Oil
- Business
Saudi Arabia warns oil prices could spike past $180 a barrel if Iran war rages on: report
Saudi Arabia Warns of Potential $180 Oil Prices Amid Iran Conflict Saudi oil officials have issued a warning that oil…
Read More » - Money
Oil prices could reach record highs, analysts warn. Here’s what it could mean for the U.S. economy.
economy is in a strong position right now, but prolonged high oil prices could certainly put a strain on consumers,”…
Read More » - Top Stories
US targets mine-laying vessels in the Strait of Hormuz amid blockade disrupting global oil markets
The Pentagon is intensifying its focus on mine-laying vessels that are aiding Iran in exerting control over the vital shipping…
Read More » - Money
U.S. oil producers could get $63 billion boost from high crude prices, analysis shows
oil companies are wary of investing heavily in new drilling projects or expanding existing operations due to the uncertainty surrounding…
Read More » - Business
Oil jumps above $119 a barrel after Iran attacked energy facilities across Middle East
Benchmark Brent oil prices surged above $119 a barrel on Thursday following Iran’s attack on energy facilities in the Middle…
Read More » - Money
Gas prices rise as oil hits $111 a barrel
Gasoline prices in the United States have seen a significant increase in recent days, driven by ongoing tensions in the…
Read More » - Top Stories
Fed set to adjust interest rates for 1st time since war with Iran spiked oil prices
The Federal Reserve is set to announce its decision on interest rates on Wednesday, marking the first such move since…
Read More » - Finance
China talks up oil sufficiency as Trump seeks Beijing’s help on Hormuz
China Stresses Energy Sufficiency Amid Iran War, Trump Pressure Amidst the ongoing Iran war and the resulting restrictions on oil…
Read More » - Money
Bessent says Treasury is not intervening in oil commodities markets and has no authority to do so
On Monday, Treasury Secretary Scott Bessent made it clear that the administration has no intentions of intervening in financial markets,…
Read More » - Business
Gas prices reach highest level since October 2023 as oil holds above $100 per barrel; US stocks jump
Brent Crude Oil Reaches $100 Per Barrel Amid Rising Tensions President Trump’s call for allies to protect oil tankers from…
Read More »