US Oil Reserve Dips to 43-Year Low Amid Iran Deal Talks
The U.S. Strategic Petroleum Reserve has fallen to ~340M barrels, its lowest level since 1983, according to Department of Energy data released...

The U.S. Strategic Petroleum Reserve has fallen to ~340M barrels, its lowest level since 1983, according to Department of Energy data released...

A US-Iran deal to reopen the Strait of Hormuz offers hope, but mines, high insurance, and geopolitical risks mean pre-war shipping normalcy...

Crude oil and fuel shipments through the Strait of Hormuz have reached ~7M bbl/day, half of volumes stranded, Energy Secretary Chris Wright...

Oil prices surged Monday, recouping recent losses, as uncertainty surrounding a potential peace deal with Iran intensified. Brent crude futures rose 3.3%...

US and Iran exchange draft changes for a ceasefire and Strait of Hormuz deal, but progress remains uncertain as Israel expands its...

The CEO of Saudi Aramco reports a weekly loss of 100 million barrels due to the Strait of Hormuz closure, driving oil...

President Trump announced a peace deal with Iran to reopen the Strait of Hormuz is 'largely negotiated' and will be announced soon.

Gold prices remained largely unchanged on Wednesday, trading near seven-week lows at $4,482.58 an ounce, as a stronger dollar and rising Treasury...

Global markets faced pressure Monday from rising oil prices and climbing bond yields. The ongoing U.S.-Iran standoff continues to disrupt shipping lanes...