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IRAN OIL PRICES CRISIS
'Knocked the hell out of them, we may go a little further': Trump says Iran will never have nuclear weaponUS President Donald Trump said Iran must not be allowed to acquire nuclear weapons, defending his administration's pressure campaign agains...
Oil Price Today (October 23): Crude oil ticks over $114, jumps nearly 8% this week as energy attacks intensify. What are experts saying?Brent crude futures rose 50 cents, or 0.45%, to $114.02 a barrel, while US West Texas Intermediate (WTI) crude gained 40 cents, or 0.42%, t...
Riyadh seeks access to overseas storageThe move follows a flurry of attacks by Yemen's Houthis on infrastructure. "Commercial storage available through partners is limited. The l...
Aramco asks staff to evacuate Dhahran HQ; US pulls out some Saudi diplomatsClashes between the Houthis and a Saudi-led coalition that backs Yemen's internationally recognised government have raged since the group p...
Oil Price Today (October 22): Crude oil above $112 as energy infra attacks heighten supply fears. More tension ahead?Brent crude traded 3% higher at $112.38 a barrel, while US West Texas Intermediate (WTI) crude was trading more than $100 a barrel. Brent h...
India turns back to Gulf oil as Russian crude loses its price edgeIndia’s crude oil imports from the Middle East returned to pre-war levels in September, rising to 2.8 million barrels per day as shipments ...
Oil rises as US orders diplomats to leave Saudi Arabia amid escalating tensionsOil prices rose as Houthi attacks in Saudi Arabia increased tensions and led to US diplomatic withdrawals. Brent crude futures gained $1.29...
Iran asks US to prove it wants peace by lifting blockade"Iran is prepared to give diplomacy another chance if we see strong evidence of a sincere desire on the part of the US to achieve a just an...
Oil Price Today (October 21): Crude oil crosses $110 amid Middle East supply concerns. What lies ahead?Brent crude futures jumped more than $1 to trade at around $110 per barrel. WTI Crude futures also gained more than a dollar to trade at ar...
Oil rises on Middle East supply worriesOil prices are climbing amid increasing supply worries in the Middle East. Ongoing attacks on maritime vessels beyond the Strait of Hormuz ...
Planned deadlock: 'Iran is dragging talks to influence US midterms'Tehran analyst Saeed Leylaz said that, by prolonging the talks, "Iran is influencing the US election without taking any unlawful action". T...
Heating bills may rise 21% for some US homes, while others could pay less. Who will feel the heat this winter?American households dependent on heating oil are in for a tough financial season, as the U.S. Energy Information Administration forecasts a...
- Oil Price Today (October 19): Crude oil dips 2% to $108 after hitting its highest levels since May. Here’s why
Brent crude futures dropped $1.80, or 1.64%, to $108.06 a barrel after settling at their highest level since May 19 on Friday. US West Texa...
IMF members call for more support amid war shocks, 'advanced intelligence' risksThe International Monetary Fund's member nations are advocating for heightened assistance to those grappling with financial difficulties, m...
Brent crude oil prices hit $110 for first time since May as Iran attacks continue, Ukraine eyes Russia energy infraBrent crude surpassed $110 per barrel as escalating attacks around the Strait of Hormuz and renewed Russia-Ukraine hostilities heightened g...
Iran boosts defences after POTUS leaves room for 'Mother of all Bombs'Iran's military has reportedly strengthened its defenses against potential US airstrikes amid ongoing tensions. The Islamic Revolutionary G...
Mohammed bin Salman faces most consequential test yet as Saudi Arabia comes under Houthi fireMohammed bin Salman is currently grappling with increasing Houthi attacks that threaten Saudi infrastructure and international stability. T...
Oil prices fall as investors weigh supply outlook, Middle East tensionsOil prices experienced a downturn as investors weigh the repercussions of shipping assaults in the Strait of Hormuz, particularly from Hout...
Iran shifting tactics to step up attacks on shipping before US vote: OfficialsIran has begun using new offensive tactics against vessels in the Strait of Hormuz and nearby waters. This strategy aims to limit oil shipp...
Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...