Oil Prices In Middle East
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Donald Trump Says Iran Blockade Incredible' as Oil Prices Keep Rising
Oil prices across parts of the US are also rising sharply, with the national average at fresh highs and retail gasoline in California soaring above $6 a gallon.
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Trump Shares Map Renaming Hormuz As 'Strait Of Trump' Amid Naval Blockade
The Strait of Hormuz is a narrow but vital sea route through which about one-fifth of global oil shipments typically pass.
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"Next Stop $140": Iran Speaker Ghalibaf's Big Warning As Oil Prices Reach Historic High
Ghalibaf blamed "junk advice" from top US officials like Treasury Secretary Scott Bessent for pushing the theory of economic pressure, claiming it had instead spiked global oil prices to $120 per barrel, with $140 likely as the "next stop".
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UAE Quits OPEC: What It Means For India's Oil Prices, Fuel Bills
Being able to deal with the UAE as a separate seller should give Indian refineries the chance to re-adjust risk levels and pricing, particularly if some volume of crude is routed via overland pipelines to bypass the Hormuz blockade.
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UAE Exit Blindsides OPEC And Threatens To Shake Its Grip On Oil
For OPEC and its partners, the departure will dilute their ability to manage oil prices by adjusting supply, while positioning the UAE as a wild card player at a time of unprecedented upheaval in the global market.
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Oil Giants Make $3,000 Every Second As US Families Struggle To Pay Bills
Six oil companies are expected to post $94 billion in fossil fuel profits this year. This is $37 million more per day than what they earned in 2025.
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Iran War Impacted Diesel Prices Much More Than Gasoline. Here's Why
The United States is the biggest exporter of petroleum products, including diesel. But with a fifth of the world's oil supply choked off at Hormuz, even the US could not make up for the shortfall.
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Donald Trump Weighs Shipping Waiver Renewal To Ease Oil, Gas Prices
Global energy prices have risen substantially in the past two months, with Brent crude, the international benchmark, climbing nearly 36 per cent.
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When Oil Prices Spike, Where Does The Money Go?
The Iran war caused a sharp rise in global oil prices, benefiting producers and shareholders.
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Fuel Prices Jump 35% Since Iran Conflict, Pre-War Levels May Take Months
Data from the American Automobile Association shows the national average at $4.05 a gallon on Sunday, up from $2.98 before the conflict began.
-
Donald Trump Says Iran Blockade Incredible' as Oil Prices Keep Rising
Oil prices across parts of the US are also rising sharply, with the national average at fresh highs and retail gasoline in California soaring above $6 a gallon.
-
Trump Shares Map Renaming Hormuz As 'Strait Of Trump' Amid Naval Blockade
The Strait of Hormuz is a narrow but vital sea route through which about one-fifth of global oil shipments typically pass.
-
"Next Stop $140": Iran Speaker Ghalibaf's Big Warning As Oil Prices Reach Historic High
Ghalibaf blamed "junk advice" from top US officials like Treasury Secretary Scott Bessent for pushing the theory of economic pressure, claiming it had instead spiked global oil prices to $120 per barrel, with $140 likely as the "next stop".
-
UAE Quits OPEC: What It Means For India's Oil Prices, Fuel Bills
Being able to deal with the UAE as a separate seller should give Indian refineries the chance to re-adjust risk levels and pricing, particularly if some volume of crude is routed via overland pipelines to bypass the Hormuz blockade.
-
UAE Exit Blindsides OPEC And Threatens To Shake Its Grip On Oil
For OPEC and its partners, the departure will dilute their ability to manage oil prices by adjusting supply, while positioning the UAE as a wild card player at a time of unprecedented upheaval in the global market.
-
Oil Giants Make $3,000 Every Second As US Families Struggle To Pay Bills
Six oil companies are expected to post $94 billion in fossil fuel profits this year. This is $37 million more per day than what they earned in 2025.
-
Iran War Impacted Diesel Prices Much More Than Gasoline. Here's Why
The United States is the biggest exporter of petroleum products, including diesel. But with a fifth of the world's oil supply choked off at Hormuz, even the US could not make up for the shortfall.
-
Donald Trump Weighs Shipping Waiver Renewal To Ease Oil, Gas Prices
Global energy prices have risen substantially in the past two months, with Brent crude, the international benchmark, climbing nearly 36 per cent.
-
When Oil Prices Spike, Where Does The Money Go?
The Iran war caused a sharp rise in global oil prices, benefiting producers and shareholders.
-
Fuel Prices Jump 35% Since Iran Conflict, Pre-War Levels May Take Months
Data from the American Automobile Association shows the national average at $4.05 a gallon on Sunday, up from $2.98 before the conflict began.
