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Oil jumps nearly 8% to above $102 ahead of US blockade on Iran
Oil prices surged above $102 a barrel as the U.S. Navy announced a blockade on ships to and from Iran, impacting global oil exports and market dynamics.
Oil set for largest weekly loss in 10 months after ceasefire
Oil prices face biggest weekly drop since last June despite supply concerns from Saudi Arabia and restricted flows through the Strait of Hormuz.
Oil rebounds as fragile ceasefire, Hormuz concerns keep supply risks elevated
Oil prices rose over 3% amid concerns about a fragile Middle East ceasefire and restricted flows through the Strait of Hormuz, a key global energy route.
Oil prices mixed; Brent flat, US crude up as Iran keeps Hormuz shut ahead of Trump deadline
US crude oil prices rise ahead of president Donald Trump's deadline as Iran maintains blockade of the Strait of Hormuz, impacting global oil flows.
Oil edges up in choppy trade; US, Iran receive ceasefire proposal framework
Oil prices inched up as the U.S. and Iran received a ceasefire proposal framework amid ongoing Middle East supply disruptions affecting global markets.
World faces largest-ever oil supply disruption on Middle East war, IEA says
The IEA reports the biggest oil supply disruption in history due to the Middle East war, with global supply dropping 8 million barrels per day in March 2024.
Boeing, trying to emerge from one of company’s most difficult eras, is having a pretty good week
Boeing secures a $96 billion jet order from Qatar and a major deal with Saudi Arabia as Trump visits the Middle East. Boeing stock hits yearly high.
