During a meeting at the White House on Tuesday, U.S. President Donald Trump and Iraqi Prime…
Tag: oil
Oil Prices Rise as Iran Threatens to Close Export Corridors
Oil prices increased for the fourth consecutive day on Wednesday as tensions escalated in the Strait…
Iranian Oil Tankers Seek Refuge in Pakistan Amid US Blockade
Two tankers carrying a combined 1 million barrels of Iranian crude oil have redirected to Karachi,…
Global Refining Capacity Down 10% Amid Supply Chain Crisis
Approximately 10% of global refining capacity is currently offline due to a combination of geopolitical tensions…
Nomura Warns India Oil Imports Vulnerable Amid Tensions
Nomura has warned that over 50% of India's oil imports are vulnerable due to rising geopolitical…
Trump Abandons 20% Hormuz Fee Amid Escalating Iran Conflict
U.S. President Donald Trump has reversed his plan to impose a 20 percent fee on cargo…
Norwegian Tanker Hit by Projectile Amid US-Iran Tensions
A Norwegian chemical tanker was struck by an unidentified projectile off the coast of Oman on…
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…