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Brent is set for a third consecutive week of gains, up 3.8% weekly. US WTI crude prices showed a slight increase amid market uncertainties.
A potential shutdown of the Strait of Hormuz amid rising Gulf tensions could trigger a sharp but brief surge in crude prices, ...
Pulitzer Prize Winner Daniel Yergin puts the price on oil's geopolitical risk premium and explains why the closure of the ...
Crude oil prices have extended gains for a third consecutive week due to escalating conflict in the Middle East and increased ...
According to the newspaper, Iran has an opportunity to install mines in the Strait of Hormuz, which will leave US warships isolated in the Persian Gulf ...
Hostilities between Israel and Iran have raised the cost of shipping insurance in the Persian Gulf and Red Sea, leading to ...
The U.S. West Texas Intermediate crude for July - which did not settle on Thursday as it was a U.S. holiday and expires on ...
NewsNation Chief Washington Anchor and On Balance host Leland Vittert gives you an early look at tonight’s 9 p.m. ET show.
President Ferdinand R. Marcos Jr. said the Philippine government is prepared to offer fuel subsidies to sectors that could be ...
The accident, which the United Arab Emirates said was unrelated to the conflict between Israel and Iran, occurred amid ...
(Reuters) -An escalation of the Iran-Israeli hostilities could keep Brent oil prices trading about 15% to 20% above ...
According to Alexander Novak, of all the world's oil exports, about one-third comes from the Persian Gulf countries through the Strait of Hormuz ...