Brent crude crossed $100 as conflict risks disrupted shipping and Kazakhstan halted pipeline flows. Low inventories and production still below prewar levels are adding pressure, while US gasoline prices have…
James Stephens2 min read
Hormuz tanker crossings sank to one on Thursday, the lowest count since May 7, as crude moved back above $100 a barrel. Red Sea threats and longer diversions are raising…
Edward Byrd2 min read
The U.S. plans to offer 40 million barrels from its emergency oil stockpile as fuel prices remain high and commercial inventories contract. Here is how the exchange works, what it…
Jake Fox3 min read
A fresh tanker hit in the Strait of Hormuz barely dented oil prices this week, as traders bet on a possible Iran Oman shipping corridor despite thinning traffic through the…
Holly Herrera3 min read
Iran's Revolutionary Guard warns that continued U.S. interference in the Strait of Hormuz could spark wider disruption, as oil prices jump and ship traffic through the chokepoint slows to a…
Holly Herrera3 min read
Oil prices inch up as Iran claims new strikes on U.S. bases in Kuwait and Bahrain, even as more tankers slip through the Strait of Hormuz and Saudi Arabia pushes…
Edward Byrd3 min read
The UAE has cut all trade and financial ties with Iran after accusing Tehran of firing ballistic missiles toward its waters, deepening Gulf tensions as oil prices climb.
Jake Fox2 min read
A cargo ship hit by an unidentified projectile near the Strait of Hormuz pushed Brent above 91 dollars, while USO edged higher as traders weighed the region's escalating risks.
Holly Herrera3 min read
Kuwait and Bahrain restore power after Iranian strikes on U.S. bases, as oil prices jump and a fragile U.S. Iran truce faces its toughest test yet.
James Stephens2 min read
Crude oil is climbing fast as U.S. strikes on Iran and tanker attacks near the Strait of Hormuz choke off supply. Here is what is driving the surge and what…
Edward Byrd3 min read
USO fell 1.53% as the IEA slashed its 2026 oil supply forecast, warning global inventories are draining fast amid a prolonged Strait of Hormuz standoff.
Jake Fox3 min read
A record 81 million acre Gulf of Mexico lease sale drew almost no bidder interest, even as oil prices stay elevated amid the Iran conflict and shifting supply dynamics.
Edward Byrd3 min read
Oil prices surged as tanker traffic through the Strait of Hormuz hit a two month low, with a VLCC turning back under threat and analysts calling it the most dangerous…
Edward Byrd3 min read
Russia bans diesel exports after Ukrainian drone strikes cripple its refineries, forcing fuel imports from India while crude markets weigh the fallout for global oil supply.
Holly Herrera3 min read
OPEC just cut its oil demand forecast for the third month running, even as Gulf producers ramp output back up. Here is what that tug of war means for crude…
James Stephens3 min read
Oil prices surge as Iran tensions widen after weekend U.S. strikes and Iranian missile attacks on five Gulf allies. Here's what's driving the crude rally and where it could go…
Edward Byrd3 min read
Hormuz tanker traffic has nearly stopped as Iran and the US trade strikes again, reversing weeks of recovering shipping and sending oil prices swinging. Here's what the data shows.
Holly Herrera3 min read
Crude oil's 3% surge revives an old economic warning: nations built on a single resource, from Angola to Saudi Arabia, face a curse that diversification alone can break.
Jake Fox3 min read
USO jumped over 4% as President Trump declared the Iran ceasefire dead and Tehran threatened to close the Strait of Hormuz, a chokepoint for a fifth of world oil supply.
Jake Fox3 min read
Oil prices jump on renewed US Iran hostilities as strikes near the Strait of Hormuz shake markets. USO surges 4.38% as traders reassess supply risk and short positioning.
Jake Fox3 min read
Commodity prices from gold to oil react in real time to the same headlines driving world news, from central bank policy to geopolitical flashpoints.
Edward Byrd6 min read