U.S. crude drops below $80 for the first time since March as Iran deal is set to open Hormuz Strait
The Ateela 2 Oil Tanker boat navigates the sea on April 28, 2026 on Qeshm Island, Iran in the Strait...
Energy
UK forces board sanctioned Russian shadow fleet oil tanker
PORTLAND, ENGLAND - JUNE 14: Military helicopters are seen at the Smyrtos vessel outside the harbour, on June 14, 2026...
Kuwait closes airspace, Israel warns of launches from Lebanon after U.S strikes in Iran
Kuwait closed its airspace Thursday local time due to "Iranian aggressions" as it intercepted "hostile aerial targets," following U.S. strikes...
Oil prices fall nearly 4% after U.S. Energy Secretary says Hormuz ship traffic is increasing
Oil prices fell Tuesday after U.S. Energy Secretary Chris Wright said ship traffic through the Strait of Hormuz is "rising...
OPEC+ set for fourth oil quota hike since Strait of Hormuz closure, sources say
Jonathan Raa | Nurphoto | Getty ImagesOPEC+ is set to agree on Sunday a fourth increase in oil output targets...
100 days of the Iran war: How global markets and the economy have been affected, in charts
Sunday marks 100 days since the war in the Middle East began, and the conflict continues to drive substantial volatility...
Iran's threats against this Red Sea choke point are a big vulnerability for the oil market
President Donald Trump faces the risk that Iran will close the Bab el-Mandeb Strait if the conflict in the Middle...
Like Indonesia, India's central bank may hike rates to defend its currency
People walk past Reserve Bank of India signage in front of an installation stall at Global Fintech Fest in Mumbai,...
Iran has mined 'large segments' of Hormuz Strait, Secretary of State Rubio says
US Secretary of State Marco Rubio testifies during a Senate Foreign Relations Committee hearing concerning the fiscal year 2027 budget...
Nvidia, Meta and SLB rank among top companies in adopting AI, new study says
It seems every company is obsessed with artificial intelligence these days, whether it's how the technology is transforming their industry...
Oil climbs over 3% as U.S. and Iran exchange strikes, Israel expands Lebanon offensive
An Israeli flag flies over the medieval Beaufort Castle, known locally as Qalaat al-Shaqif or Shaqif Arnoun, as seen from...
U.S. and Iran still without deal to end war after Trump says he's not in a 'hurry'
U.S. President Donald Trump speaks next to Secretary of State Marco Rubio during a cabinet meeting in the Cabinet Room...
Iran war cost: Average U.S. household paying $450 more on gas and energy
Americans have spent nearly $450 extra per household on rising energy costs during the Iran war, according to an analysis...
Oil prices turn lower as U.S.-Iran ceasefire extension awaits Trump approval
Oil prices turned lower Thursday, erasing earlier gains, after U.S. and Iranian negotiators apparently reached an agreement to extend the...
Ousted BP chair Albert Manifold rejects ‘lies’ over his conduct
Albert Manifold, chief executive officer of CRH Plc, speaks during a Bloomberg Television interview in London, U.K., on Tuesday, Aug....
Energy inflation has been more persistent than expected, Fed's Goolsbee tells CNBC
Austan Goolsbee, president of the Federal Reserve Bank of Chicago, speaks during the 29th annual Milken Institute Global Conference at...
U.S. oil falls below $90 on report Iran agreement would restore Hormuz traffic in one month
U.S. crude oil prices fell more than 4% Wednesday on a report Iran would restore traffic through the Strait of...
Oil prices fall 5% after Trump says Iran talks proceeding in a 'constructive manner'
Crude oil prices fell more than 4% on Sunday after President Donald Trump indicated that talks with Iran to reopen...
Trump says Iran deal reopening Strait of Hormuz 'largely negotiated,' will be announced soon
A ship remains anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran. Negotiations between the...
Oil prices edge lower as Trump postpones Iran strike, easing supply disruption fears
Oil prices fell on Tuesday after U.S. President Donald Trump said he would postpone a planned military strike on Iran...
