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…
TACO Tuesday – Oil Dives, Stocks Surge as Trump Backs Down and Agrees to Two-Week Ceasefire
Oil dived, bonds rallied and stocks surged on Wednesday as a two-week ceasefire in the Middle East was seen as paving the way for a lasting peace and resumption of…
Fuel Prices Could Keep Rising for Months After Hormuz Reopens, US EIA Says
(Reuters) – Fuel prices could keep rising for months even after the Strait of Hormuz reopens, the U.S. Energy Information Administration said on Tuesday, deviating from President Donald Trump’s assurances…
North American Oil is in Demand as World Grasps for Supplies
By Robert Tuttle and Christopher Charleston The spiderweb of cracks in the global oil market are spreading across the Rocky Mountains and U.S. Great Plains as demand for a shrinking…
