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 ...
Tag: Oil
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 ...
Alaska’s oil revival sparks a new energy rush Into the Arctic
When John Kurz left Alaska’s North Slope in 2009, he was staring at a grim future for what had once ...
The more generous U.S. ceasefire terms are, the more suspicious Iran becomes about another attack
Iran’s regime may be wondering if an emerging deal to extend its ceasefire with the U.S. is too good to ...
As U.S.-Iran deal nears, Trump ally warns against creating perception Tehran controls Hormuz
President Donald Trump announced Saturday that an agreement to reopen the Strait of Hormuz is near, but a top ally ...
Russian warship & sanctioned oil tanker sail through the English Channel ‘on way to break Trump’s Cuba blockade’
A RUSSIAN warship and sanctioned oil tanker has sailed through the English channel and is potentially headed for Cuba. The ...
Trump reveals secret ‘discombobulator’ weapon used in Maduro raid as Don says US has taken oil from seized tankers
DONALD Trump has revealed the existence of a secret new weapon called “The Discombobulator” that was crucial to the capture ...
US seizes another oil tanker off Venezuela’s coast & warns ‘we will stop you’
DONALD Trump ordered the capture of another oil tanker off the coast of Venezuela in a dramatic early morning operation. ...
Welcome to LJ News Opinions, where breaking news stories have captivated us for over 20 years.
Join us in this journey of sharing points of view about the news – read, react, engage, and unleash your opinion!