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Oil Price Today (July 6): Crude oil extends fall, hovers below $72. Here are 2 major reasons for the declineBrent crude futures slipped 24 cents, or 0.e33%, to $71.88 a barrel. U.S. West Texas Intermediate crude fell 11 cents, or 0.16%, to $68.58 ...- Oil slips after OPEC+ agrees to raise output targetsOil prices dipped as OPEC+ agreed to boost output from August, with key producers seeing recovering exports via the Strait of Hormuz. Despi...
- Khamenei's three sons attend funeral prayers; successor Mojtaba remains absent on Day 2Iran mourned Supreme Leader Ali Khamenei, killed in a February 28 airstrike, with prayers and public ceremonies in Tehran. His son and succ...
- 'One shot and we can take them all out': Trump on Iranian leadership at Ali Khamenei's funeralUS President Donald Trump claimed Washington could eliminate Iran's leadership with a single strike but is keeping diplomatic channels open...
- OPEC+ tipped to raise quotas again as Middle East calmsSeven OPEC+ nations, including Saudi Arabia and Russia, are poised to increase oil production quotas for August, aiming to recover from dis...
- Iraq approves preliminary agreements to study strategic oil export pipeline projectsIraq's cabinet has greenlit preliminary deals for strategic oil export pipeline studies. A consortium featuring US firms Capital TI and Che...
- Iran prepares casket prayers for Ayatollah Ali Khamenei as funeral enters second dayIran is holding massive funeral ceremonies for its slain Supreme Leader Ali Khamenei, who died in an airstrike. Huge crowds have gathered i...
- Iran begins six-day funeral ceremonies for slain Supreme Leader Ayatollah Ali KhameneiIran is commencing extensive six-day funeral ceremonies for Supreme Leader Ali Khamenei, who was killed on February 28. Authorities anticip...
- June: 10 mbpd, May: 3 mbpd: Gulf oil exports up, but 40% below pre-war levelGulf oil exports surged past 10 million barrels daily in June, a significant jump from May, thanks to US military efforts securing the Stra...
- What to know about the funeral and burial of Iran's former Supreme Leader Ayatollah Ali Khamenei and who's attending from IndiaIran and Iraq prepare for the funeral of Supreme Leader Ayatollah Ali Khamenei, months after his death in a US-Israel war. The delayed cere...
- Ali Khamenei's body arrives in Tehran ahead of funeral expected to draw millionsMillions are expected to bid farewell to Iran's Supreme Leader Ali Khamenei, whose body arrived in Tehran for his funeral. The grand ceremo...
- Mojtaba Khamenei to skip father Ali Khamenei's funeral over security concerns: ReportIran's current Supreme Leader, Mojtaba Khamenei, will skip his father's funeral due to Israeli threats, according to a representative. This...
- Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil market reacts to US-Iran talks, Strait of Hormuz developments and supply outlookOil prices posted gains during Tuesday's trading, but both Brent and US WTI crude futures remained on course for their biggest quarterly de...
- The US is getting something right — in LebanonPeace talks with Iran are a complex process to define the post-conflict regional balance. While Iran seeks to leverage its control over the...
- Money can't buy success in World Cup for gulf nations like Saudi Arabia and QatarGulf nations like Saudi Arabia and Qatar invested extensively in soccer and infrastructure, yet both faced disappointing exits from the Wor...
- Iran FM Araghchi warns any challenge to Hormuz strait will 'increase tensions'Iran's Foreign Minister Abbas Araghchi cautioned on Sunday that any disruption to Tehran's control over the vital Strait of Hormuz would es...
- FIFA World Cup 2026: France's Dembele still prefers first two WC outings despite hat-trick against NorwayDembele scripted history as he became the first player to net a first-half hat trick at the FIFA World Cup since Oleg Salenko in 1994. Demb...
- FIFA World Cup 2026: Senegal routs 10-man Iraq 5-0 to keep knockout hopes aliveSenegal thrashed 10-man Iraq 5-0 in a crucial World Cup qualifier, significantly boosting their hopes of advancing. Pape Gueye netted twice...
- Qatar offers crude for July-August loading via tender, sources sayQatarEnergy has launched a tender to sell crude oil for July-August loadings, offering its Al-Shaheen, Marine Qatar, and Marine Land grades...
- Oil falls to pre-war levels on rising Middle East supplyOil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of H...
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