A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. Alexander Manzyuk | Reuters Oil prices tumbled Friday after Iranian Foreign Minister Seyed Abbas Araghchi declared the Strait of Hormuz “completely open” during the ceasefire between Israel and Lebanon, raising hopes of easing supply disruptions. Araghchi’s comments on…
An aerial view shows the Chevron EL Segundo refinery, one of the largest petroleum processing facilities in California, on April 8, 2026 as seen from above Manhattan Beach, California. Mario Tama | Getty Images Oil prices fell on Tuesday, as the International Energy Agency forecast that “demand destruction will spread” amid growing supply scarcity and…
A general view of Navigator Terminals, an Oil storage depot along the River Thames on March 10, 2026 in London, England. Dan Kitwood | Getty Images News | Getty Images The fluctuating price of dated Brent, the global benchmark for real-world barrels of crude, has prompted energy analysts warn to that acute stress in the…
European government bonds reversed course on Thursday, moving higher after plunging during the previous session, as a fragile Middle East ceasefire keeps markets on edge. Bond traders are grappling with unusually high levels of volatility, which is clouding the outlook for interest rate policies at the Bank of England and European Central Bank. Yields on…
This picture taken on March 26, 2026 shows an oil tanker unloading crude oil at a port in Yantai, in China’s eastern Shandong province. CN-STR | Afp | Getty Images Oil prices rose Thursday after Iran accused the U.S of violating elements of a two-week ceasefire agreement, raising concerns that tensions could escalate again and…
1. ‘Fragile truce’ A television station broadcasts a news conference with US President Donald Trump on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, April 6, 2026. Michael Nagle | Bloomberg | Getty Images Stock futures rocketed higher overnight after President Donald Trump announced a two-week ceasefire with…
Asia-Pacific markets traded mostly higher Friday, after Iran and Oman were reportedly drafting a protocol to “monitor transit” through the Strait of Hormuz, raising hopes that the crucial waterway could partially reopen. Tanker traffic through the key oil-shipping route “should be supervised and coordinated” with the two countries, said Kazem Gharibabadi, Iran’s deputy foreign minister of…
U.S. President Donald Trump acknowledges those in attendance after speaking from the Cross Hall of the White House on April 1, 2026 in Washington, DC. Alex Brandon | Getty Images U.S. President Donald Trump said the U.S. will hit Iran “extremely hard” over the next two or three weeks in a national address on Wednesday. “We’re going…
Smoke emanates from smokestacks from an oil refinery in Linden, New Jersey, on March 18, 2026. Kena Betancur | AFP | Getty Images Crude prices seesawed in volatile trading on Wednesday, at one point dropping more than 4%, as investors weighed U.S. President Donald Trump’s willingness to exit the Iran conflict within weeks, even as…
The White House in Washington, DC, US, on Saturday, Jan. 3, 2026. Aaron Schwartz | Bloomberg | Getty Images The White House on Friday launched a smartphone app that touts a selection of President Donald Trump’s second-term accomplishments and curates favorable news articles. It also invites users to report tips to U.S. Immigration and Customs…