As Trump Claims Victory, Iran Emerges Bruised But Powerful With Leverage Over Hormuz

(Reuters) – Nearly six weeks of war in Iran have ended, for now, with President Donald Trump claiming victory, but the U.S.-Iran ceasefire locks in a harsh reality: an entrenched,…

What the US, Iran, Israel and Pakistan Have Said About the Ceasefire

(Reuters) – The United States, Israel and Iran have agreed to a two-week ceasefire, reached with Pakistani mediation, and U.S. and Iranian officials are expected to hold talks on Friday…

US Crude Stocks Rise, Gasoline and Distillate Inventories Fall, EIA Says

(Reuters) – U.S. crude stocks rose while gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday. Crude inventories rose by 3.1 million barrels to 464.7…

Trump Announces 50% Tariffs on Nations Supplying Iran With Weapons

(Reuters) – U.S. President Donald Trump on Wednesday said any country supplying Iran with military weapons will face immediate 50% tariffs with no exemptions, announcing the duty in a social…

Trump Says US Will Help With Traffic Buildup in Strait of Hormuz

U.S. President Donald Trump said on Wednesday the United States will help with the buildup of shipping traffic in the Strait of Hormuz. Trump on Tuesday agreed to a two-week…

Investor Reactions to Trump Agreeing to Two-Week Ceasefire With Iran

U.S. President Donald Trump said on Tuesday that he had agreed to a two-week ceasefire with Iran, less than two hours before his deadline for Tehran to reopen the Strait…

Oil Tumbles Below $100 After Trump Announces Two-Week Ceasefire

Summary Iran says it will open up Strait of Hormuz for two weeks if attacks stop Trump says Iran has offered a 10-point peace proposal Uncertainties still create room for…

NOT OUT OF THE WOODS YET: Iran Ceasefire Provides Hope, But Physical Oil Markets to Remain Stressed: Russell

A planned two-week ceasefire between the United States and Iran and negotiations to end their conflict may mark the first genuine attempt to de-escalate, but there’s still much to be…

Exxon Signals Q1 Upstream Profit Bump From Iran War, Downstream Boost in Later Quarters

Summary Upstream earnings could gain from higher oil and gas prices Exxon to release full Q1 results on May 1 Downstream earnings hit by timing effects, but Exxon expects profits…

Iran War Ceasefire Pushes Energy Markets Into Twilight Zone: Bousso 

A ceasefire in the Iran war will deliver badly-needed relief to economies battered by the world’s worst ever energy crisis, but hopes the truce will quickly restore normal oil and…