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Geopolitical shocks continue to impact the oil market as prices spike in response to the Israel-Iran conflict. With the US ...
Commercial ships are sailing close to Oman and are being advised by maritime agencies to avoid Iran's waters around the ...
Petroleum futures were down late Wednesday morning, despite a bullish government report that showed a large drop in crude oil stocks and higher gasoline and distillate demand in the week ended Friday.
U.S. gas prices are likely to climb higher, starting this week, as the conflict between Israel and Iran intensifies.
Despite the strategic importance of the Strait of Hormuz, oil markets currently show little reaction to escalating regional ...
Commercial ships are advised to avoid Iranian waters near the Strait of Hormuz amid escalating Israel-Iran conflict. This ...
Oil futures have risen roughly 8% since the start of the Israel-Iran war. Analysts predict prices could go higher if Iran is ...
The Federal Reserve is expected to keep interest rates on hold while inflation continues to cool. Fed Chair Jerome Powell is expected to speak at 2:30 p.m. Follow along for live updates on the Dow, ...
A surge in world oil prices because of the Iran war may not be a windfall for Latin American oil producers. Here’s why.
The Strait of Hormuz, a narrow waterway at the mouth of the Persian Gulf, handles around 26% of the world’s oil trade and is ...
Oil prices could surge from a current level of about $73 per barrel up to $120 per barrel if the Israel-Iran conflict damages Iranian oil infrastructure or impedes the passage of some oil tankers in ...
The cost of insuring vessels navigating the Strait of Hormuz has soared, as underwriters scramble to reprice risk in response ...
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