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IRAN WAR OIL IMPACT
Oil prices rebound by more than $2 a barrel on prospect of tightening US crude suppliesOil prices increased significantly on Wednesday due to declining U.S. crude inventories. OPEC+ is expected to halt output increases startin...
US senators announce deal on new Russia, Iran Sanctions BillSenators reached a deal on legislation empowering the president to restrict Russian and Iranian energy buyers. This measure allows tariffs ...
A misdiagnosis of US failings leaves Donald Trump stuck in IranTrump’s Iran strategy has reached a dead end despite repeated military threats, exposing the limits of US power. America’s inability to for...
Weak investments, higher oil prices to slow India's GDP growth to 6.6% in FY27: PollIndia's economic growth is projected to slow significantly this fiscal year. Private investment remains weak, and higher oil prices will im...
Airstrikes have paused and talks are pressing forward. But can US and Iran take the off-ramp?The United States military has halted airstrikes on Iran after nearly two weeks of intensified bombing. Diplomatic efforts are progressing ...
Missiles targeting Saudi oil refineries shot downSaudi Arabia intercepted two ballistic missiles from Yemen targeting oil refineries in Yanbu. U.S. forces launched air strikes on Iran afte...
Stocks waver on Wall Street while crude oil prices fall for the first time in a weekStocks saw a mixed close on Wall Street as oil prices declined after a week of gains. Major indexes experienced losses for the week due to ...
US military says it fired on another merchant vessel trying to breach its blockade of Iranian portsThe US disabled a second merchant vessel enforcing its blockade of Iranian ports as Iran targeted US-linked bases across the Gulf. Fighting...
US strikes Iran from south to north after Trump threats over Red Sea shippingUS missiles struck targets across Iran after Houthi attacks on Saudi tankers escalated regional conflict. Iranian forces retaliated by firi...
Explosions are heard near a US base in northern Iraq as US-Iran fighting escalatesExplosions sounded near a U.S. base in Iraq and sirens rang out in Bahrain on Friday. The U.S. military conducted its thirteenth night of s...
US strikes Iran and Bahrain warns of incoming fire as clashes over shipping routes escalateBahrain activated sirens amid escalating U.S. and Iran strikes over the Strait of Hormuz. Yemen's Houthi rebels targeted Saudi oil tankers,...
Trump threatens 'major military punishment' after Houthi strike on Saudi tankersPresident Trump vowed major military punishment for Iran and its Houthi allies. Houthi fighters struck two Saudi oil tankers in the Red Sea...
India's oil routes under pressure as second West Asia chokepoint shutsIndia faces intensified energy supply challenges due to choke point closures. Three Saudi oil tankers rerouted in the Red Sea amid Houthi b...
US House votes to halt Iran war in fresh rebuke to Donald TrumpThe US House passed a resolution directing President Trump to halt military action against Iran. This measure, largely symbolic, requires c...
New threat by Yemen's Houthis could widen Iran war, put another trade chokepoint at riskHouthi rebels threaten to blockade the Bab el-Mandeb Strait, impacting global trade routes. They recently attacked two Saudi oil tankers in...
'If we don't sell oil, no one will': Iran threatens wider crude disruptionIran warns of regional oil disruption if its exports are blocked. The United States conducted further strikes against Iran's infrastructure...
US Iran war bill climbs to $37.5 billion as Hegseth seeks urgent fundingThe United States' war in Iran has reached $37.5 billion in costs. Defense Secretary Pete Hegseth sought urgent funding from skeptical lawm...