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oil tankers

Futures-options traders work on the floor at the New York Stock Exchange's NYSE American (AMEX) in New York City, U.S., March 9, 2026. REUTERS/Brendan McDermid
Mar 12, 2026

Wall St ends sharply lower as intensifying Iran war, soaring crude prompt selloff

U.S. stocks dropped sharply amid escalating Iran conflict and crude oil prices nearing $100 per barrel, raising inflation fears and market selloff.

FILE PHOTO: A drone view of a pump jack and drilling rig south of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman/File Photo
Dec 17, 2025

Oil rises as Trump’s Venezuela blockade takes edge off global crude surplus concerns

Oil prices rose more than 1% after Trump ordered a blockade of sanctioned Venezuelan oil tankers, tightening supply risks.

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