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Oil industry warns Trump that prices could explode as Iran blockade pushes markets to breaking point
Executives in the oil industry have reportedly warned the White House could dramatically rise in the coming months as the conflict with Iran continues
Oil prices keep swinging, and so do stocks worldwide
Oil prices and stock markets worldwide swung through a shaky Monday with uncertainty about what will happen with the Iran war. The S&P 500 swiveled between gains
Oil prices fall after U.S. Energy secretary says Hormuz ship traffic is increasing
President Donald Trump has repeatedly said a deal with Tehran to reopen Hormuz is close, but such an agreement still has not materialized.
Oil prices jump after US-Iran talks collapse, erasing recent declines
The price of oil rose sharply after Iran reportedly cut off talks with the United States to the war. Crude oil jumped to levels not seen since mid-May.
Oil prices jump after US and Iran exchange strikes; Exxon exec warns inventories could reach ‘unheard of’ lows
Oil markets jolted higher Monday after Iran threatened to shut the Strait of Hormuz amid escalating tensions in the Middle East. West Texas Intermediate crude surged 7% to about $94 a barrel and Brent climbed 6% to roughly $97,
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Oil Prices Rise as Iran Talks Stall and Inventories Shrink
Oil prices edged higher on Thursday, as investors monitored peace talks between the United States and Iran, while supply tightness and U.S. inventory drawdowns provided some support. Brent crude futures LCOc1 rose 40 cents, or 0.4%, to $105.42 a barrel by ...