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News
Crude Prices Ease on US Crude Oil Inventory Surge
1+ hour, 40+ min ago (433+ words) September WTI crude oil (CLU26) is down -0.19 (-0.23%), and September RBOB gasoline (RBU26) is down -0.0276 (-0.88%). Crude oil and gasoline prices are trading lower today on the surge in US oil inventories seen in the weekly EIA inventory report. Oil prices found support today…...
Crude Prices Settle Higher as Middle East Supplies Tighten
22+ hour, 9+ min ago (48+ words) September WTI crude oil (CLU26 ) closed up +1.07 (+1.30%) on Tuesday, and September RBOB gasoline (RBU26 ) closed up +0.0012 (+0.04%). Crude oil and gasoline prices settled higher on Tuesday, with crude oil climbing to a 1-week high and gasoline posting a 1.5-week high. Crude prices were…...
Israel rejects Trump's Gaza plan, more details emerge on the Strait of Hormuz and other Mideast news
2+ day, 21+ hour ago (953+ words) Israel on Sunday rejected a deal announced by U.S. President Donald Trump for Gaza. Details emerged on the potential deal between Iran and Oman on managing the Strait of Hormuz as Tehran suggested that vessels linked to “hostile countries” would be…...
Geopolitical relief ahead?
2+ week, 8+ hour ago (303+ words) The week started with Brent slipping below $86 per barrel as the pause in U.S.-Iran hostilities boosted expectations that the Strait of Hormuz would remain open. Renewed discussions about ending the Russia-Ukraine conflict may also have helped sentiment. Are we finally…...
US and Iran pause their attacks after days of escalation
2+ week, 2+ day ago (807+ words) It was not clear why the U.S. has paused after targeting Iranian coastal areas and infrastructure in a nearly two-week escalation sparked by Iran’s firing at ships trying to transit the Strait of Hormuz. The Pentagon did not respond to questions....
US pauses attacks on Iran for a second straight day and Tehran does too
2+ week, 2+ day ago (755+ words) It was not clear why the U.S. has paused after targeting Iranian coastal areas and infrastructure in a nearly two-week escalation sparked by Iran’s firing at ships trying to transit the Strait of Hormuz. The Pentagon did not immediately respond to…...
Saudi Arabia strikes Yemeni port city of Hodeidah as Iranian backed Houthi rebels vow to escalate
2+ week, 4+ day ago (47+ words) Barchart.com We've received your inquiry. A specialist will reach out within 1 business day. Saudi Arabia strikes Yemeni port city of Hodeidah as Iranian backed Houthi rebels vow to escalate...
Trump says US will destroy a bridge or power plant for each Iranian attack in the Strait of Hormuz
3+ week, 3+ hour ago (873+ words) Trump’s latest threat to target civilian infrastructure came as the unpopular war spirals with no clear offramp, threatening further worldwide economic disruption and sending fuel prices up ahead of midterm U.S. elections this fall. Both sides have dug in on…...
Correction: Yemen-Houthis-Blockade-Explainer story
3+ week, 2+ hour ago (21+ words) Barchart.com We've received your inquiry. A specialist will reach out within 1 business day....
A new threat by Yemen's Houthis could widen the Iran war and put another trade chokepoint at risk
3+ week, 16+ hour ago (820+ words) The rebels say they have closed the Bab el-Mandeb Strait to Saudi-linked shipping in retaliation for the kingdom’s blockade on Yemen and a recent attack on the international airport in Yemen's rebel-held capital, Sanaa. The Houthis claim to have forced…...