Browsing: Oil
The Strait of Hormuz reopened for a fleeting moment. Meanwhile, a longer-term threat to maritime commerce is escalating. The shadow…
US President Donald Trump said on Wednesday that he has instructed the Department of Justice to look into oil companies…
As high-stakes negotiations to end the Iran war continue in Switzerland, the maritime industry’s message to the White House is…
ToplineThe U.S. may impose its own tolls on the Strait of Hormuz if its peace deal with Iran fails, President…
It was a wild week for oil markets. Iran shipped roughly 20 million barrels of crude into global markets after…
Oil prices fell about 10% this week to their lowest price since the Iran war started, after President Trump signed…
Crude oil prices sank to their lowest levels in months following President Trump’s announcement of an agreement with Iran to…
Oil markets jolted higher Monday after Iran threatened to shut the Strait of Hormuz amid escalating tensions in the Middle…
Ousted BP Chair Albert Manifold denied claims that he “bullied” colleagues in a new statement, though he acknowledged that he…
“Rates of return get pretty minimal below fifty dollars.” That how legendary oil man Harold Hamm described the extraction state…