Oil prices rise after Iran halts ships in Strait of Hormuz; Exxon, Chevron warn of prolonged high fuel costs
Oil prices rose after Iran began stopping ships in the Strait of Hormuz, a corridor that carries about one-fifth of…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
US Crude Oil
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US and Israel Prepare Strikes on Iran’s Energy Infrastructure as Navy Blockade Tightens Around Hormuz
The United States and Israel are preparing new strikes on Iran's energy infrastructure as the U.S. Navy tightens its blockade…
WTI crude climbs 2.1% to $85.37 as Hormuz tanker traffic edges higher
West Texas Intermediate crude climbed 2.1% to $85.37 a barrel on Friday and Brent added 1.6% to $90.46, with both…
Bitcoin Falls Below $64,000 as US and Israel Weigh Land Blockade on Iran
Bitcoin dropped below $64,000 as oil prices jumped past $85 a barrel amid escalating US-Iran tensions. The pressure follows a…
Hormuz Diplomacy Collapses, Sending Oil Into a Sharp Weekly Whipsaw
September WTI crude fell to $84.12 late Thursday, down $6.35, or 7.02%, for the week, after a diplomatic push to…
