
Iran Ship Seizure Fuels Global Oil Price Surge
Monday's oil price explosion—Brent at $96 (up 6.3%) and WTI at $88.3 (up 7%)—stems directly from U.S. forces' dramatic takeover of an Iranian vessel in the Gulf of Oman. The action, aimed at...
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Monday's oil price explosion—Brent at $96 (up 6.3%) and WTI at $88.3 (up 7%)—stems directly from U.S. forces' dramatic takeover of an Iranian vessel in the Gulf of Oman. The action, aimed at...

US Treasury Secretary Scott Bessent told reporters that easing shipping delays in the Gulf could spark a rapid fall in global oil prices. While acknowledging ongoing concerns about the Strait of...

Iran has revealed it will soon introduce a professional traffic-management framework in the Strait of Hormuz that charges commercial ships for enhanced services while excluding vessels associated...

The United States may soon deploy its Navy to shepherd oil tankers safely through the Strait of Hormuz, White House officials warned, amid escalating Operation Epic Fury against Iran. This critical...