More: Oil
Chip Stocks Extend Losses as Middle East Tensions Push Oil Prices Higher
Global financial markets have been under pressure as renewed fighting between the United States and Iran threatens the fragile ceasefire reached last month. Fresh...
Oil and Gas Tankers Turn Back From Strait of Hormuz After Fresh Vessel Attacks
The Strait of Hormuz remains the world's most critical oil shipping route, carrying roughly one fifth of global oil and a significant share of...
Asia Shares Slip Ahead of AI Earnings as Oil Prices Ease
Asian stock markets traded cautiously on Monday as investors awaited a crucial earnings season expected to test the strength of the artificial intelligence driven...
The Evolution of OPEC: From Oil Cartel to Crisis Manager
Origins of OPEC and the Oil Shocks
OPEC was initially formed in 1960 by Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela to protect the national...
The Politics of Energy Transition: How Gulf States are Preparing for a Post-Hydrocarbon Future
"My grandfather rode a camel, my father rode a camel, I ride a Mercedes, my son rides a Land Rover, and my grandson is...
Did Oil Markets Bet on Trump and Win on Iran War Pricing?
Oil markets experienced extreme volatility during the Iran war, which disrupted global energy flows after the Strait of Hormuz was effectively closed following U.S.-Israeli...
Lebanon Ceasefire Raises Hopes of Progress in Iran Peace Talks
A newly announced ceasefire between Israel and Lebanon, brokered through U.S. mediation, has raised cautious hopes that broader diplomatic progress could emerge in efforts...
Are Hidden Oil Flows From Hormuz Reshaping the Energy Market?
Oil shipments passing through the Strait of Hormuz have quietly increased in recent weeks, but traders say the movement reflects a fragmented and opaque...
Oil Jumps as Iran US Talks Stall and Gulf Conflict Escalates
Tensions between Iran and the United States have escalated into renewed military hostilities in the Gulf, raising concerns over regional stability and global energy...
Iran Conflict Drives United States Shale Oil Growth as Producers Stay Cautious
The war involving Iran and the disruption of oil shipments through the Strait of Hormuz have pushed global crude prices sharply higher, creating strong...