Tag: Oil and Gas
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Oil rises amid supply disruption fears following Iran’s restrictive draft plan for the Strait of Hormuz
News of Iran’s restrictive draft plan for the Strait of Hormuz sent oil prices higher, renewing concerns over supply disruptions.
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Oil prices jump after Iran publishes restrictive draft plan for Strait of Hormuz
Crude oil prices rose Thursday after Iranian state news published a draft plan with restrictive conditions for ship traffic in the Strait of Hormuz.
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Oil prices move higher after Yemen’s Iran-backed Houthis claim Saudi tanker strike
Crude prices rose Wednesday after Yemen’s Houthis claimed they had struck a Saudi Arabian oil tanker in the Red Sea.
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Trump warns Iran talks are ‘last chance’ to end war — oil prices rise as Tehran denies negotiations
President Donald Trump has warned that the latest round of negotiations with Iran are the “last chance” to bring an end to the five-month conflict.
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Saudi Aramco profits soar in second quarter as Iran war squeezes oil supply
The results come as oil supermajors have reported blowout quarterly profits, benefitting from higher fossil fuel prices amid the Iran war.
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Oil drops over 4% after Trump calls off planned strike on Iran
Oil prices fell on Monday as investors pared geopolitical risk premiums after U.S. President Donald Trump said he had called off a planned strike on Iran.
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Investors scored on Iran war’s oil market boom. Staying long the trade will get trickier
Oil price volatility caused by U.S.-Iran war created big market winners, but for buy-and-hold investors, there are better long-term energy themes to monitor.
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Trump says he has canceled a planned attack on Iran after reaching an agreement over the ‘perimeters of a deal’
The U.S. president said Iran and its regional neighbors asked the U.S. to hold off any attacks after ‘the perimeters of a deal has been agreed to’.
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Tankers near Oman come under fire as Iran threatens to choke off shipping routes
The latest attacks come amid U.S. media reports that U.S. President Donald Trump is preparing for a fresh round of strikes against Iran.
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Iran’s overlapping power centers make ending the war more complicated
Iran’s power structure complicates efforts to enforce any ceasefire with the U.S., from the Supreme Leader to the Revolutionary Guards.
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