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US Iran War: What Strikes Mean For Oil, Energy And Hormuz
The Strait of Hormuz handles 20% of global oil — and is now effectively a war zone. (AP Photo) Copyright 2026 The Associated Press. All rights reserved. The United States and Israel launched coordinated strikes across Tehran, Qom, Isfahan…
President Trump touts oil and gas production in Texas visit
CORPUS CHRISTI, Texas (Nexstar) — President Trump touched down on Texas soil for the second time since returning to the White House. Trump visited the Port of Corpus Christi where he delivered remarks to applaud his economic and energy…
Oil companies put on notice over Russian 'blood oil'
Fuel importers have been warned they could be breaching Australian sanctions law by importing Russian-origin oil processed in third countries, as the federal government comes under pressure to crack down on the revenue streams funding Vladimir…
US Strikes Iran in Major Escalation, Oil Market Impacts, More
Bloomberg News Now • Browse all episodes Listen for the latest from Bloomberg News…
Watch What Iran Attack Means For Oil
Bloomberg Economics Chief Emerging Markets Economist Ziad Daoud, PhD discusses the impact of oil following attacks on Iran.
Tourmaline Oil Corp. stock rises Friday, outperforms market
Shares of Tourmaline Oil Corp. TOU rose 2.15% to C$64.04 Friday, in what proved to be an otherwise all-around negative trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE falling 0.47% to 34,339.99. Tourmaline Oil Corp.
Iran Strikes: What's at Stake for Oil Markets as Trump Attacks
President Donald Trump's decision to strike Iran creates new risks for a significant chunk of the world's oil supply. The Islamic Republic itself pumps about 3.3 million barrels a day, or 3% of global output, making it the fourth-largest producer…
US and Israeli strikes on Iran could rattle oil markets
The U.S. and Israel's large-scale strikes on Iran Saturday are expected to rattle oil markets when trading resumes Sunday evening, with analysts anticipating an immediate price reaction and impact on gas prices. The central concern isn't just…
Alberta projects deficit of nearly C$10bn, citing low oil prices
Nadine Yousif Senior Canada reporter Canada's oil-rich province of Alberta is forecasting a deficit of C$9.4bn ($6.9bn; £5.1bn), citing the costs of a rising population coupled with low oil prices. The once debt-free province called the…
Why Is The Strait of Hormuz So Critical For Global Oil Prices?
Connecting the energy-rich Persian Gulf to global markets, the Strait of Hormuz dictates world oil prices and any disruption can cause global prices to spike instantly. Every single day, roughly 20% of the globe's daily oil supply squeezes through…
Oil Markets Brace for Disruption After U.S.-Israel Strikes on Iran
Energy markets are bracing for disruption after the start of major combat operations by Israel and the United States against Iran, especially because Tehran's initial reprisals have been much broader than the symbolic strikes it launched against…
First quarter indicates challenges for Texas oil and gas industry, rig counts down
(The Center Square) – As President Donald Trump touts economic and energy policies in Texas, the first quarter indicates ongoing challenges for the oil and gas industry. Rig counts are down and thousands of energy jobs have been eliminated…
Oil, Gold Rally on Hyperliquid as 24/7 Crypto Prices Iran Risk
Crypto traders flocked to decentralized exchange Hyperliquid over the weekend as the escalating conflict between the US, Israel and Iran rattled global sentiment and sent some investors seeking round-the-clock hedges. Contracts tied to oil jumped…
Oil Prices Have Been Rising Over Fears of Conflict
We won't know for sure how the attack is moving oil prices until Sunday evening New York time, when trading in Brent futures opens. The benchmark oil price has risen about 19% this year to just over $72 a barrel, mostly because traders thought a…
Oil prices set for swings next week as US-Israel strikes raise supply uncertainty
FRANKFURT, Germany (AP) — Oil markets currently closed for the weekend are set to see price swings next week as the impact from the U.S. and Israeli strikes on oil supplies from the Middle East remains unclear. Scenarios before the latest…
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