Rising tempo of combat in battle for Hormuz tests market’s confidence that the worst is over on Iran
U.S. stock futures dipped late Sunday while oil prices rose, but didn’t spike, as investors kept their cool after a ...
Tag: Oil
The US and Iran can’t agree on reopening Hormuz. The solution could be from the Old Testament
Despite the U.S.-Iran ceasefire agreement, the Persian Gulf has seen on-again, off-again fighting as both sides try to assert control ...
Oil demand is falling, and crude prices are down. But here’s why gasoline, diesel are still costly
Global oil demand is set to decline this year for the first time since the height of the COVID-19 pandemic ...
Russia’s fuel crisis is so bad that a mom and her baby waited in line for 18 hours to get gas
The fuel shortage ravaging Russia has forced motorists around the country to wait in endless lines to fill up, evoking ...
Markets feel relief as US and Iran agree to a ceasefire on their increasingly violent ‘ceasefire’
Stock futures rallied on Sunday evening after the U.S. and Iran appeared to step back from a weekend of escalating ...
The US and Iran exchange new attacks over Strait of Hormuz as Tehran tries to close competing route
A lot of projectiles have been flying across the Persian Gulf recently, despite the U.S.-Iran agreement to extend their ceasefire ...
Dow futures drop and oil jumps as first day of US-Iran talks sees Trump threaten Tehran on Hormuz
U.S. stock futures fell and oil prices rose after peace talks between the U.S. and Iran got off to a ...
Shipping companies will decide when the Strait of Hormuz is open, and the latest deal sows confusion
Just days after the U.S. and Iran signed a memorandum of understanding to reopen the Strait of Hormuz, Tehran announced ...
Oil and gas supplies could take months to return to normal after Iran deal, energy experts say
It will likely take months before energy companies can resume operations to the point of meeting the world’s demand, according ...
Markets celebrate U.S.-Iran deal as both sides confirm this time is real
U.S. stock futures jumped and oil prices tumbled on Sunday after the U.S. and Iran confirmed they reached a deal ...
Iran proved it can close the Strait of Hormuz, but the U.S. is showing it can punch open a hole
Regardless of a ceasefire deal that reopens the Strait of Hormuz, Iran’s demonstrated ability to shut it down will continue ...
Current price of oil as of June 12, 2026
At 8:50 a.m. Eastern Time today, oil was priced at $89.94 per barrel with Brent serving as the benchmark (we’ll ...
Analysts were wrong about sky-high oil prices, and they have China to thank for it
In the early days of the Iran war, analysts held the grim prediction that crude oil prices would top $200 ...
Current price of oil as of June 8, 2026
As of 9:10 a.m. Eastern Time today, oil sold for $97.15 per barrel (using Brent as the benchmark, which we’ll ...
The Strait of Hormuz is more open than previously thought as the U.S. provides ‘naval overwatch’
Talks to extend the ceasefire between the U.S. and Iran are dead in the water, but traffic through the Strait ...
Oil bosses warn prices will soar within weeks as inventories near ‘really, really low levels’
The two biggest U.S. oil companies joined the growing chorus of voices sounding the alarm on the imminent doom global ...
Current price of oil as of May 26, 2026
As of 9:15 a.m. Eastern Time today, oil sold for $100.20 per barrel (using Brent as the benchmark, which we’ll ...
Markets rejoice as deal to reopen Hormuz nears, but US forces conduct ‘self-defense strikes’ on Iran
Stock futures jumped while oil prices and bond yields tumbled Monday evening on reports that a deal to reopen the ...
Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as GDP contracts
The Swedish government has come up with some drastically different economic figures on Russia that make the Kremlin’s official data ...
Oil drops as U.S. says deal with Iran and Hormuz reopening is near
Oil dropped as the US and Iran edged toward a deal, although President Donald Trump said that Washington’s blockade of ...
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