Iran and US Make Competing Claims Over Control of Strait of Hormuz
Iran's Basij paramilitary chief said Thursday that the Strait of Hormuz remains under Tehran's control, a day after President Trump…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
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Oman oil spill nears Strait of Hormuz, traffic-normalization odds fall to 15.5%
An oil spill from the grounded tanker Caroline Bezengi has reached Oman's southern coast near the Strait of Hormuz. Prediction…
Oil falls more than 3% on weaker demand outlook and US crude buildup
Oil dropped more than 3% on Thursday as a large U.S. crude stock build and lower demand forecasts from OPEC…
WTI Crude Drops $3 to $80.15 as Middle East Tension Meets Technical Breakdown
WTI crude dropped $3.12 to $80.15 as traders struggled to pin down a single cause behind the size of the…
Ukrainian drone strike halts 151,000 barrels per day at Russia’s Tyumen refinery
Ukrainian drones knocked out Russia's Tyumen refinery on July 25, halting 151,000 barrels per day of output in the second…
