U.S. sanctions all 27 remaining Iranian airlines as Hormuz war drags on, oil jumps
The U.S. Treasury sanctioned 27 Iranian airlines on Tuesday, targeting every carrier not already under restrictions as it tries to…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
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Oil Nears $100 as Houthi Strikes Hit Saudi Sites and US Strikes Iranian Tankers
Oil prices jumped above $99 a barrel Tuesday, the highest in three months, after Houthi missile and drone strikes hit…
Bitcoin Tests $78,300 Support as Middle East Tensions Push Oil to Multi-Month Highs
Bitcoin dropped below $78,000 on Tuesday for the first time since Sept. 3 as Middle East tensions pushed oil prices…
OPEC+ holds output steady, but the Hormuz closure is what sets fuel prices now
OPEC+ held October production quotas steady on Sunday, Sept. 6, but the decision barely moved prices because the Strait of…
Global Diesel Supply Crunch Set to Last Through Winter
A global diesel shortage will run through the winter as lost Russian and Middle Eastern refining capacity fails to return,…
