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Asia Scrambles for Oil as Iran War Disrupts Global Supply Chains

Countries in Asia are trying hard to get Russian oil as the war between the US, Israel and Iran is causing big problems with...

Middle East War Triggers Global Economic Shock as Energy Prices Surge

The Middle East War is causing a problem for the world economy. The fight between the United States, Israel and Iran is making energy...

US Turns to Iran’s Own Oil in High-Stakes Market Strategy

The United States is thinking about making a change to help control oil prices. They are considering letting oil back into the market for...

Hormuz on Edge: 95% Traffic Drop Sparks Global Supply Fears

The Strait of Hormuz is in trouble. This is an important place for oil to get to other countries.. Now it is almost not...

Oil Markets Split as Gulf Crude Soars to $131 While Global Benchmarks Slide

Oil markets are over the place right now. Gulf crude is going up and up it just reached $131.. Global benchmarks are going down....

Oil Prices Rise as Concerns Grow Over Iran–US Tensions

Oil prices settled higher on Friday, reversing earlier losses as investors grew increasingly worried that talks between the United States and Iran hadn't done...

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