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SAUDI OIL ATTACK
Oil Price Today (June 22): Crude oil rises above $80 as Iran shuts Strait of Hormuz again. What are experts saying?Brent crude futures rose 54 cents, or 0.67%, to $81.11 a barrel, after briefly touching $82.30 at the start of trading. U.S. West Texas Int...- At the gates of Hormuz, 80 million barrels of oil are on standbyLarge volumes of crude oil are waiting in the Persian Gulf and are ready to move through the Strait of Hormuz if shipping activity resumes ...
- Iran's Revolutionary Guards set up covert Iraqi cells to attack Gulf neighbors, sources sayIran's Revolutionary Guard Corps has formed new secret groups in Iraq. These cells are carrying out drone attacks on Gulf nations like Kuwa...
- Oil Price Today (June 19): Crude oil falls, heads for 9% weekly loss as shipping in Hormuz Strait begins. What are experts saying?Brent crude slipped toward $79 a barrel and is down more than 9% for the week. West Texas Intermediate for August was trading near $76 a ba...
- Mixed signs of peace: 3 Saudi oil tankers cross Hormuz, Israel strikes LebanonVice president JD Vance said he plans to travel to Switzerland for talks on the Iran deal but he doesn't know when that will happen. He had...
- Senior US officials release text of Iran dealA draft memorandum of understanding between the US and Iran has been revealed. It includes new standards for uranium enrichment and provisi...
- Iran will reopen Strait of Hormuz and can sell oil freely under deal with US, according to leaksA tentative deal between Iran and the U.S. will reopen the Strait of Hormuz, a vital oil passage. Iran will be allowed to sell its oil with...
- After Iran, China has a powerful new oil price weaponChina has emerged as the world's first oil "swing importer," significantly reducing its imports by a third to an eight-year low. This move,...
- US-Iran deal could leave Gulf states in the lurch: analystsGulf nations face a precarious future after Iran's attacks. A new deal offers only a temporary reprieve, leaving them vulnerable to regiona...
- Middle East oil and gas output will take months to fully recoverA landmark deal between the US and Iran promises to reopen the Strait of Hormuz, a vital oil shipping route. This agreement has already cau...
- India's trade with West Asia gradually improving: Commerce SecyIndia's trade with West Asia faced disruptions in May due to the US-Iran conflict. Exports saw a slight dip but are recovering. Imports als...
- Crude Oil Price Today (June 15): Oil hits March lows, down 4% as US, Iran agree peace deal. What are experts saying?Brent Crude oil price : Brent crude futures fell $3.58, or 4.10%, to $83.75 a barrel, while U.S. West Texas Intermediate crude declined $4....
- Shipowners on edge for news on Hormuz as ‘dark’ oil flows swellShipowners are closely monitoring a potential US-Iran peace deal and its implications for the Strait of Hormuz. While some express caution,...
- Oil Price Today (June 12): Crude oil hits 3-month low as draft Iran-U.S. pact signals Hormuz reopening, sanctions reliefOil prices dropped significantly, hitting a three-month low on Friday. Reports emerged of a potential deal between Iran and the United Stat...
- In new crude world order, US is largest exporter of crudeAmerica's ascendancy to the top spot marks a stunning reversal for a country that was dependent on West Asian oil for decades and suffered ...
- UAE and Iran conduct first face-to-face meeting to try deescalating Middle East tensionsUS-Iran war: Senior security officials from the United Arab Emirates and Iran met face-to-face for the first time since the US-Israeli war ...
- Iran warns Mideast truce 'practically meaningless' after US strikesIran declared the Middle East war ceasefire practically meaningless following fresh US strikes. Tehran responded with attacks across the re...
- Suez Canal sees oil tanker surge amid Strait of Hormuz disruptionEgypt's Suez Canal saw a significant rise in oil tanker traffic and revenue in April. This surge is linked to the closure of the Strait of ...
- Oil Price Today (June 9): Crude oil falls 1% as Israel and Iran pause strikes. Where is liquid gold headed?Oil prices eased in early Tuesday trading after Iran and Israel indicated a pause in hostilities, reducing immediate concerns over supply d...
- Oil Price Today (June 8): Crude oil flares up 5% as Israel attacks Iran, Lebanon in latest escalation. What's next?Oil prices surged 5% on Monday after Israel launched fresh strikes on Lebanon, raising fears of renewed Middle East tensions and potential ...
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