The International Energy Agency is sounding an urgent alarm: the global economy has only a matter of weeks to prevent a serious shipping crisis in the...
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Strait of Hormuz Risk Rises as Iran-U.S. Tensions Escalate
Heightened rhetoric and reported exchanges of attacks between Iran and the United States are drawing fresh attention to the Strait of Hormuz, the narrow waterway through...
Oil Prices Fall as U.S.-Iran Peace Agreement Eases Supply Fears
Crude oil prices declined after the United States and Iran reached a peace agreement, reducing fears of a conflict-driven supply disruption in one of the world’s...
Oil nears $100 as U.S. stock rally loses momentum
Oil prices pushed back toward the $100-a-barrel mark in recent trading, putting pressure on a U.S. stock market that had been riding an extended run of...