Missiles targeting Saudi oil refineries shot down, sources say
Developing story — details emerging. Check the source link for the latest updates.
141 headlines
Developing story — details emerging. Check the source link for the latest updates.
Depleted emergency oil reserves create a dangerous game if the Strait of Hormuz and the Red Sea are effectively shuttered.
Developing story — details emerging. Check the source link for the latest updates.
Tariffs are back, but this time there is a war in the Persian Gulf and oil has hit $100 a barrel.
Brent futures surged past $100 a barrel as the conflict in the Middle East widens and Ukraine strikes Russian infrastructure.
Every bull market has a recurring cast of villains. Oil shocks. Inflation.
Developing story — details emerging. Check the source link for the latest updates.
Oil prices aren’t yet near the level economists had said would put the global economy in jeopardy of a recession.
Oil prices dropped by around 3% on Friday, but remained on track for a weekly jump of 10% as the U. S. -Iran war continued to escalate.
The breakdown of the US-Iran ceasefire threatens to leave Brent crude hovering around the $100-a-barrel mark well past July and into the end of the year, according to Rapidan Energy Group’s increased forecast.
More than 60 commercial ships have been attacked in the Persian Gulf, Strait of Hormuz and Gulf of Oman since March 1.
Developing story — details emerging. Check the source link for the latest updates.
U. S. Treasury yields slid on Friday as oil prices dropped following a report that Pakistan is exploring a way to restart peace talks between the U.
Developing story — details emerging. Check the source link for the latest updates.
U. S. Treasury yields fell on Friday as oil prices dropped following a report that Pakistan is exploring a way to restart peace talks between the U.
The largest Russian oil port in the Black Sea paused tanker loadings over the past several days, amid a surge in Ukrainian drone attacks in the area.
Developing story — details emerging. Check the source link for the latest updates.
Developing story — details emerging. Check the source link for the latest updates.
Middle East tensions are once again driving up global oil prices, with Brent crude climbing above $100 a barrel for the first time since May. While much of the focus has been on the strategic Strait of Hormuz, the alternative shipping route through the Red Sea is becoming increasingly dangerous ...
Britain’s bond traders have spent Andy Burnham’s first week in office trying to price two different forces: the spending ambitions of his new government and the impact of oil prices hovering near $100 a barrel.
The Nasdaq 100 Index tumbled Friday, capping its first back-to-back weekly loss since late March as it was dragged down by the oil-price spike and a selloff in the tech stocks that once surged on the back of the AI investment boom.
The S&P 500 Index was little changed Friday, steadying from the deepest one-day drop in a month, as Brent crude prices fell below $100 a barrel and the scale of the selloff in Big Tech shares eased up. Major indexes are still headed for weekly losses.
“Since everything relies on petroleum in our economy, for good or ill, if the cost of petroleum goes up, then everything else goes up as well.
Attacks on ships by the Yemeni rebels have slowed but not stopped Red Sea oil shipments