A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas. Richard Carson | Reuters Oil prices slipped below the $100 threshold on Friday amid persistent tensions around the Strait of Hormuz, with the vital shipping lane still largely closed…
A general view of the Port of Kharg Island Oil Terminal, 25 km from the Iranian coast in the Persian Gulf and 483 km northwest of the Strait of Hormuz, in Iran on March 12, 2017. Anadolu | Anadolu | Getty Images Oil prices swung in volatile trading on Tuesday as traders assess President Donald Trump‘s…
A pump jack is seen in a field on March 18, 2026 in Pecos, Texas. Brandon Bell | Getty Images Oil prices rose Thursday after Iran signaled it had no intention of holding direct talks with the United States, even as a U.S. proposal to end the war is under review by senior officials in…
Oil prices have climbed as fresh U.S. sanctions targeting Russia’s energy exports tightened global supply, lifting Brent crude futures to their highest level in weeks. Brent crude rose 1.8% to $65.21 a barrel, while U.S. West Texas Intermediate (WTI) gained 1.7% to $61.16, as traders assessed the impact of new American measures restricting Russian oil…
