Crude oil prices surged more than 6% on Wednesday following U.S. President Donald Trump's declaration that…
Tag: oil
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…
US and Iran Agree to Truce Talks Over Hormuz Control
The United States and Iran have agreed to halt attacks and meet in Doha on Tuesday…
Saudi Aramco Helicopter Crash Claims 14 Lives in Incident
A helicopter crash involving Saudi Aramco occurred on Sunday in Ras Tanura, Saudi Arabia, resulting in…
Venezuela’s Economy Faces Further Strain After Devastating Earthquakes
Venezuela's economy, already in dire straits, faces additional challenges following two powerful earthquakes that struck the…