% as OPEC+ Opts for Modest Output Hike, Easing Supply Glut Concerns
SINGAPORE—Global oil markets saw a swift uptick in early Monday trading, with crude prices rising approximately 1% after the OPEC+ …