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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...
Oil falls as supply starts moving through Strait of HormuzOil prices dipped Friday as tankers resumed passage through the Strait of Hormuz following a U.S.-Iran peace deal. The agreement is expecte...
Noam Shazeer hired by Google for $2.7 billion in 2024 leaves the tech giant in less than 18 months to join Sam Altman's Open AINoam Shazeer, a key figure in Google's Gemini AI development, is departing the company. He will now join rival OpenAI. Shazeer previously l...
Iran deal calls for diluting uranium at minimum, waiving sanctions & opening strait, US officials sayPresident Trump announced a deal with Iran, involving uranium dilution and sanctions waivers, allowing immediate oil sales. Mediated by Pak...
Oil slips again as US, Iran sign peace dealOil prices dropped as the U.S. and Iran reached an interim agreement to end the war, reopen the Strait of Hormuz, and lift sanctions on Teh...
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...
Trump says Israel has Iran MoU copy as deal nears; calls Iranians ‘tough negotiators’US President Donald Trump revealed Israel received a proposed Iran nuclear deal draft. He expressed optimism for a swift agreement and anno...
Oil Price Today (June 17): Crude oil dips below $80, near 3-month low ahead of US-Iran agreement. Will liquid gold fall more?The interim agreement, expected to be signed on Friday, would grant Tehran significant economic incentives, including the immediate ability...
White House talking points claim victories in initial Iran deal but often don't meet realityThe White House has informed supporters of President Trump's alleged victories in the Iran conflict, claiming Iran will not develop nuclear...
US set to offer Iran $300 billion development fund, broad financial gains in peace dealIran is poised to receive significant financial incentives, including immediate oil sales and access to a $300 billion development fund, as...
EU clears significant hurdle in negotiations for a groundbreaking US tariff deal, paving the way for future tradeThe European Parliament gave a final sign off on Tuesday to a tariff deal with the United States as the EU seeks to close a volatile chapte...
Oil prices to ease after US-Iran deal, but return to pre-war levels could take months: AnalystsEnergy markets anticipate price moderation for crude oil and liquefied natural gas. A potential US-Iran peace agreement and the reopening o...
Qatar plans to rapidly restart LNG production after Hormuz opensQatar plans to quickly ramp up liquefied natural gas production to nearly full capacity within two months of the Strait of Hormuz reopening...
Oil rebounds on concerns about US-Iran peace deal, restoration of supplyOil prices rebounded as concerns grew over the lack of details in a preliminary U.S.-Iran agreement to end the war. The resumption of suppl...
Iran truce may revive India's textile exports, industry saysIndia's textile exports are set for a significant boost following the end of the Iran war. Manufacturers anticipate lower raw material cost...
Ships are starting to move through Hormuz: TrumpUS President Donald Trump announced ships are now safely navigating the Strait of Hormuz, following a digital agreement to end a 107-day wa...
Supply recovery, not demand, will be oil market's key test: Vandana HariGlobal crude oil prices have fallen significantly from wartime highs, but market expert Vandana Hari cautions against declaring victory. Sh...