Iran Declares Strait of Hormuz Closed as ‘Unauthorised’ Vessel Hit
Iran on Sunday said it closed the Strait of Hormuz after a vessel traveled on an unapproved route and was struck, warning that any retaliation over the incident would be…
Occidental’s Quarterly Realized Oil Prices Jump Amid Iran War Disruption
(Reuters) – Shale producer Occidental Petroleum said in a filing on Friday its worldwide average realized oil prices rose 38.4% in the second quarter compared with the previous three months, driven…
US Pain at the Pump Worsens After More US-Iran Fighting Lifts Oil Prices
Summary Get the Latest US Focused Energy News Delivered to You! It’s FREE: AAA data showed average US gasoline prices rose 6 cents this week to $3.88 a gallon Friday…
Oil Prices Settle Lower on Hopes for Smoother Shipping in Strait of Hormuz
By Tanker traffic through Strait of Hormuz has slowed IEA says US-Iran escalation undermines oil surplus forecast Russia’s gasoline output covers 65% of demand after Ukrainian strikes, sources say HOUSTON,…
US Energy Firms Add Rigs for Fourth Week in a Row, Says Baker Hughes
(Reuters) – U.S. energy firms this week added rigs for a fourth week in a row for the first time since early June, energy services firm Baker Hughes said in…
US Issues Fresh Iran-Related Sanctions, Website Shows
(Reuters) – The United States on Friday issued new Iran-related sanctions following Iran’s resumption of attacks on international shipping in the Strait of Hormuz, the Treasury Department said. The sanctions…
