Oil prices jumped over 7% on Monday after the Strait of Hormuz was closed again amid U.S.-Iran tensions, rebounding from a 9% drop last Friday. Brent crude futures rose $6.56, …
EnergyMarkets
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Foreign Report/International Figures
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Foreign Report/International Figures
Oil Prices Slip as Prospects of US-Iran Talks Ease Supply Fears
by Toye Faleyeby Toye FaleyeCrude prices pulled back in early Asian trading on Tuesday as hopes of renewed U.S.-Iran talks took some of the heat out of markets rattled by Washington’s blockade of the …
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Oil and Gas
Oil Prices Rise as US‑Israel War with Iran Disrupts Supply
by Toye Faleyeby Toye FaleyeTokyo: Oil prices rose on Monday, as the U.S.-Israeli war with Iran continued to disrupt global supplies following the Easter holiday weekend. Brent crude futures rose $2.4, or 2.2%, to …
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Brent and WTI crude climb over 4% after Trump signals no immediate end to conflict Oil prices surged after President Donald Trump pledged continued U.S. military action against Iran, targeting …
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Features/News Analyses
FEATURE ANALYSIS | THE STRAIT THAT RULES THE WORLD: How a 21-Mile Gap Is Reshaping the Global Economy
The Strait of Hormuz has never formally closed. It doesn’t need to. Here is what is already happening — and why the ripples reach your table. Most people think war …
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By Kehinde Adegoke | Reuters President Donald Trump jolted global energy markets Monday, announcing through social media that the U.S. would postpone military strikes against Iranian energy sites, pending five …
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News Across the Nation
Oil Prices Surge as US–Iran Conflict Escalates, Disrupts Shipping
by Toye Faleyeby Toye FaleyeToye Faleye/Reuters Oil prices rose more than 8% to their highest in months on Monday amid increased military activity between Iran and Israel. Tankers were affected, and shipments from the …
