Oil Prices Surge Past $100 as Iran Names New Supreme Leader
Oil prices surged in early Asian trading on Monday, breaking above $100 per barrel for the first time in nearly four years as the Iran conflict escalated and Ayatollah Mojtaba…
U.S. Gasoline Surges to Highest Under Trump as Iran War Roils Oil Market
The national average price of gasoline in the United States has jumped to the highest level seen during either of President Donald Trump’s terms in office, per GasBuddy data, as…
Kuwait Shuts Production, Qatar Warns Oil Could Hit $150 in Weeks
Oil prices could soar to as much as $150 per barrel within two to three weeks if the critical Strait of Hormuz remains off limits for tankers, Qatar’s Energy Minister…
Reliance Industries Pivots Back to Russian Oil with U.S. Waiver
India’s largest private refiner, Reliance Industries, is sounding the market for buying Russian crude, an anonymous source told Bloomberg on Friday, after the United States on Thursday issued a temporary…
Oil tops $100 as Iran war triggers Saudi output cuts
(Bloomberg) — Oil surged above $100 a barrel as Middle East producers began cutting output amid a near-total halt of tanker traffic through the Strait of Hormuz, choking off supplies…
Aramco stock climbs as Middle East conflict lifts oil prices
(Bloomberg) – Saudi Aramco jumped the most since April 2023 on Sunday as the Iran war entered its second week, prompting supply disruptions that may send oil prices higher when…
Europe’s Gas Price Set for Largest Weekly Gain in Three Years
Europe’s benchmark natural gas prices were on track early on Friday for a 50% weekly jump—the biggest one-week surge since the energy crisis in the summer of 2023, as the…
