Oil Sinks to $88, Then Spikes as Iran Claims Control of Hormuz
Key Takeaways Trump’s hopes to end Epic Fury dropped WTI to $88.66, but future deals face hurdles from Iran’s new
Read moreKey Takeaways Trump’s hopes to end Epic Fury dropped WTI to $88.66, but future deals face hurdles from Iran’s new
Read moreThe Middle East conflict makes clear that great‑power politics now matter as much as OPEC quotas and output When Brent crude
Read moreCommodities are outperforming Bitcoin in early 2026, with crude oil leading the market after a sharp rebound and gold continuing
Read moreKey Takeaways: On May 2, China’s MOFCOM invoked the Blocking Statute against U.S. OFAC sanctions on 5 local oil refiners.
Read moreThe UAE says its decision is driven by “national interests” as Middle East tensions disrupt energy markets The United Arab
Read moreKazakhstan will redirect crude shipments destined for Germany after Russia announced it would suspend Kazakh oil transit through the Druzhba
Read moreKey Takeaways: The U.S. Navy attacked the TOUSKA on Sunday, spiking Brent crude 5% and risking future ceasefire talks. The
Read moreAuthorities in northwestern Russia’s Leningrad region announced Friday a recruitment campaign for military reservists to bolster air defenses following a recent
Read moreKey Takeaways: Iran reopened the Strait of Hormuz, crashing Brent futures 10% to $87.19 and easing future energy inflation. Trump
Read moreThe price of Urals crude jumped to more than $116 per barrel last week, its highest level since 2013, Bloomberg
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