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...
#energy markets 53 articles
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.
Stocks
U.S. Shale Industry Resists Output Hike for Two Years
U.S. shale executives do not expect to significantly increase oil production over the next two years, citing "chaos" from the Middle East...
Markets
G-7 Central Banks Brace for Energy Shocks, Keep Rates Steady
Policymakers across the G-7 are set to keep interest rates steady this week, maintaining a hawkish stance as they monitor rising energy...
Markets
US Crude Oil Inventories Rise Unexpectedly; Gasoline Stocks Plunge
US crude oil inventories unexpectedly climbed by 1.9 million barrels in the week ended April 17th, defying analyst expectations, while gasoline stockpiles...
Economy
Iran War’s Trade Shock: A New Global Disruptor?
The Iran conflict's impact on energy and commodities is forcing companies to rethink supply chains, potentially reshaping global trade more profoundly than...
Markets
Oil Prices Climb Despite Extended Ceasefire
Crude oil prices have surged, defying a U.S. extension of a two-week ceasefire due to persistent supply disruption fears stemming from the...
World Business
US Extends Russian Oil Sanctions Waiver After Bessent Reversal
The U.S. Treasury Department extended a 30-day waiver on Russian oil sanctions, reversing Secretary Scott Bessent's prior stance to ease Iran war...
Investing
Fuel Price Hikes Drive Consumer Interest in Electric Vehicles
Soaring fuel costs, exacerbated by the conflict in Iran, are prompting consumers to explore electric vehicle options. The New York Auto Show...