cbsnews.com
Iran's Houthi allies step up deadly attacks on Saudi Arabia
Iran's Houthi allies have killed 3 in a strike on Saudi Arabia's main airport. Trump rejects Iran's 7-day plan for peace talks.
Oil Prices
Stories tagged “Oil Prices.”
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punchng.com
W’Bank: Naira proves more resilient than several African currencies
The World Bank reported that Nigeria's naira demonstrated greater resilience than many other African currencies during Q2 2026, despite global economic pressures.
WTI Sinks Nearly 4% as EU Weighs Emergency Stockpile Release
oilprice.com
WTI Sinks Nearly 4% as EU Weighs Emergency Stockpile Release
West Texas Intermediate (WTI) crude oil prices fell by nearly 4% as the European Union considers releasing emergency oil stockpiles to address market volatility and supply concerns.
arynews.tv
Petrol relief scheme: Rs12.2mln paid to 868 fuel pumps in Pakistan
Payments to petrol pumps under Prime Minister Shehbaz Sharif's scheme have begun, with Rs12.2 million paid to 868 pumps. Registration for the relief scheme has reached one million people.
techjuice.pk
Federal Government Orders Three-Month Austerity Campaign Amid Rising Oil Prices
Federal government implements fuel-saving austerity measures to cut official vehicle fuel by 50% and ground half of the vehicle fleet.
Oman postpones regional talks on Strait of Hormuz with Iran and other countries
france24.com
Oman postpones regional talks on Strait of Hormuz with Iran and other countries
Oman postpones talks with Iran and other regional countries on Strait of Hormuz due to consensus interests. Saudi Civil Defense lifts alerts for potential danger in four southern cities.
SPR Sinks Toward Operational Minimum as U.S. Crude Inventories Build
oilprice.com
SPR Sinks Toward Operational Minimum as U.S. Crude Inventories Build
The U.S. Strategic Petroleum Reserve (SPR) is nearing its operational minimum as U.S. crude inventories continue to build. This development has significant implications for the global oil market, particularly in the context of ongoing tensions between the U.S. and Iran.
channelnewsasia.com
Oil prices steady as investors weigh impact of expanded US sanctions against Iran
Oil prices steadied on Tuesday after falling more than 2 per cent in the previous session, as investors assessed the impact of harsher US secondary sanctions against Iran. Brent crude futures were down 9 cents, or 0.1 per cent, at US$92.16 by 1.04am GMT (9.04am, Singapore…
Pemex and Petrobras Bet Big on High-Risk High-Reward Drilling Off Mexico
oilprice.com
Pemex and Petrobras Bet Big on High-Risk High-Reward Drilling Off Mexico
Pemex and Petrobras are investing heavily in high-risk, high-reward drilling off Mexico's coast, aiming to boost oil production and reduce dependence on foreign suppliers.
middleeasteye.net
US vows to 'collapse' Iran with new sanctions as energy prices spike
US Treasury Secretary Scott Bessent announces tough sanctions on Iran, vowing to collapse the regime. Brent Oil price rises.
China Is Squeezing India Out of Russia’s Oil Trade
oilprice.com
China Is Squeezing India Out of Russia’s Oil Trade
China is reportedly squeezing India out of Russia's oil trade, with the US quietly building a new energy foothold in Iraq. The move is seen as a strategic shift in the global energy landscape.
Canadian dollar hits near three-month high on oil, trade hopes
investing.com
Canadian dollar hits near three-month high on oil, trade hopes
The Canadian dollar reached its strongest level in nearly three months against the U.S. dollar on Thursday as oil prices climbed and investors monitored trade negotiations between Canada and the United States.
al-monitor.com
US Treasury Secretary Bessent says will impose toughest ever sanctions on Iran, urges China to cooperate
US Treasury Secretary Scott Bessent announced that the US will impose 'the toughest sanctions in history' on Iran, urging China to cooperate with Washington. Bessent stated that the sanctions will be a one-two punch, combining a blockade with economic pressure to collapse…
Hope Fades, Traders Brace for Extended Oil, LNG Squeeze
oilprice.com
Hope Fades, Traders Brace for Extended Oil, LNG Squeeze
Oil prices rise for the fourth day as tensions in the Strait of Hormuz slow tanker traffic. Traders are bracing for an extended oil and LNG squeeze as the situation worsens.
SLB Prepares to Restart 15 Oil Rigs in Venezuela
oilprice.com
SLB Prepares to Restart 15 Oil Rigs in Venezuela
SLB is preparing to restart 15 oil rigs in Venezuela, a move that could boost the country's oil production. The company has signed deals with SLB and Hunt to boost production.
en.mehrnews.com
Iran Warns Trump for Claiming to Seize Hormuz Strait: Spox
Iran's Parliament Spokesman Ebrahim Rezaei has warned US President Donald Trump for claiming to seize the Strait of Hormuz. Rezaei stated that Trump's clothes still smell like airplane food, and yet he claims to have seized the Strait of Hormuz.
Oil Prices Rise for Fourth Day as Hormuz Traffic Slows
oilprice.com
Oil Prices Rise for Fourth Day as Hormuz Traffic Slows
Oil prices have risen for the fourth consecutive day due to a slowdown in traffic through the Strait of Hormuz, a key shipping route. The increase in prices is attributed to the risk of supply disruptions and the potential for conflict in the region.
techjuice.pk
Bitcoin Reclaims $65K as S&P 500 Rebounds Amid US-Iran Tensions
Bitcoin returned to the $65,000 level on Tuesday for the first time in a week as cryptocurrency and US equities recovered from recent losses despite renewed geopolitical tensions between the United States and Iran.
bbc.co.uk
Global borrowing costs hit fresh highs
Long-term borrowing costs across some of the world's biggest economies have hit fresh highs due to concerns over inflation, government debt levels, and spending on Artificial Intelligence (AI).
U.S.-Iran Tensions Push Oil Prices Higher as Diesel Margins Hit Records
oilprice.com
U.S.-Iran Tensions Push Oil Prices Higher as Diesel Margins Hit Records
U.S.-Iran tensions have pushed oil prices higher as diesel margins hit records. The conflict has driven up demand for safe-haven assets, including oil, and has disrupted supply routes, further increasing prices.
arynews.tv
Gold shows early signs of reclaiming safe-haven appeal after Iran war selloff
Gold prices have rebounded 9% in August to around $4,400 an ounce, suggesting the metal is regaining favour with institutional investors and central banks. The rebound is attributed to lower oil prices and softer US inflation data.
techjuice.pk
Oil Prices Rise as US-Iran Peace Talks Stall, Hormuz Traffic Slows
Oil prices rose on Monday as expectations of a breakthrough in US-Iran peace talks weakened and tanker traffic through the Strait of Hormuz slowed, increasing concerns over potential disruptions to global crude supplies.
en.mehrnews.com
Iran will switch to offensive if diplomacy fails
Iran has decided to shift its policy from defensive to a fully offensive one if diplomacy with the US fails. The country has set a deadline for the US to implement the Islamabad MoU, and will escalate tensions in the Strait of Hormuz if diplomacy fails.
tehrantimes.com
No fixed strategic objective
Trump's contradictory behavior in Iran policy causes confusion, oil prices fall below $100 due to strategic reserves and alternative pipelines.
Trump says he will soon declare Strait of Hormuz U.S. 'territory;' tells Americans to accept high gas prices
japantoday.com
Trump says he will soon declare Strait of Hormuz U.S. 'territory;' tells Americans to accept high gas prices
U.S. President Donald Trump said he will soon declare the Strait of Hormuz a U.S. 'territory' as he steps up pressure on Iran. He urged Americans to accept higher gasoline prices caused by the war to prevent Tehran from possessing a nuclear weapon.
Asia FX ticks up, dollar dips after soft U.S. PPI curbs Fed hike bets
investing.com
Asia FX ticks up, dollar dips after soft U.S. PPI curbs Fed hike bets
Asian currencies ticked higher on Friday and the dollar weakened slightly after subdued U.S. inflation data further reduced expectations of a Federal Reserve interest-rate hike in the near term. Most units were little changed, restrained by lingering Middle East tensions …
Hormuz Tensions Surge After Reports of Another Tanker Strike
oilprice.com
Hormuz Tensions Surge After Reports of Another Tanker Strike
Tensions in the Strait of Hormuz have escalated after reports of another tanker strike. The incident has raised concerns about the safety of oil shipments and the potential for further conflict in the region.
Why Trump’s Waiver of the Jones Act Is Unlikely To Lower Gas Prices
oilprice.com
Why Trump’s Waiver of the Jones Act Is Unlikely To Lower Gas Prices
The Jones Act waiver by Trump is unlikely to lower gas prices due to various factors, including the complexities of the US oil market and the limited impact of the waiver on oil prices.
nbcnews.com
Iran issues new demands over Strait of Hormuz
Iran has issued a new list of demands to the United States, complicating efforts to reopen the critical Strait of Hormuz. NBC News' Keir Simmons reports from Doha.
Airlines Scramble for Jet Fuel as Hormuz Disruption Drags On
oilprice.com
Airlines Scramble for Jet Fuel as Hormuz Disruption Drags On
Airlines are struggling to secure jet fuel supplies as the Hormuz Strait disruption continues. The crisis has led to a surge in oil prices, with Brent crude reaching a 14-month high. The situation is further complicated by the US's six sweeping demands for Iran, which cou…