Investing
US Halts Iranian Oil Dollar Sales After Gulf Strikes
The US Treasury Department has revoked a waiver, blocking Iranian oil sales in US dollars, leaving over 60 million barrels stranded following...
#oil markets 37 articles
Markets
Oil Prices Climb as Hormuz Deal Hopes Fade, US-Iran Talks Stall
Oil prices extended gains to an over one-week high Tuesday, driven by diminishing prospects for a US-Iran agreement to reopen the critical...
Markets
Oil Holds Steady as Hormuz Talks Progress Amid Regional Tensions
Oil prices remained stable as markets watched U.S.-Iran talks on the Strait of Hormuz. Diplomatic progress is noted, but regional security risks...
Markets
Oil Prices Plunge as Trump Halts Iran Strikes, Deal Nears
Oil prices fell sharply Sunday after President Donald Trump ordered U.S. forces to hold off on new strikes against Iran, citing an...
World Business
OPEC+ Completes 2023 Cut Reversal with Modest Quota Hike
OPEC+ nations approved a 188,000 bpd quota increase, theoretically unwinding 2023 cuts. The move offers future flexibility once Middle East conflict ends.
Markets
Gold Climbs As Mideast Calm Dents Dollar, Yields
Gold prices rose as US-Iran truce hopes cooled oil, dollar, and Treasury yields, easing inflation fears ahead of key central bank meetings...
Stocks
Aramco Oil Depots Hit by Houthis; US Pauses Iran Strikes for Two Weeks
Houthi forces attacked two Saudi Aramco oil depots along the Red Sea on Saturday. This coincided with the US holding off on...
Markets
Gold Prices Dip on West Asia Instability
Gold prices receded from a two-week high on Thursday, with spot gold falling nearly 1 percent, as escalating Middle East tensions reignited...
Stocks
U.S. Strikes Iran After Ship Attack, Fueling Gulf Oil Instability Fears
President Trump ordered new U.S. airstrikes on Iran overnight Saturday targeting military assets after an attack on a Cyprus-flagged ship, intensifying Persian...