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Kharg Island, Iran's energy war over collapsing oil exports
The concept of an energy war has long been confined to the strategic manipulation of pipelines or the imposition of economic sanctions. But today, it has mutated into something far more visceral and visible. We are witnessing a collision between…
Oil Climbs as Iran War Shows No Sign of Ending: Markets Wrap
Oil extended gains and Treasury futures slipped as the US and Iran remained deadlocked in efforts to end nearly three months of conflict and restore shipping through the Strait of Hormuz. Brent crude rose more than 1% to above $110.50 a barrel…
The American epoch of oil is collapsing. What comes next could be ugly | Jonathan Watts
“Farewell,” the flag-waving Chinese children chanted to Donald Trump as he strolled along the red carpet back to Air Force One at the end of his summit with Xi Jinping in Beijing. The US leader claimed he was leaving with a cluster of…
Futures: Trump Threatens Iran Again; Oil, Yields In Focus
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures, with President Donald Trump warning Iran that 'the Clock is Ticking.' Dow giants Nvidia (NVDA) and Walmart (WMT) headline earnings reports this week. The…
Cuba's Officially Out Of Oil
Cuba's communist government confirmed on Friday what many of us predicted months ago: The island nation has officially run out of oil. On May 14, Energy and Mines Minister Vicente de la O Levy delivered the stark admission: “We have…
US gas prices: Democrats back bill for 'big oil' windfall tax
Democrats in Congress are reviving legislation aimed at lowering gas prices for American drivers as fuel costs remain elevated during the ongoing Iran conflict. The Big Oil Windfall Profits Tax Act was introduced on March 17 by two Democrats…
The Oil Shock Is Causing a $45 Billion Rupture in the Economy
The largest oil disruption in history is widening a divide in the economy. Americans have cumulatively spent about $45 billion more on gasoline and diesel during the war with Iran than they did during the same period a year ago, according to an…
ASX 200 LIVE: ASX to dip as oil jumps towards $US110
Go to latest The Australian sharemarket is poised to open lower as investors eagerly await earnings results from chip giant Nvidia, the world's largest company by market capitalisation, for signs of how much momentum the artificial intelligence…
US-Iran Conflict, Crude Oil Prices, FII Flows: Key Market Drivers for Dalal Street
Dalal Street is bracing for a volatile week as the US-Iran conflict, crude oil price movements, and foreign institutional investor flows are set to be the major determinants of market direction, compounded by persistent inflation concerns. The…
NCLAT upholds separate insolvency processes for Videocon Industries and Videocon Oil Ventures
Appellate tribunal NCLAT has upheld separate insolvency proceedings for two Videocon group entities -- Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL) -- while setting aside an earlier NCLT order that had directed clubbing of the…
Letter: Pumping oil markets instead of oil
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ASX set to retreat as tech stocks, rising oil prices weigh on Wall Street
The US stock market fell from its records on Friday and joined a worldwide drop for stocks after higher oil prices sent a shiver through the bond market. Stocks that had been caught up in the euphoria around artificial-intelligence technology led…
Trump-Xi talks fail to ease Iran tensions as Hormuz risks keep oil markets on edge (CO1:COM:Commodity)
Disruptions threaten a major artery for oil and LNG shipments, pushing Brent crude prices higher and raising inflation and market volatility concerns. U.S. peace proposals demand substantial Iranian concessions with little in return, making…
Brazil's Nostradamus issues major oil warning - 'severe crisis coming'
The psychic has predicted a big shift in global oil markets Brazilian psychic Athos Salomé, known by some as the 'Living Nostradamus', has made an intriguing prediction about the future of the Strait of Hormuz. The parapsychologist who…
Putin's agents are in UK NOW & ready to attack, exiled Russian oil tycoon says
TYRANT Vladimir Putin has chosen to UK as its number one enemy and is ready to attack, an exiled Russian oil tycoon has warned. Russia has ramped up its campaign of hybrid warfare and targeted assassinations across Europe since its invasion of…
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