Finance
Hormuz Flare-Up Threatens Oil Supply Recovery, Goldman Warns
Renewed tensions in the Strait of Hormuz could impede the recovery of Middle Eastern oil supplies, Goldman Sachs Group Inc. cautioned, citing...
#oil markets 26 articles
Investing
US Halts Dollar Sales for Iranian Oil
The US Treasury Department has stopped allowing Iranian oil sales in US dollars, stranding over 60 million barrels after Gulf strikes. This...
Markets
Oil Prices Jump After Strait of Hormuz Tanker Attacks
Crude oil prices rose sharply on Tuesday following projectile attacks on at least three tankers in the Strait of Hormuz, reigniting fears...
Markets
Brent Crude Erases Wartime Gains as US-Iran Peace Unleashes Global Oil Glut
Oil prices are tumbling globally following a US-Iran peace deal, unleashing a wave of supply that has erased wartime gains and rekindled...
Finance
Hormuz Reopening Faces Lingering Shipping Risks
A proposed US-Iran deal to reopen the Strait of Hormuz offers hope, but naval mines, high insurance, and geopolitical tensions mean shipping...
Markets
Oil Drops Despite US-Iran Talks Stalling
Oil prices saw a notable decline on Wednesday, even as U.S.-Iran peace negotiations faced significant hurdles. Brent and WTI crude futures each...
Markets
Government Halts Anthropic AI Model, Market Focuses Elsewhere
The government recently shut down Anthropic's powerful Fable 5 AI model due to undisclosed concerns. Despite the significant regulatory action, financial analysts...
World Business
Riyadh, Moscow Cement Oil Control; OPEC Influence Wanes
As Saudi Arabia and Russia deepen their energy cooperation, their combined influence over global oil supply grows, challenging traditional market dynamics amidst...
Markets
Oil Prices Plunge as Hormuz Traffic Restarts, Peace Talks Stall
Global oil prices saw a steep weekly loss as tanker traffic resumed through the Strait of Hormuz following a U.S.-Iran peace deal,...