US Strategic Petroleum Reserve falls below 300 million barrels, raising cavern damage concerns
The U.S. Strategic Petroleum Reserve has fallen below 300 million barrels for the first time since it was filled in…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
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Senegal raises fuel prices as Middle East tensions lift oil markets
Senegal raised regulated fuel prices effective August 15, 2026, lifting super gasoline to 990 CFA francs per liter and diesel…
Iran Rebuffs Trump’s Hormuz Territory Claim as Ship Is Struck in Strait
Iran rejected Donald Trump's claim that the Strait of Hormuz would soon become U.S. territory, after the UK Maritime Trade…
Iran advances law to control Strait of Hormuz as tanker attacks and US sanctions escalate
Iran's parliament is advancing a law that would let Tehran charge foreign vessels transit fees in the Strait of Hormuz…
Iran suspends US talks, threatens Israel as Hormuz oil risk deepens
Iran's parliament speaker suspended negotiations with the United States and threatened Israel after Israeli airstrikes hit Hezbollah positions in Beirut's…
