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U.S. OIL AND GAS INTERESTS
Houthis attack Saudi energy sites, cities, wound 73 as Iran war risks wider escalationYemen's Houthis attacked Saudi energy facilities and cities, wounding over seventy people. This escalation highlights the risk of the Iran ...
Hormuz traffic slows after Iran threatens retaliation for US attacksIn light of Iran's warnings about possible retaliation against US actions, shipping traffic in the Strait of Hormuz has noticeably slowed. ...
Why isn't oil above $100 despite supply disruptions?Global oil prices remain below one hundred dollars per barrel. Significant volumes continue to flow through the Strait of Hormuz. Gulf expo...
Gold rises as dollar eases; US inflation data on radarGold prices edged higher on Tuesday due to a weakening U.S. dollar, as investors gear up for crucial inflation data that could sway the Fed...
Oil rises as risks of prolonged Mideast conflict heighten supply worriesOil prices surged on Tuesday as tensions in the Middle East escalated. Iran's warnings of potential retaliation fueled concerns over supply...
Yen extends rally to new seven-month high; dollar subdued ahead of CPIThe Japanese yen achieved impressive seven-month highs against the U.S. dollar on Tuesday, driven by traders closing short positions in lig...
Global Market Today: Asia stocks waver as yen surges, Iran warns of retaliationOn Tuesday, Asian markets exhibited a mixed bag of outcomes, with the yen gaining strength significantly. Oil prices surged for the third c...
Iran vows to respond to US strikes, says US energy companies' facilities are 'exposed'Iran has threatened to retaliate against any new United States attacks on its assets. The nation warned that regional energy production is ...
Oil extends gains after US and Iran strike shipsOil prices experienced a significant rise on Monday, following a spike in tensions between the US and Iran. The US struck three Iranian oil...
Iran to announce new restricted zone in the Gulf, top security official saysIran's top security official has announced that the country will be establishing a new restricted zone in the Persian Gulf. This move comes...
Iran claims strike on US ship in Strait of Hormuz as fighting escalatesIran has claimed responsibility for an attack on an unmanned U.S. vessel near the strategically important Strait of Hormuz. The U.S. milita...
Iran to tackle economic issues, says further attacks will be 'more painful'In response to severe US sanctions, Iran aims to implement economic reforms alongside bolstering its military capabilities. After a short l...
Oil ends week higher on renewed US-Iran strikes, diesel hits recordOil prices have surged dramatically this week amidst escalating military tensions between the U.S. and Iran. Record-high retail diesel pric...
US structured Venezuela oil position to protect it from dilution, official saysThe US government secured a 35% stake in a Venezuelan oil venture. This stake was structured as warrants to protect against capital raises....
Iran blacklists more ships trying to sail through Hormuz, govt website showsIran has expanded its list of vessels prohibited from navigating the strategic Strait of Hormuz, now including eleven additional ships. The...
US oil firm to take over some Venezuelan oilfields previously run by Chinese, Russian companies, officials sayNorth American Blue Energy Partners will acquire Venezuelan oilfields from Chinese and Russian companies. This move follows a significant o...
What are Iran's options to retaliate as open warfare resumes with the US?The US launched a fresh wave of attacks on Iran, prompting Iranian missile strikes on what Tehran said were US assets in Jordan, Bahrain, K...
Oil prices rise as latest fighting resurrects Middle East supply disruption risksOn Tuesday, oil prices surged as concerns over supply disruptions arose due to escalating conflicts in the Middle East. Both Brent crude fu...
Trump says US inked deal with Venezuela to take control of 65 billion barrels of oil reservesThe United States has reached an agreement with Venezuela concerning oil reserves. This deal involves taking control of sixty-five billion ...
US stock market: Bessent dismisses US bond market turmoil concerns, points to economic strengthU.S. Treasury Secretary Scott Bessent reassured markets by minimizing concerns over turbulence and debt. He emphasized that robust economic...