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Global Market: Goldman Sachs sees Brent crude trading at $80-$90 until Iran conflict outlook clearsGoldman Sachs forecasts Brent crude prices between $80 and $90 per barrel. This range persists until clarity emerges on US-Iran nuclear tal...
Oil Price Today (August 4): Crude oil nears $85 as peace talks uncertainty loom after fresh attacks. What are experts saying?Oil prices saw a slight increase on Tuesday after significant Monday losses. Supply risks in the Middle East resurfaced as diplomatic hopes...
Iran warns of strikes on US warships if Hormuz route is violatedIran's high-ranking military advisor, Mohsen Rezaee, has dismissed US President Trump's statements about the potential reopening of the Str...
Global Market: European shares rise as easing Iran tensions lift sentiment; energy stocks slideAccording to Reuters, investor sentiment improved after Trump signalled a preference for diplomacy over immediate military action against I...
Oil Price Today (August 3): Crude oil crashes 5% below $84 as Trump delays attack on Iran. What are experts saying?Brent crude futures fell $4.37, or 5%, to $83.56 a barrel, while U.S. West Texas Intermediate crude declined $4.63, or 5.5%, to $80 a barre...
US Iran war: Explosion reported near tanker off Oman coast, crew safe, UKMTO saysAn explosion occurred near a tanker off Oman's coast, with all crew safe. Maritime authorities are investigating this incident and advising...
Trump announces pause in Iran attack after Tehran reportedly seeks talks, links move to Hormuz reopeningUS -Iran war news: US President Trump has declared a suspension of military action against Iran, heeding requests from Tehran and other nat...
Trump threatens more strikes on Iran as US pushes for Strait of Hormuz reopeningUS President Donald Trump has issued a warning of more military responses directed at Iran as regional conflicts intensify. Kuwait has repo...
Indian Oil rules out shift from Gulf crude despite regional conflictIndian Oil Corp will continue using Gulf crude, it said citing freight advantages and refinery configurations. The company anticipates no i...
White House signals Trump is weighing new strikes on Iran, and other developments in the Middle EastPresident Trump considers new strikes on Iran as tensions escalate in the region. Iran fired drones at Kuwait and struck oil tankers in the...
US Stock Market: Arm Holdings tops Q2 forecasts on AI demand, shares fall on royalty growth concernsArm Holdings beat quarterly revenue and earnings estimates and issued a stronger-than-expected revenue forecast, supported by robust demand...
Oil Price Today (July 30): Crude oil dips below $90 after 8% surge on Wednesday. Here’s whyBrent crude futures were down $1.29, or 1.42%, at $89.45 a barrel. U.S. West Texas Intermediate (WTI) crude slipped 56 cents, or 0.66%, to ...
In 2016, after 15 years of work, a historic deal turned part of Antarctica into the world's largest marine reserveAn international agreement established the Ross Sea marine protected area. This vast region will receive protection starting December 1, 20...
US shoots down Iranian missile as Saudi joins strikes against Iran-backed militiasUS Iran war news: United States forces intercepted an Iranian ballistic missile attack targeting American troops. US and Saudi Arabia force...
Why is Oman proposing a new plan to manage the Strait of Hormuz?Oman has proposed a regional management plan for the Strait of Hormuz. This plan suggests voluntary fees to cover operational costs and ser...
Iran says it retains control of Strait of Hormuz, rules out resuming US talks after Trump pauses bombing campaignIran maintains control of the Strait of Hormuz after the United States paused its bombing campaign. Tehran rejected suggestions that peace ...
Oil Price Today (July 28): Crude oil dips 10% in two sessions as US, Iran mull peace talks. What are experts saying?Brent crude futures were down $0.78, or 1%, at $88 a barrel, while US West Texas Intermediate crude fell $0.88, or 1.1%, to $82. Both bench...