Stocks
Crude Prices Jump as Hormuz Closure Persists After Trump Rejects Iran Deal
Crude oil and gasoline prices surged on Monday following President Trump's rejection of Iran's latest peace proposal, prolonging the closure of the...
#energy markets 33 articles
Stocks
Crude Oil Rises After Trump Rejects Iran Peace Offer
Crude oil futures gained Sunday after President Trump rejected Iran's peace proposal as 'totally unacceptable,' citing concerns over the Strait of Hormuz.
Stocks
Crude Prices Climb as Strait of Hormuz Tensions Escalate
Crude oil and gasoline prices rose Friday, driven by escalating US-Iran hostilities in the Strait of Hormuz, threatening global energy supplies.
World Business
OPEC+ Adds Modest Output as Iran Blocks Hormuz Strait
Seven OPEC+ nations agreed to a modest 188,000 bpd production rise for June. The increase is symbolic, overshadowed by Iran's blockade of...
Stocks
US Nat-Gas Prices Climb on Cold Weather Outlook, Global Supply Concerns
US natural gas prices rose to a three-week high, driven by forecasts for below-normal temperatures boosting heating demand. Global supply disruptions also...
Stocks
Oil Giants Defy Trump’s Call for More Drilling
Exxon Mobil (XOM) and Chevron (CVX) will not boost production despite President Trump's pleas, maintaining their strategies amid a Middle East-induced energy...
Markets
Oil Prices Skyrocket Amidst Ongoing Gulf Crisis and Strait Blockade
Crude oil prices have surged dramatically as the Middle East conflict and active blockade of the Strait of Hormuz show no signs...
Stocks
Oil Jumps $7 on Extended Iran Blockade Fears
Crude oil futures climbed significantly, reaching multi-week highs. This surge is driven by expectations of a prolonged U.S.-Iran standoff and potential disruptions...
Markets
Oil Prices Climb as Hormuz Standoff Intensifies
Oil prices surged Tuesday as U.S.-Iran peace talks faltered and the Strait of Hormuz remained effectively closed, raising concerns over energy supply.