A Norwegian chemical tanker was struck by an unidentified projectile off the coast of Oman on…
Tag: oil
Oil Prices Surge 5% as Trump Reimposes Iran Blockade
Oil prices increased by more than 5% on Monday following President Donald Trump's announcement that the…
Oil Prices Surge 4% Amid US-Iran Airstrike Escalation
Oil prices climbed sharply on Monday following a series of airstrikes between the United States and…
U.S. and Iran Continue Peace Talks Amid Escalating Strikes
The United States and Iran will persist with peace negotiations despite escalating military actions between the…
Oil Prices Surge 6% After Trump Ends Iran Ceasefire
Crude oil prices surged more than 6% on Wednesday following U.S. President Donald Trump's declaration that…
Oil Prices Climb After US Strikes and Iran Sanctions Return
Oil prices rose sharply on Wednesday following new U.S. military strikes in Iran and the reinstatement…
Cambodia, Thailand Clash Over $300 Billion Oil and Gas
In a significant escalation of a long-standing maritime dispute, Cambodia has taken its territorial claims against…
Tanker Struck by Projectile in Strait of Hormuz Catches Fire
A tanker caught fire in the Strait of Hormuz early Tuesday after being struck by a…
Tanker Struck by Projectile Catches Fire Off Oman Coast
A tanker caught fire off the coast of Oman after being hit by a projectile early…
Iran-US Talks Ease Strait of Hormuz Tensions, Oil Prices
Oil prices fell for the third consecutive day on Thursday as tensions in the Strait of…